Transdigm Group Incorporated $TDG is Cypress Funds LLC's 9th Largest Position

Key Points

• Cypress Funds LLC increased its stake in Transdigm Group by 19.9%, making it the firm's 9th largest position, now holding about 4.1% of its investment portfolio.
• Transdigm Group reported a missed earnings estimate for Q2, with an EPS of $9.60 compared to the consensus estimate of $9.75, despite a 9.3% year-over-year revenue increase.
• The company announced a special dividend of $90.00, an increase from its previous dividend of $75.00, reflecting a positive change in its shareholder returns.

Cypress Funds LLC boosted its stake in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 19.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,344 shares of the aerospace company's stock after buying an additional 5,545 shares during the period. Transdigm Group accounts for about 4.1% of Cypress Funds LLC's investment portfolio, making the stock its 9th biggest holding. Cypress Funds LLC owned approximately 0.06% of Transdigm Group worth $50,704,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Bruce G. Allen Investments LLC lifted its holdings in Transdigm Group by 111.1% during the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock worth $26,000 after buying an additional 10 shares during the period. Winch Advisory Services LLC lifted its holdings in 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 buying an additional 7 shares during the period. Saudi Central Bank purchased a new stake in Transdigm Group during the first quarter worth $30,000. Park Square Financial Group LLC purchased a new stake in Transdigm Group during the fourth quarter worth $32,000. Finally, Wayfinding Financial LLC purchased a new stake in Transdigm Group during the first quarter worth $75,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently commented on TDG. Truist Financial increased their price objective on Transdigm Group from $1,553.00 to $1,730.00 and gave the company a "buy" rating in a report on Friday, July 11th. Jefferies Financial Group decreased their price objective on Transdigm Group from $1,650.00 to $1,490.00 and set a "buy" rating for the company in a report on Wednesday, September 17th. Stifel Nicolaus began coverage on Transdigm Group in a report on Tuesday, June 24th. They set a "buy" rating and a $1,710.00 price objective for the company. Morgan Stanley increased their price objective 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. Finally, The Goldman Sachs Group increased their price objective on Transdigm Group from $1,526.00 to $1,709.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Transdigm Group has a consensus rating of "Moderate Buy" and a consensus price target of $1,599.73.

Transdigm Group Price Performance

NYSE TDG opened at $1,301.11 on Thursday. The stock's fifty day moving average price is $1,415.49 and its 200 day moving average price is $1,412.37. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The company has a market cap of $73.32 billion, a price-to-earnings ratio of 43.18, a PEG ratio of 2.75 and a beta of 1.03.

Transdigm Group (NYSE:TDG - Get Free Report) last released 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). Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The firm 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. Transdigm Group's revenue was up 9.3% on a year-over-year basis. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. Research analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Increases Dividend

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

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director Michael Graff sold 1,760 shares of the stock in a transaction dated 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 directly owned 1,964 shares of the company's stock, valued at approximately $2,753,724.40. This trade represents a 47.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated 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 sale, the chief operating officer directly owned 3,600 shares in the company, valued at $4,593,852. This represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,232 shares of company stock valued at $29,496,571 in the last quarter. Insiders own 4.09% of the company's stock.

About Transdigm Group

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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