GC Wealth Management RIA LLC Invests $830,000 in Transdigm Group Incorporated $TDG

Key Points

• GC Wealth Management RIA LLC invested approximately $830,000 in Transdigm Group by purchasing 546 shares during the second quarter.
• Recent research reports indicate a range of price target adjustments for Transdigm Group, with UBS Group increasing its target to $1,839.00 and others adjusting it down, reflecting a divided analyst sentiment.
• The company recently announced a special dividend of $90.00 per share, which marks an increase from the previous special dividend of $75.00.

GC Wealth Management RIA LLC purchased a new position in Transdigm Group Incorporated (NYSE:TDG - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 546 shares of the aerospace company's stock, valued at approximately $830,000.

Other large investors have also added to or reduced their stakes in the company. Bruce G. Allen Investments LLC boosted its stake in Transdigm Group by 111.1% in the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock valued at $26,000 after acquiring an additional 10 shares during the last quarter. Winch Advisory Services LLC raised its holdings in shares of Transdigm Group by 53.8% in the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock worth $28,000 after purchasing an additional 7 shares during the period. Saudi Central Bank purchased a new position in Transdigm Group in the first quarter valued at approximately $30,000. Park Square Financial Group LLC grew its holdings in Transdigm Group by 36.0% during the first quarter. Park Square Financial Group LLC now owns 34 shares of the aerospace company's stock valued at $47,000 after purchasing an additional 9 shares during the period. Finally, Wayfinding Financial LLC bought a new position in Transdigm Group during the first quarter valued at $75,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

Wall Street Analyst Weigh In

TDG has been the topic of a number of recent research reports. UBS Group upped their price target on Transdigm Group from $1,815.00 to $1,839.00 and gave the company a "buy" rating in a research report on Thursday, August 7th. KeyCorp lowered their price objective 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. Truist Financial increased 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. Jefferies Financial Group reduced their target price on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a "buy" rating for the company in a research note on Wednesday, September 17th. Finally, The Goldman Sachs Group upped their price target 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. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $1,599.73.

Insider Activity at Transdigm Group

In related news, Director Michael Graff sold 1,760 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the transaction, the director owned 1,964 shares of the company's stock, valued at $2,753,724.40. This represents a 47.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $1,276.07, for a total value of $3,828,210.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company's stock, valued at approximately $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 ninety days, insiders have sold 21,232 shares of company stock valued at $29,496,571. Company insiders own 4.09% of the company's stock.

Transdigm Group Stock Performance

Transdigm Group stock opened at $1,288.52 on Tuesday. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The stock has a market cap of $72.61 billion, a P/E ratio of 42.77, a PEG ratio of 2.74 and a beta of 1.03. The firm's fifty day moving average price is $1,397.49 and its 200-day moving average price is $1,412.66.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data 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 net margin of 20.98% and a negative return on equity of 35.27%. The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the prior year, the business posted $9.00 EPS. Transdigm Group's quarterly revenue was up 9.3% on a year-over-year basis. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. Sell-side analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current 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 dividend of $90.00 per share. The ex-dividend date was Tuesday, September 2nd. This is a boost from Transdigm Group's previous special dividend of $75.00.

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.

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