Radnor Capital Management LLC Purchases 460 Shares of Transdigm Group Incorporated $TDG

Key Points

• Radnor Capital Management LLC increased its position in Transdigm Group by 57.9% during the second quarter, owning 1,255 shares worth approximately $1.9 million.
• Transdigm Group recently declared a special dividend of $90.00, increasing from the previous $75.00 dividend.
• Several analysts raised their target prices for Transdigm Group, with Morgan Stanley setting a new target of $1,750.00 and Citigroup increasing theirs to $1,795.00, indicating strong market interest.

Radnor Capital Management LLC lifted its stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 57.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,255 shares of the aerospace company's stock after acquiring an additional 460 shares during the quarter. Radnor Capital Management LLC's holdings in Transdigm Group were worth $1,908,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC boosted its position 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 worth $26,000 after purchasing an additional 10 shares in the last quarter. Winch Advisory Services LLC increased its position 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 valued at $28,000 after buying an additional 7 shares during the period. Saudi Central Bank bought a new position in shares of Transdigm Group in the first quarter worth approximately $30,000. Park Square Financial Group LLC bought a new position in Transdigm Group during the fourth quarter valued at approximately $32,000. Finally, Wayfinding Financial LLC purchased a new stake in shares of Transdigm Group in the first quarter worth $75,000. 95.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TDG has been the subject of a number of research analyst reports. The Goldman Sachs Group lifted their price objective on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Jefferies Financial Group decreased their price target 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. Stifel Nicolaus started coverage on shares of Transdigm Group in a research report on Tuesday, June 24th. They set a "buy" rating and a $1,710.00 target price on the stock. Citigroup lifted their price target on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the company a "buy" rating in a research report on Monday, July 14th. Finally, Morgan Stanley raised their price target on Transdigm Group from $1,575.00 to $1,750.00 and gave the company an "overweight" rating in a report on Thursday, July 17th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Transdigm Group has an average rating of "Moderate Buy" and an average price target of $1,599.73.

Insider Buying and Selling at Transdigm Group

In other news, Director W Nicholas Howley sold 2,736 shares of the company's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $1,282.47, for a total value of $3,508,837.92. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at approximately $27,634,663.56. This represents a 11.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, 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 transaction of $2,467,696.00. Following the sale, 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 position. The disclosure for this sale can be found here. Insiders sold 18,232 shares of company stock valued at $25,668,361 in the last 90 days. Corporate insiders own 4.09% of the company's stock.

Transdigm Group Trading Down 0.4%

Shares of TDG traded down $4.68 during trading hours on Friday, reaching $1,281.44. 520,191 shares of the stock traded hands, compared to its average volume of 354,813. The company's 50-day moving average price is $1,432.10 and its two-hundred day moving average price is $1,413.77. The company has a market cap of $72.21 billion, a P/E ratio of 42.53, a price-to-earnings-growth ratio of 2.71 and a beta of 1.03. Transdigm Group Incorporated has a 52-week low of $1,183.60 and a 52-week high of $1,623.82.

Transdigm Group (NYSE:TDG - Get Free Report) last issued its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 EPS for the quarter, missing analysts' consensus estimates of $9.75 by ($0.15). The company had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.29 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.Transdigm Group's revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $9.00 earnings per share. 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 EPS for the current year.

Transdigm Group Increases Dividend

The business also recently declared a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were paid a $90.00 dividend. This is a positive change from Transdigm Group's previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.