RDA Financial Network Purchases New Shares in Transdigm Group Incorporated $TDG

Key Points

• RDA Financial Network acquired 969 shares of Transdigm Group for approximately $1.47 million in the 2nd quarter as reported in a recent SEC filing.
• Insiders, including COO Joel Reiss and Director Michael Graff, have sold a total of 16,232 shares valued at nearly $24 million over the past 90 days, indicating a significant decrease in their holdings.
• Transdigm Group recently declared a special dividend of $90.00 per share, up from the previous special dividend of $75.00, reflecting the company's strong financial position.

RDA Financial Network purchased a new stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 969 shares of the aerospace company's stock, valued at approximately $1,474,000.

Several other institutional investors have also added to or reduced their stakes in TDG. Bruce G. Allen Investments LLC boosted its stake in Transdigm Group by 111.1% in the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock valued at $26,000 after purchasing an additional 10 shares during the period. Winch Advisory Services LLC lifted its position in shares of Transdigm Group by 53.8% during the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock valued at $28,000 after acquiring an additional 7 shares during the period. Saudi Central Bank bought a new stake in shares of Transdigm Group during the 1st quarter valued at $30,000. Park Square Financial Group LLC bought a new stake in shares of Transdigm Group during the 4th quarter valued at $32,000. Finally, Wayfinding Financial LLC bought a new stake in shares of Transdigm Group during the 1st quarter valued at $75,000. 95.78% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Transdigm Group news, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $1,424.27, for a total value of $4,272,810.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company's stock, valued at $5,127,372. This represents a 45.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Michael Graff sold 1,760 shares of the company's stock in a transaction dated 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 completion of the transaction, the director directly owned 1,964 shares of the company's stock, valued at approximately $2,753,724.40. The trade was a 47.26% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,232 shares of company stock valued at $23,998,436 in the last 90 days. Corporate insiders own 4.09% of the company's stock.

Transdigm Group Stock Down 1.6%

Shares of TDG stock opened at $1,272.39 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 market cap of $71.70 billion, a P/E ratio of 42.23, a P/E/G ratio of 2.73 and a beta of 1.03. The business has a fifty day simple moving average of $1,457.03 and a 200 day simple moving average of $1,416.52.

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

Transdigm Group Increases Dividend

The company also recently announced a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were issued a $90.00 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This is a boost from Transdigm Group's previous special dividend of $75.00.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on TDG shares. Wall Street Zen upgraded Transdigm Group from a "hold" rating to a "buy" rating in a research report on Saturday, May 17th. Morgan Stanley upped their target price on Transdigm Group from $1,575.00 to $1,750.00 and gave the company an "overweight" rating in a research report on Thursday, July 17th. UBS Group upped their target price 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. Susquehanna upped their target price on Transdigm Group from $1,300.00 to $1,600.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. Finally, Truist Financial upped their target price on Transdigm Group from $1,553.00 to $1,730.00 and gave the company a "buy" rating in a research report on Friday, July 11th. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $1,607.57.

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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