Roundview Capital LLC Raises Stock Position in Transdigm Group Incorporated $TDG

Roundview Capital LLC boosted its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 10.8% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,839 shares of the aerospace company’s stock after acquiring an additional 179 shares during the period. Roundview Capital LLC’s holdings in Transdigm Group were worth $2,796,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. KLP Kapitalforvaltning AS increased its stake in shares of Transdigm Group by 4.5% during the second quarter. KLP Kapitalforvaltning AS now owns 37,292 shares of the aerospace company’s stock worth $56,708,000 after purchasing an additional 1,600 shares in the last quarter. Avantra Family Wealth Inc. boosted its holdings in Transdigm Group by 15.1% in the 2nd quarter. Avantra Family Wealth Inc. now owns 244 shares of the aerospace company’s stock worth $371,000 after buying an additional 32 shares during the last quarter. Drake & Associates LLC acquired a new stake in Transdigm Group in the 2nd quarter worth about $592,000. Chung Wu Investment Group LLC purchased a new stake in Transdigm Group during the 2nd quarter worth approximately $76,000. Finally, JSF Financial LLC acquired a new position in shares of Transdigm Group during the second quarter valued at approximately $1,194,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity at Transdigm Group

In related news, Director Michael Graff sold 1,760 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction that occurred on 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 sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,593,852. This trade represents a 45.45% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 21,232 shares of company stock worth $29,496,571. 4.09% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on TDG. Stifel Nicolaus assumed coverage on Transdigm Group in a report on Tuesday, June 24th. They issued a “buy” rating and a $1,710.00 price objective on the stock. UBS Group raised their price target on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a “buy” rating in a research note on Thursday, August 7th. The Goldman Sachs Group upped their price objective 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. Morgan Stanley raised their target price 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. Finally, Susquehanna boosted their target price on Transdigm Group from $1,300.00 to $1,600.00 and gave the stock a “neutral” rating in a report on Monday, July 14th. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,588.50.

Transdigm Group Stock Performance

TDG opened at $1,293.23 on Tuesday. The stock has a market capitalization of $72.87 billion, a PE ratio of 42.92, a P/E/G ratio of 2.33 and a beta of 1.02. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82. The business’s 50 day moving average price is $1,367.57 and its 200 day moving average price is $1,410.62.

Transdigm Group (NYSE:TDG) last posted its 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). Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the prior year, the firm earned $9.00 EPS. Transdigm Group’s revenue for the quarter 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. As a group, equities research analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The business also recently announced a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were given 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.

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.