MGO One Seven LLC Cuts Position in Transdigm Group Incorporated $TDG

MGO One Seven LLC cut its stake in Transdigm Group Incorporated (NYSE:TDG) by 2.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,877 shares of the aerospace company’s stock after selling 47 shares during the period. MGO One Seven LLC’s holdings in Transdigm Group were worth $2,854,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TDG. Vanguard Group Inc. lifted its stake in Transdigm Group by 1.4% in the first quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company’s stock worth $8,797,619,000 after purchasing an additional 89,121 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Transdigm Group by 4.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 364,956 shares of the aerospace company’s stock worth $504,840,000 after purchasing an additional 14,703 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Transdigm Group by 3.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 354,613 shares of the aerospace company’s stock worth $490,533,000 after purchasing an additional 12,842 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Transdigm Group by 32.7% in the first quarter. Goldman Sachs Group Inc. now owns 273,924 shares of the aerospace company’s stock worth $378,917,000 after purchasing an additional 67,547 shares during the last quarter. Finally, Vulcan Value Partners LLC lifted its stake in Transdigm Group by 5.6% in the first quarter. Vulcan Value Partners LLC now owns 249,026 shares of the aerospace company’s stock worth $344,543,000 after purchasing an additional 13,286 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Truist Financial boosted their price target on shares of Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a “buy” rating in a research note on Friday, July 11th. Stifel Nicolaus assumed coverage on shares of Transdigm Group in a research note on Tuesday, June 24th. They issued a “buy” rating and a $1,710.00 price target for the company. Morgan Stanley boosted their price target on shares of Transdigm Group from $1,575.00 to $1,750.00 and gave the stock an “overweight” rating in a research note on Thursday, July 17th. JPMorgan Chase & Co. boosted their price target on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Finally, Susquehanna lowered their price objective on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research note on Thursday, October 9th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,579.13.

Transdigm Group Trading Up 1.5%

Shares of NYSE:TDG opened at $1,311.96 on Wednesday. The company has a market cap of $73.93 billion, a price-to-earnings ratio of 43.54, a price-to-earnings-growth ratio of 2.94 and a beta of 1.02. The company has a 50-day moving average price of $1,333.20 and a 200-day moving average price of $1,406.36. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the company earned $9.00 earnings per share. Transdigm Group’s quarterly revenue was up 9.3% on a year-over-year basis. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, research analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

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

Insider Activity at Transdigm Group

In related news, Director Robert J. Small sold 5,000 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $1,276.98, for a total value of $6,384,900.00. Following the completion of the transaction, the director directly owned 83,419 shares of the company’s stock, valued at $106,524,394.62. This represents a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Graff sold 1,760 shares of the stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $1,402.10, for a total transaction of $2,467,696.00. Following the completion of the transaction, the director directly 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,496 shares of company stock valued at $25,201,434 in the last three months. Corporate insiders own 4.09% of the company’s stock.

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.