Broadleaf Partners LLC Sells 2,864 Shares of Transdigm Group Incorporated $TDG

Key Points

• Broadleaf Partners LLC has decreased its holdings in Transdigm Group by 48.4%, selling 2,864 shares and now owning 3,053 shares valued at $4,223,000.
• Insider trading has seen significant activity with CFO Sarah Wynne selling 3,200 shares and Director Robert J. Small selling 45,700 shares, indicating a 34.07% and 48.48% decrease in ownership respectively.
• Transdigm Group announced a special dividend of $90.00, an increase from the previous special dividend of $75.00, highlighting a strong financial performance despite missing earnings estimates in its latest quarter.

Broadleaf Partners LLC lowered its stake in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 48.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,053 shares of the aerospace company's stock after selling 2,864 shares during the period. Broadleaf Partners LLC's holdings in Transdigm Group were worth $4,223,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC boosted its holdings in Transdigm Group by 111.1% during the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock worth $26,000 after buying an additional 10 shares during the last quarter. Winch Advisory Services LLC lifted its stake in Transdigm Group by 53.8% in the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock valued at $28,000 after acquiring an additional 7 shares in the last quarter. Park Square Financial Group LLC bought a new stake in Transdigm Group in the 4th quarter valued at approximately $32,000. Wayfinding Financial LLC bought a new stake in Transdigm Group in the 1st quarter valued at approximately $75,000. Finally, CVA Family Office LLC lifted its stake in Transdigm Group by 123.1% in the 1st quarter. CVA Family Office LLC now owns 58 shares of the aerospace company's stock valued at $80,000 after acquiring an additional 32 shares in the last quarter. Institutional investors own 95.78% of the company's stock.

Transdigm Group Price Performance

NYSE TDG traded up $23.73 on Tuesday, reaching $1,413.71. The stock had a trading volume of 266,990 shares, compared to its average volume of 415,674. The firm has a fifty day moving average of $1,498.03 and a two-hundred day moving average of $1,416.90. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The company has a market cap of $79.66 billion, a P/E ratio of 46.92, a price-to-earnings-growth ratio of 2.94 and a beta of 1.07.

Transdigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the prior year, the company earned $9.00 earnings per share. The business's quarterly 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. Research analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The business also recently announced a special dividend, which will be paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $90.00 per share. The ex-dividend date is Tuesday, September 2nd. This is a positive change from Transdigm Group's previous special dividend of $75.00.

Insider Buying and Selling

In related news, CFO Sarah Wynne sold 1,800 shares of the company's stock in a transaction on Friday, June 13th. The stock was sold at an average price of $1,450.00, for a total transaction of $2,610,000.00. Following the completion of the sale, the chief financial officer directly owned 3,400 shares in the company, valued at $4,930,000. This represents a 34.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert J. Small sold 45,700 shares of the company's stock in a transaction on Tuesday, June 10th. The stock was sold at an average price of $1,425.01, for a total value of $65,122,957.00. Following the sale, the director owned 88,419 shares of the company's stock, valued at approximately $125,997,959.19. This represents a 34.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 65,172 shares of company stock valued at $93,910,577. 4.09% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on TDG. The Goldman Sachs Group boosted their target price on 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. Truist Financial boosted their target price on 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. KeyCorp cut their target price on Transdigm Group from $1,700.00 to $1,600.00 and set an "overweight" rating on the stock in a research note on Friday, August 8th. Wall Street Zen raised Transdigm Group from a "hold" rating to a "buy" rating in a research report on Saturday, May 17th. Finally, Morgan Stanley boosted their price target on Transdigm Group from $1,575.00 to $1,750.00 and gave the stock an "overweight" rating in a research report on Thursday, July 17th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $1,624.69.

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.