Transdigm Group Incorporated $TDG Stock Position Decreased by Crow s Nest Holdings LP

Key Points

• Crow's Nest Holdings LP decreased its holdings in Transdigm Group by 8.0% after selling 3,500 shares, leaving the fund with 40,500 shares, constituting about 13.9% of its investment portfolio.
• The company reported a miss in earnings per share for the last quarter, posting $9.60 compared to the expected $9.75, while also announcing a special dividend boost from $75.00 to $90.00.
• Transdigm Group's stock is currently rated as a "Moderate Buy" by analysts, with the average target price set at $1,624.69.

Crow s Nest Holdings LP lessened its position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 8.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,500 shares of the aerospace company's stock after selling 3,500 shares during the quarter. Transdigm Group comprises 13.9% of Crow s Nest Holdings LP's holdings, making the stock its 4th biggest position. Crow s Nest Holdings LP owned 0.07% of Transdigm Group worth $56,023,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Bruce G. Allen Investments LLC lifted its holdings in shares of Transdigm Group by 111.1% during the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock valued at $26,000 after purchasing an additional 10 shares during the last quarter. Winch Advisory Services LLC boosted its holdings in Transdigm Group by 53.8% in the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock worth $28,000 after acquiring an additional 7 shares in the last quarter. Saudi Central Bank purchased a new stake in shares of Transdigm Group during the first quarter worth about $30,000. Park Square Financial Group LLC acquired a new position in shares of Transdigm Group during the fourth quarter valued at about $32,000. Finally, Wayfinding Financial LLC purchased a new position in shares of Transdigm Group in the 1st quarter valued at approximately $75,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Transdigm Group

In other news, Director Michael Graff sold 1,760 shares of the stock in a transaction that occurred on 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 transaction, the director owned 1,964 shares in the company, valued at $2,753,724.40. This trade represents a 47.26% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $1,569.86, for a total transaction of $4,295,136.96. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at $33,827,343.28. This represents a 11.27% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 66,932 shares of company stock worth $96,378,273. 4.09% of the stock is currently owned by corporate insiders.

Transdigm Group Price Performance

TDG stock traded up $21.95 during midday trading on Monday, hitting $1,292.99. 630,409 shares of the stock traded hands, compared to its average volume of 297,040. The stock's fifty day simple moving average is $1,479.69 and its 200-day simple moving average is $1,418.14. The firm has a market cap of $72.86 billion, a P/E ratio of 42.91, a PEG ratio of 2.69 and a beta of 1.03. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG - Get Free Report) 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 for the quarter, compared to analysts' expectations of $2.29 billion. During the same period in the previous year, the company 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. On average, research analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Increases Dividend

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

Analyst Ratings Changes

Several analysts have weighed in on the stock. Truist Financial boosted their target price on shares of Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a "buy" rating in a research report on Friday, July 11th. Stifel Nicolaus initiated coverage on Transdigm Group in a research report on Tuesday, June 24th. They issued a "buy" rating and a $1,710.00 target price on the stock. Morgan Stanley lifted 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. KeyCorp cut their price objective on Transdigm Group from $1,700.00 to $1,600.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. 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. Nine analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $1,607.57.

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.