Transdigm Group Incorporated $TDG Stake Lifted by Toth Financial Advisory Corp

Key Points

• Toth Financial Advisory Corp increased its holdings in Transdigm Group by 107.1%, purchasing an additional 375 shares, bringing their total to 725 shares valued at approximately $1.1 million.
• Transdigm's COO and a director sold significant amounts of stock, with the COO selling 3,000 shares for over $4.2 million, resulting in a notable reduction in their ownership.
• Analysts have upgraded their price targets for Transdigm Group, with Citigroup increasing its target from $1,635 to $1,795, reflecting a positive outlook on the stock.

Toth Financial Advisory Corp increased its stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 107.1% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 725 shares of the aerospace company's stock after acquiring an additional 375 shares during the quarter. Toth Financial Advisory Corp's holdings in Transdigm Group were worth $1,102,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bruce G. Allen Investments LLC raised 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 valued at $26,000 after acquiring an additional 10 shares in the last quarter. Winch Advisory Services LLC boosted its stake 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 worth $28,000 after acquiring an additional 7 shares during the period. Saudi Central Bank bought a new position in Transdigm Group in the first quarter valued at about $30,000. Park Square Financial Group LLC bought a new position in shares of Transdigm Group in the fourth quarter valued at approximately $32,000. Finally, Wayfinding Financial LLC purchased a new position in shares of Transdigm Group in the first quarter valued at $75,000. Institutional investors and hedge funds own 95.78% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have commented on TDG shares. JPMorgan Chase & Co. increased their target price on 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. UBS Group increased 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 report on Thursday, August 7th. Jefferies Financial Group dropped their price objective 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. Citigroup upped their price target on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Finally, Susquehanna raised their target price on shares of Transdigm Group from $1,300.00 to $1,600.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $1,599.73.

Transdigm Group Trading Up 1.0%

TDG stock traded up $12.85 during trading on Monday, hitting $1,295.31. The company had a trading volume of 253,357 shares, compared to its average volume of 368,267. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82. The business has a 50-day moving average of $1,426.52 and a 200-day moving average of $1,413.94. The stock has a market cap of $72.99 billion, a PE ratio of 42.99, a PEG ratio of 2.71 and a beta of 1.03.

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 the consensus estimate of $9.75 by ($0.15). The business had revenue of $2.24 billion for the quarter, compared to analysts' expectations of $2.29 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The company's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the prior year, the business earned $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. Research analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

The firm also recently disclosed 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.

Insider Buying and Selling

In other news, Director W Nicholas Howley sold 2,736 shares of the stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $1,282.47, for a total value of $3,508,837.92. Following the sale, the director directly owned 21,548 shares in the company, valued at approximately $27,634,663.56. This represents a 11.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert J. Small sold 5,000 shares of the firm's stock in a transaction on Friday, September 12th. The stock was sold at an average price of $1,276.98, for a total value of $6,384,900.00. Following the completion of the sale, the director directly owned 83,419 shares of the company's stock, valued at $106,524,394.62. The trade was a 5.65% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 18,232 shares of company stock valued at $25,668,361. 4.09% of the stock is currently owned by company 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.