Transdigm Group Incorporated $TDG Shares Purchased by Aubrey Capital Management Ltd

Key Points

• Aubrey Capital Management Ltd increased its stake in Transdigm Group by 66.7% in Q2, owning a total of 2,500 shares worth about $3.8 million. This investment positions Transdigm as the firm's 25th largest holding.
• Insiders at Transdigm have recently made significant stock sales, with COO Joel Reiss selling 3,000 shares for over $4.2 million, reflecting a 45.45% decrease in his ownership.
• Analysts have varied outlooks for Transdigm Group, with price target adjustments ranging from $1,385 to $1,839, indicating a consensus rating of "Moderate Buy" among twelve analysts.

Aubrey Capital Management Ltd boosted its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 66.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,500 shares of the aerospace company's stock after purchasing an additional 1,000 shares during the quarter. Transdigm Group comprises about 1.4% of Aubrey Capital Management Ltd's holdings, making the stock its 25th largest position. Aubrey Capital Management Ltd's holdings in Transdigm Group were worth $3,802,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Winch Advisory Services LLC raised its stake in 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 last quarter. Saudi Central Bank purchased a new stake in Transdigm Group in the 1st quarter valued at about $30,000. Park Square Financial Group LLC grew its holdings in 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 buying an additional 9 shares during the period. Ameritas Advisory Services LLC purchased a new stake in Transdigm Group in the 2nd quarter valued at about $47,000. Finally, Hilltop National Bank purchased a new stake in Transdigm Group in the 2nd quarter valued at about $71,000. Institutional investors and hedge funds own 95.78% of the company's stock.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $1,406.07, for a total transaction of $4,218,210.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $5,061,852. This represents a 45.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Michael Graff sold 1,760 shares of the firm's stock in a transaction on 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 transaction, the director owned 1,964 shares in the company, valued at $2,753,724.40. This trade represents a 47.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,232 shares of company stock valued at $28,755,142. Corporate insiders own 4.09% of the company's stock.

Analysts Set New Price Targets

Several analysts have commented on the company. Morgan Stanley lowered their price target on Transdigm Group from $1,750.00 to $1,600.00 and set an "overweight" rating for the company in a report on Wednesday. BMO Capital Markets assumed coverage on Transdigm Group in a report on Tuesday, September 30th. They issued an "outperform" rating and a $1,420.00 price target for the company. Royal Bank Of Canada cut Transdigm Group from an "outperform" rating to a "sector perform" rating and lowered their price target for the company from $1,550.00 to $1,385.00 in a report on Monday, September 8th. Susquehanna lowered their price target on Transdigm Group from $1,500.00 to $1,450.00 and set a "neutral" rating for the company in a report on Thursday, October 9th. Finally, UBS Group boosted their target price on Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a "buy" rating in a report on Thursday, August 7th. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Transdigm Group has a consensus rating of "Moderate Buy" and a consensus price target of $1,564.56.

Transdigm Group Trading Up 0.9%

Transdigm Group stock opened at $1,249.01 on Friday. The stock has a market cap of $70.38 billion, a P/E ratio of 41.45, a price-to-earnings-growth ratio of 2.81 and a beta of 1.02. The stock has a 50 day moving average of $1,326.37 and a 200-day moving average of $1,404.28. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82.

Transdigm Group (NYSE:TDG - Get Free Report) last released its 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 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 business's quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the company posted $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, equities analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The firm also recently announced a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $90.00 per share. This is an increase from Transdigm Group's previous special dividend of $75.00. The ex-dividend date was Tuesday, September 2nd.

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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