Transdigm Group Incorporated $TDG Stake Boosted by Asset Planning Inc

Asset Planning Inc boosted its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 0.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,809 shares of the aerospace company’s stock after purchasing an additional 20 shares during the period. Transdigm Group comprises about 10.0% of Asset Planning Inc’s investment portfolio, making the stock its 2nd biggest position. Asset Planning Inc’s holdings in Transdigm Group were worth $13,395,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vontobel Holding Ltd. purchased a new position in Transdigm Group during the first quarter valued at $387,000. Dynamic Advisor Solutions LLC bought a new stake in Transdigm Group during the first quarter valued at about $1,113,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in Transdigm Group by 4.6% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,653 shares of the aerospace company’s stock valued at $11,970,000 after acquiring an additional 380 shares during the period. BNP Paribas Financial Markets raised its holdings in Transdigm Group by 5.4% during the first quarter. BNP Paribas Financial Markets now owns 104,065 shares of the aerospace company’s stock valued at $143,952,000 after acquiring an additional 5,369 shares during the period. Finally, Radnor Capital Management LLC raised its holdings in Transdigm Group by 57.9% during the second quarter. Radnor Capital Management LLC now owns 1,255 shares of the aerospace company’s stock valued at $1,908,000 after acquiring an additional 460 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,276.79 on Friday. The business’s 50 day moving average is $1,341.66 and its two-hundred day moving average is $1,407.43. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The stock has a market capitalization of $71.95 billion, a P/E ratio of 42.38, a PEG ratio of 2.31 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share 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 company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the firm earned $9.00 earnings per share. The company’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. As a group, equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The firm also recently announced 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. This is a boost from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date was Tuesday, September 2nd.

Analyst Upgrades and Downgrades

A number of research firms have commented on TDG. Morgan Stanley raised their price target on Transdigm Group from $1,575.00 to $1,750.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Weiss Ratings reissued a “buy (b)” rating on shares of Transdigm Group in a report on Wednesday. Susquehanna decreased their price target on Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a report on Thursday. BMO Capital Markets initiated coverage on Transdigm Group in a report on Tuesday, September 30th. They issued an “outperform” rating and a $1,420.00 target price on the stock. Finally, The Goldman Sachs Group lifted their target price on Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a “buy” rating in a report on Monday, June 23rd. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,579.13.

Insiders Place Their Bets

In other Transdigm Group news, Director Robert J. Small sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $1,276.98, for a total transaction of $6,384,900.00. Following the completion of the transaction, the director owned 83,419 shares in the company, valued at $106,524,394.62. The trade was a 5.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director W Nicholas Howley sold 2,736 shares of the business’s stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $1,569.86, for a total value of $4,295,136.96. Following the transaction, the director owned 21,548 shares of the company’s stock, valued at $33,827,343.28. This trade represents a 11.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,232 shares of company stock worth $29,496,571 over the last three months. 4.09% of the stock is currently owned by corporate insiders.

Transdigm Group Company 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.