JSF Financial LLC Takes $1.19 Million Position in Transdigm Group Incorporated $TDG

Key Points

• JSF Financial LLC made a new investment in Transdigm Group worth approximately $1.19 million, acquiring 785 shares in the second quarter.
• Transdigm Group reported Q2 earnings of $9.60 per share, which missed the consensus estimate of $9.75, while revenue for the quarter was $2.24 billion.
• The company recently announced a special dividend increase to $90.00, up from the previous $75.00, which reflects strong financial health amidst insider selling of shares.

JSF Financial LLC acquired a new stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 785 shares of the aerospace company's stock, valued at approximately $1,194,000.

Other hedge funds have also recently bought and sold shares of the company. NBC Securities Inc. acquired a new stake in shares of Transdigm Group in the first quarter valued at approximately $124,000. Merit Financial Group LLC grew its holdings in Transdigm Group by 39.5% in the 1st quarter. Merit Financial Group LLC now owns 813 shares of the aerospace company's stock worth $1,124,000 after buying an additional 230 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in Transdigm Group by 15.7% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 833 shares of the aerospace company's stock worth $1,152,000 after buying an additional 113 shares in the last quarter. Procyon Advisors LLC grew its holdings in Transdigm Group by 4.5% in the 1st quarter. Procyon Advisors LLC now owns 2,181 shares of the aerospace company's stock worth $3,017,000 after buying an additional 93 shares in the last quarter. Finally, Tower Wealth Partners Inc. acquired a new position in Transdigm Group during the 1st quarter worth $237,000. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Trading Up 0.5%

NYSE:TDG opened at $1,290.47 on Friday. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The company has a 50-day moving average of $1,373.81 and a 200-day moving average of $1,410.62. The firm has a market cap of $72.72 billion, a price-to-earnings ratio of 42.83, a price-to-earnings-growth ratio of 2.33 and a beta of 1.02.

Transdigm Group (NYSE:TDG - Get Free Report) last released its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 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 analyst estimates of $2.29 billion. During the same period in the prior year, the company earned $9.00 earnings per share. The firm'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, research analysts forecast 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. Investors of record on Tuesday, September 2nd were issued a $90.00 dividend. The ex-dividend date was 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, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction on 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 transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,593,852. The trade was a 45.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael Graff sold 1,760 shares of the stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the completion of the transaction, the director owned 1,964 shares of the company's stock, valued at $2,753,724.40. This trade represents a 47.26% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,232 shares of company stock valued at $29,496,571. Insiders own 4.09% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. 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. UBS Group lifted their price objective on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the company a "buy" rating in a research note on Thursday, August 7th. JPMorgan Chase & Co. raised their target price on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the company a "neutral" rating in a research note on Thursday, August 7th. Jefferies Financial Group lowered their target price on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a "buy" rating on the stock in a research note on Wednesday, September 17th. Finally, Truist Financial increased their price objective on shares of Transdigm Group from $1,553.00 to $1,730.00 and gave the company a "buy" rating in a report on Friday, July 11th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $1,588.50.

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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