Transdigm Group Incorporated $TDG is Linonia Partnership LP's 9th Largest Position

Key Points

• Linonia Partnership LP has reduced its stake in Transdigm Group by 31.1%, holding approximately 33,159 shares, which now represents about 1.8% of its investment portfolio, making it the 9th largest position.
• Several large investors have significantly increased their holdings in Transdigm Group, with GAMMA Investing LLC raising its position by a staggering 177,412.3% during the first quarter.
• Transdigm Group recently announced a special dividend of $90.00 per share, an increase from the previous special dividend of $75.00, to be paid on September 12th to shareholders of record on September 2nd.

Linonia Partnership LP decreased its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 31.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,159 shares of the aerospace company's stock after selling 15,000 shares during the period. Transdigm Group accounts for about 1.8% of Linonia Partnership LP's investment portfolio, making the stock its 9th biggest position. Linonia Partnership LP owned approximately 0.06% of Transdigm Group worth $45,869,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of TDG. GAMMA Investing LLC boosted its holdings in shares of Transdigm Group by 177,412.3% in the first quarter. GAMMA Investing LLC now owns 1,240,811 shares of the aerospace company's stock valued at $1,716,401,000 after purchasing an additional 1,240,112 shares during the period. Nuveen LLC bought a new stake in Transdigm Group during the 1st quarter valued at $168,048,000. Vanguard Group Inc. boosted its position in Transdigm Group by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company's stock valued at $8,797,619,000 after acquiring an additional 89,121 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Transdigm Group by 24.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 341,771 shares of the aerospace company's stock valued at $433,120,000 after acquiring an additional 67,151 shares in the last quarter. Finally, Deutsche Bank AG boosted its position in Transdigm Group by 51.2% during the 4th quarter. Deutsche Bank AG now owns 193,042 shares of the aerospace company's stock valued at $244,638,000 after acquiring an additional 65,388 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on TDG. Citigroup increased their target price on 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. 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 report on Thursday, August 7th. Wells Fargo & Company increased their target price on Transdigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Wall Street Zen raised Transdigm Group from a "hold" rating to a "buy" rating in a research report on Saturday, May 17th. Finally, Susquehanna increased 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. Nine investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Transdigm Group presently has an average rating of "Moderate Buy" and a consensus target price of $1,624.69.

Insider Transactions at Transdigm Group

In other Transdigm Group news, CFO Sarah Wynne sold 3,200 shares of Transdigm Group stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $1,452.15, for a total transaction of $4,646,880.00. Following the completion of the transaction, the chief financial officer owned 3,400 shares in the company, valued at approximately $4,937,310. This trade represents a 48.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $1,569.86, for a total value of $4,295,136.96. Following the transaction, the director owned 21,548 shares of the company's stock, valued at $33,827,343.28. The trade was a 11.27% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 65,172 shares of company stock worth $93,910,577. Insiders own 4.09% of the company's stock.

Transdigm Group Price Performance

Shares of TDG stock opened at $1,406.9420 on Monday. The firm has a market capitalization of $79.28 billion, a price-to-earnings ratio of 46.70, a price-to-earnings-growth ratio of 2.98 and a beta of 1.07. The business has a fifty day moving average of $1,498.97 and a 200 day moving average of $1,416.50. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year 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 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $9.75 by ($0.15). The firm had revenue of $2.24 billion during the quarter, compared to analysts' expectations of $2.29 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The business's revenue was up 9.3% on a year-over-year basis. During the same quarter last year, the business earned $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, equities 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 will be paid on Friday, September 12th. Investors of record on Tuesday, September 2nd will be paid a $90.00 dividend. This is a positive change from Transdigm Group's previous special dividend of $75.00. The ex-dividend date is 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.

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