Legal Advantage Investments Inc. Has $9.93 Million Stock Holdings in Transdigm Group Incorporated $TDG

Legal Advantage Investments Inc. increased its stake in Transdigm Group Incorporated (NYSE:TDG) by 8.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,527 shares of the aerospace company’s stock after acquiring an additional 500 shares during the quarter. Transdigm Group accounts for approximately 4.6% of Legal Advantage Investments Inc.’s portfolio, making the stock its 2nd largest position. Legal Advantage Investments Inc.’s holdings in Transdigm Group were worth $9,925,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of TDG. Farther Finance Advisors LLC increased its stake in shares of Transdigm Group by 34.2% in the 1st quarter. Farther Finance Advisors LLC now owns 357 shares of the aerospace company’s stock valued at $499,000 after acquiring an additional 91 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of Transdigm Group by 28.3% in the 1st quarter. GAMMA Investing LLC now owns 897 shares of the aerospace company’s stock valued at $1,241,000 after acquiring an additional 198 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of Transdigm Group by 2.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 1,035 shares of the aerospace company’s stock valued at $1,432,000 after acquiring an additional 27 shares in the last quarter. CX Institutional increased its stake in shares of Transdigm Group by 21.7% in the 1st quarter. CX Institutional now owns 213 shares of the aerospace company’s stock valued at $295,000 after acquiring an additional 38 shares in the last quarter. Finally, Everhart Financial Group Inc. increased its stake in shares of Transdigm Group by 19.1% in the 1st quarter. Everhart Financial Group Inc. now owns 599 shares of the aerospace company’s stock valued at $829,000 after acquiring an additional 96 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on TDG shares. Jefferies Financial Group decreased their price target on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a research note on Wednesday, September 17th. Truist Financial boosted their price target on shares of Transdigm Group from $1,553.00 to $1,730.00 and gave the company a “buy” rating in a research note on Friday, July 11th. The Goldman Sachs Group boosted their price target on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the company a “buy” rating in a research note on Monday, June 23rd. Stifel Nicolaus started coverage on shares of Transdigm Group in a research note on Tuesday, June 24th. They set a “buy” rating and a $1,710.00 price target for the company. Finally, Morgan Stanley boosted their price target on shares of Transdigm Group from $1,575.00 to $1,750.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Transdigm Group currently has an average rating of “Moderate Buy” and a consensus target price of $1,579.13.

Transdigm Group Price Performance

NYSE TDG opened at $1,276.79 on Friday. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The firm has a market cap of $71.95 billion, a price-to-earnings ratio of 42.38, a PEG ratio of 2.31 and a beta of 1.02. The company has a fifty day moving average price of $1,341.66 and a 200-day moving average price of $1,407.43.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.75 by ($0.15). Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The firm had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the previous year, the company earned $9.00 EPS. The business’s revenue was up 9.3% compared to the same quarter last year. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The company also recently announced a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were paid a $90.00 dividend. The ex-dividend date was Tuesday, September 2nd. This is a positive change from Transdigm Group’s previous special dividend of $75.00.

Insider Activity

In related news, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $1,276.07, for a total transaction of $3,828,210.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,593,852. This represents a 45.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Michael Graff sold 1,760 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total transaction of $2,467,696.00. Following the transaction, the director owned 1,964 shares of the company’s stock, valued at approximately $2,753,724.40. The trade was a 47.26% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,232 shares of company stock worth $29,496,571. 4.09% of the stock is owned by insiders.

About Transdigm Group

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.