Chilton Capital Management LLC Has $58.51 Million Stock Position in Transdigm Group Incorporated $TDG

Chilton Capital Management LLC grew its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 26.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,474 shares of the aerospace company’s stock after buying an additional 8,041 shares during the quarter. Transdigm Group accounts for approximately 2.1% of Chilton Capital Management LLC’s investment portfolio, making the stock its 10th biggest holding. Chilton Capital Management LLC owned 0.07% of Transdigm Group worth $58,505,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in TDG. Winch Advisory Services LLC grew its position in Transdigm Group by 53.8% during the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock valued at $28,000 after buying an additional 7 shares during the period. Saudi Central Bank purchased a new stake in shares of Transdigm Group during the 1st quarter worth approximately $30,000. Park Square Financial Group LLC raised its holdings in shares of Transdigm Group by 36.0% in the 1st quarter. Park Square Financial Group LLC now owns 34 shares of the aerospace company’s stock worth $47,000 after purchasing an additional 9 shares during the period. Ameritas Advisory Services LLC bought a new position in Transdigm Group during the second quarter valued at $47,000. Finally, Hilltop National Bank purchased a new stake in Transdigm Group in the second quarter worth $71,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Trading Up 0.7%

TDG stock opened at $1,359.71 on Friday. The company’s 50 day moving average is $1,316.00 and its 200 day moving average is $1,405.85. The stock has a market cap of $76.62 billion, a price-to-earnings ratio of 45.13, a price-to-earnings-growth ratio of 3.34 and a beta of 1.02. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 EPS for the quarter, missing analysts’ consensus estimates of $9.75 by ($0.15). The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.Transdigm Group’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, sell-side analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The firm also recently declared a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were given a dividend of $90.00 per share. The ex-dividend date was Tuesday, September 2nd. This is an increase from Transdigm Group’s previous special dividend of $75.00.

Insider Buying and Selling at Transdigm Group

In other news, Director W Nicholas Howley sold 2,736 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $1,298.87, for a total transaction of $3,553,708.32. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $27,988,050.76. This trade represents a 11.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Michael Graff sold 1,760 shares of the business’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the completion of the sale, the director directly owned 1,964 shares of the company’s stock, valued at approximately $2,753,724.40. This trade represents a 47.26% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,232 shares of company stock valued at $27,800,332. Insiders own 4.09% of the company’s stock.

Analysts Set New Price Targets

TDG has been the topic of a number of research reports. Truist Financial lowered their price objective on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research note on Wednesday, October 15th. Susquehanna dropped their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a research note on Thursday, October 9th. JPMorgan Chase & Co. boosted their target price on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Jefferies Financial Group cut their price target on Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a report on Wednesday, September 17th. Finally, Royal Bank Of Canada cut Transdigm Group from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $1,550.00 to $1,385.00 in a report on Monday, September 8th. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,564.56.

Transdigm Group Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.