Cura Wealth Advisors LLC Acquires New Shares in Transdigm Group Incorporated $TDG

Key Points

• Cura Wealth Advisors LLC acquired a new stake in Transdigm Group, purchasing 243 shares valued at approximately $336,000 in the 1st quarter.
• Transdigm Group announced a special dividend of $90.00 per share, an increase from the previous special dividend of $75.00, with a payment date set for September 12th.
• Analysts have given Transdigm Group a consensus rating of "Moderate Buy" with an average target price of $1,624.69, amidst various rating revisions from significant firms like KeyCorp and Wells Fargo.

Cura Wealth Advisors LLC acquired a new stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 243 shares of the aerospace company's stock, valued at approximately $336,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Vontobel Holding Ltd. acquired a new stake in shares of Transdigm Group in the 1st quarter valued at $387,000. Dynamic Advisor Solutions LLC acquired a new stake in shares of Transdigm Group in the 1st quarter valued at $1,113,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Transdigm Group by 4.6% in the 1st 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 purchasing an additional 380 shares during the last quarter. Mutual Advisors LLC acquired a new stake in shares of Transdigm Group in the 1st quarter valued at $263,000. Finally, Paragon Advisors LLC lifted its stake in shares of Transdigm Group by 14.2% in the 1st quarter. Paragon Advisors LLC now owns 1,800 shares of the aerospace company's stock valued at $2,490,000 after purchasing an additional 224 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. KeyCorp reduced their price objective on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an "overweight" rating for the company in a research note on Friday, August 8th. Wall Street Zen raised shares of Transdigm Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. JPMorgan Chase & Co. boosted their target price on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a "neutral" rating in a research report on Thursday, August 7th. Wells Fargo & Company boosted their target price on shares of Transdigm Group from $1,375.00 to $1,540.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Finally, Susquehanna boosted their target price on shares of Transdigm Group from $1,300.00 to $1,600.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $1,624.69.

Transdigm Group Price Performance

Transdigm Group stock opened at $1,400.77 on Friday. The firm has a market cap of $78.93 billion, a price-to-earnings ratio of 46.49, a P/E/G ratio of 2.96 and a beta of 1.07. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The firm has a fifty day moving average price of $1,496.57 and a two-hundred day moving average price of $1,417.91.

Transdigm Group (NYSE:TDG - Get Free Report) last released its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share for the quarter, missing analysts' consensus estimates of $9.75 by ($0.15). The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.29 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The firm's revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, sell-side analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Increases Dividend

The business 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 dividend of $90.00 per share. This is an increase from Transdigm Group's previous special dividend of $75.00. The ex-dividend date of this dividend is Tuesday, September 2nd.

Insider Buying and Selling at Transdigm Group

In other news, Director Michael Graff sold 1,760 shares of the company's stock in a transaction dated 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 represents a 47.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $1,424.27, for a total transaction of $4,272,810.00. Following the transaction, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $5,127,372. This represents a 45.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 66,932 shares of company stock valued at $96,378,273 in the last three months. Company insiders own 4.09% of the company's stock.

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.

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