ZEGA Investments LLC Acquires 344 Shares of Transdigm Group Incorporated $TDG

Key Points

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ZEGA Investments LLC lifted its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 45.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,108 shares of the aerospace company's stock after buying an additional 344 shares during the period. ZEGA Investments LLC's holdings in Transdigm Group were worth $1,533,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Winch Advisory Services LLC increased 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 buying an additional 7 shares in the last quarter. Rothschild Investment LLC boosted its stake in Transdigm Group by 13.1% in the 1st quarter. Rothschild Investment LLC now owns 69 shares of the aerospace company's stock worth $95,000 after purchasing an additional 8 shares during the period. Balefire LLC lifted its holdings in shares of Transdigm Group by 4.9% in the first quarter. Balefire LLC now owns 171 shares of the aerospace company's stock valued at $237,000 after purchasing an additional 8 shares in the last quarter. New Republic Capital LLC boosted its position in shares of Transdigm Group by 4.6% during the first quarter. New Republic Capital LLC now owns 183 shares of the aerospace company's stock worth $253,000 after buying an additional 8 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of Transdigm Group by 3.7% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 225 shares of the aerospace company's stock worth $311,000 after buying an additional 8 shares during the period. Institutional investors own 95.78% of the company's stock.

Insider Activity at Transdigm Group

In other news, Director W Nicholas Howley sold 2,736 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $1,569.86, for a total transaction of $4,295,136.96. Following the transaction, the director directly owned 21,548 shares of the company's stock, valued at approximately $33,827,343.28. This trade represents a 11.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sarah Wynne sold 1,800 shares of the firm's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $1,450.00, for a total transaction of $2,610,000.00. Following the transaction, the chief financial officer directly owned 3,400 shares in the company, valued at $4,930,000. This represents a 34.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 65,172 shares of company stock valued at $93,910,577. 4.09% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on TDG shares. Wall Street Zen upgraded Transdigm Group from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Wells Fargo & Company increased their price objective on Transdigm Group from $1,375.00 to $1,540.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Citigroup increased their price objective on Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a "buy" rating in a report on Monday, July 14th. 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. Finally, The Goldman Sachs Group increased their price objective on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. Nine investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $1,624.69.

Transdigm Group Trading Up 1.0%

Shares of TDG traded up $13.8020 during mid-day trading on Friday, reaching $1,406.9420. The company's stock had a trading volume of 251,126 shares, compared to its average volume of 292,039. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The stock has a market cap of $79.28 billion, a P/E ratio of 46.70, a PEG ratio of 2.96 and a beta of 1.07. The business has a 50-day simple moving average of $1,498.97 and a two-hundred day simple moving average of $1,414.83.

Transdigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings data 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 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 business's quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the previous 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 business also recently disclosed a special dividend, which will be paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd will be given a dividend of $90.00 per share. This is a boost from Transdigm Group's previous special dividend of $75.00. The ex-dividend date is 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.