Valmark Advisers Inc. Has $1.95 Million Position in Transdigm Group Incorporated $TDG

Valmark Advisers Inc. increased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 0.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,285 shares of the aerospace company’s stock after buying an additional 10 shares during the quarter. Valmark Advisers Inc.’s holdings in Transdigm Group were worth $1,954,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Vontobel Holding Ltd. acquired a new stake in Transdigm Group in the first quarter valued at about $387,000. Dynamic Advisor Solutions LLC acquired a new stake in Transdigm Group in the first quarter valued at about $1,113,000. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Transdigm Group by 4.6% in the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,653 shares of the aerospace company’s stock valued at $11,970,000 after buying an additional 380 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Transdigm Group by 5.4% in the first quarter. BNP Paribas Financial Markets now owns 104,065 shares of the aerospace company’s stock valued at $143,952,000 after buying an additional 5,369 shares in the last quarter. Finally, Radnor Capital Management LLC boosted its holdings in shares of Transdigm Group by 57.9% during the 2nd quarter. Radnor Capital Management LLC now owns 1,255 shares of the aerospace company’s stock valued at $1,908,000 after acquiring an additional 460 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Ratings Changes

TDG has been the topic of several recent research reports. The Goldman Sachs Group raised 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. BMO Capital Markets initiated coverage on Transdigm Group in a report on Tuesday, September 30th. They set an “outperform” rating and a $1,420.00 price objective on the stock. Royal Bank Of Canada downgraded Transdigm Group from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from $1,550.00 to $1,385.00 in a report on Monday, September 8th. Truist Financial raised 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. Finally, Morgan Stanley raised 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. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,588.50.

Insiders Place Their Bets

In related news, Director W Nicholas Howley sold 2,736 shares of Transdigm Group 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 value of $4,295,136.96. Following the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $33,827,343.28. The trade was a 11.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert J. Small sold 5,000 shares of Transdigm Group 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 transaction of $6,384,900.00. Following the completion of the sale, the director directly owned 83,419 shares in the company, valued at $106,524,394.62. This trade represents a 5.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,232 shares of company stock worth $29,496,571 over the last 90 days. 4.09% of the stock is currently owned by corporate insiders.

Transdigm Group Price Performance

Shares of Transdigm Group stock opened at $1,285.33 on Thursday. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82. The firm has a market capitalization of $72.43 billion, a price-to-earnings ratio of 42.66, a PEG ratio of 2.32 and a beta of 1.02. The business has a 50-day simple moving average of $1,354.46 and a 200 day simple moving average of $1,408.89.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 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 the consensus estimate 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 firm earned $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, sell-side analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current 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 $90.00 dividend. The ex-dividend date was Tuesday, September 2nd. This is a boost from Transdigm Group’s previous special dividend of $75.00.

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.