Transdigm Group Incorporated $TDG Shares Acquired by Callan Family Office LLC

Key Points

• Callan Family Office LLC increased its holdings in Transdigm Group by 126.4%, resulting in ownership of 1,302 shares valued at approximately $1,980,000 as of the latest SEC filing.
• Transdigm recently reported quarterly earnings of $9.60 EPS, falling short of the expected $9.75, while revenue reached $2.24 billion.
• The company declared a special dividend of $90.00 per share, up from a previous special dividend of $75.00, emphasizing a strong financial position.

Callan Family Office LLC lifted its holdings in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 126.4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,302 shares of the aerospace company's stock after acquiring an additional 727 shares during the period. Callan Family Office LLC's holdings in Transdigm Group were worth $1,980,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Winch Advisory Services LLC boosted its position in shares of Transdigm Group by 53.8% in the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock valued at $28,000 after purchasing an additional 7 shares during the period. Saudi Central Bank acquired a new stake in shares of Transdigm Group in the 1st quarter valued at about $30,000. Ameritas Advisory Services LLC acquired a new stake in shares of Transdigm Group in the 2nd quarter valued at about $47,000. Park Square Financial Group LLC boosted its position in shares of Transdigm Group by 36.0% in the 1st quarter. Park Square Financial Group LLC now owns 34 shares of the aerospace company's stock valued at $47,000 after purchasing an additional 9 shares during the period. Finally, Hilltop National Bank acquired a new stake in shares of Transdigm Group in the 2nd quarter valued at about $71,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Transdigm Group Price Performance

TDG opened at $1,276.79 on Friday. The business has a 50 day simple moving average of $1,341.66 and a 200-day simple moving average of $1,407.43. The stock has a market capitalization of $71.95 billion, a P/E ratio of 42.38, a P/E/G ratio of 2.31 and a beta of 1.02. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 EPS for the quarter, missing the consensus estimate of $9.75 by ($0.15). The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.29 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The firm's quarterly revenue 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 anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

The firm also recently declared a special dividend, which was paid on Friday, September 12th. Stockholders 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 an increase from Transdigm Group's previous special dividend of $75.00.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on TDG shares. Weiss Ratings reissued a "buy (b)" rating on shares of Transdigm Group in a research report on Wednesday. JPMorgan Chase & Co. increased their price objective on Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a "neutral" rating in a research report on Thursday, August 7th. Truist Financial increased their price objective on Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a "buy" rating in a research report on Friday, July 11th. Stifel Nicolaus assumed coverage on Transdigm Group in a research report on Tuesday, June 24th. They set a "buy" rating and a $1,710.00 price objective for the company. Finally, The Goldman Sachs Group increased their price objective on Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a "buy" rating in a research report on Monday, June 23rd. Twelve research 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, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,579.13.

Insider Transactions at Transdigm Group

In related news, Director Robert J. Small sold 5,000 shares of the firm's stock in a transaction that occurred 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 transaction, the director directly owned 83,419 shares of the company's stock, valued at $106,524,394.62. This trade represents a 5.65% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael Graff sold 1,760 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were 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 $2,753,724.40. The trade was a 47.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 21,232 shares of company stock valued at $29,496,571. Company insiders own 4.09% of the company's stock.

Transdigm Group 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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