Transdigm Group Incorporated $TDG Stake Lifted by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. has increased its holdings in Transdigm Group by 166.2%, acquiring 384 additional shares and valuing its holdings at approximately $851,000.
• Insider transactions revealed that Director Robert J. Small sold 45,700 shares for a total of $65.1 million, reducing his position by 34.07%.
• Transdigm Group recently announced a special dividend of $90.00 per share, marking an increase from the previous special dividend of $75.00.

Graham Capital Management L.P. grew its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 166.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 615 shares of the aerospace company's stock after acquiring an additional 384 shares during the quarter. Graham Capital Management L.P.'s holdings in Transdigm Group were worth $851,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bruce G. Allen Investments LLC boosted its holdings in shares of 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 period. Winch Advisory Services LLC lifted its holdings in shares of Transdigm Group by 53.8% during the first 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 acquired a new stake in shares of Transdigm Group during the first quarter worth $30,000. Park Square Financial Group LLC acquired a new stake in shares of Transdigm Group during the fourth quarter worth $32,000. Finally, Wayfinding Financial LLC acquired a new stake in shares of Transdigm Group during the first quarter worth $75,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently commented on TDG shares. UBS Group lifted their price objective on Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a "buy" rating in a research report on Thursday, August 7th. Citigroup lifted their price target on Transdigm Group from $1,635.00 to $1,795.00 and gave the company a "buy" rating in a report on Monday, July 14th. Susquehanna lifted their price target on Transdigm Group from $1,300.00 to $1,600.00 and gave the company a "neutral" rating in a report on Monday, July 14th. JPMorgan Chase & Co. boosted their target price on Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a "neutral" rating in a report on Thursday, August 7th. Finally, Stifel Nicolaus began coverage on Transdigm Group in a report on Tuesday, June 24th. They set a "buy" rating and a $1,710.00 target price for the company. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $1,607.57.

Transdigm Group Price Performance

Transdigm Group stock traded up $21.95 during midday trading on Monday, hitting $1,292.99. 630,409 shares of the company were exchanged, compared to its average volume of 297,064. The company's fifty day moving average price is $1,475.10 and its 200-day moving average price is $1,418.15. The company has a market cap of $72.86 billion, a PE ratio of 42.91, a price-to-earnings-growth ratio of 2.69 and a beta of 1.03. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82.

Transdigm Group (NYSE:TDG - Get Free Report) last announced its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share (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 business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the previous year, the company earned $9.00 earnings per share. The business's revenue for the quarter was up 9.3% on a year-over-year basis. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The company also recently declared a special dividend, which will be paid on Friday, September 12th. Investors of record on Tuesday, September 2nd will be given a dividend of $90.00 per share. The ex-dividend date of this dividend is Tuesday, September 2nd. This is an increase from Transdigm Group's previous special dividend of $75.00.

Insider Buying and Selling at Transdigm Group

In related news, Director Robert J. Small sold 45,700 shares of the company's stock in a transaction that occurred on Tuesday, June 10th. The stock was sold at an average price of $1,425.01, for a total transaction of $65,122,957.00. Following the sale, the director directly owned 88,419 shares of the company's stock, valued at approximately $125,997,959.19. This represents a 34.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $1,406.07, for a total value of $4,218,210.00. Following the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $5,061,852. This represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 66,932 shares of company stock worth $96,378,273. 4.09% of the stock is owned by 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.