Commerzbank Aktiengesellschaft FI Has $1.29 Million Stock Holdings in Transdigm Group Incorporated $TDG

Commerzbank Aktiengesellschaft FI grew its position in Transdigm Group Incorporated (NYSE:TDG) by 2.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 845 shares of the aerospace company’s stock after purchasing an additional 18 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Transdigm Group were worth $1,285,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Moseley Investment Management Inc. raised its holdings in shares of Transdigm Group by 5.8% in the second quarter. Moseley Investment Management Inc. now owns 290 shares of the aerospace company’s stock valued at $441,000 after purchasing an additional 16 shares during the last quarter. Callan Family Office LLC raised its holdings in shares of Transdigm Group by 126.4% in the second quarter. Callan Family Office LLC now owns 1,302 shares of the aerospace company’s stock valued at $1,980,000 after purchasing an additional 727 shares during the last quarter. Mainstay Capital Management LLC ADV raised its holdings in shares of Transdigm Group by 103.6% in the second quarter. Mainstay Capital Management LLC ADV now owns 4,372 shares of the aerospace company’s stock valued at $6,648,000 after purchasing an additional 2,225 shares during the last quarter. Leo Wealth LLC purchased a new stake in shares of Transdigm Group in the second quarter valued at about $262,000. Finally, Maryland State Retirement & Pension System raised its holdings in shares of Transdigm Group by 5.6% in the second quarter. Maryland State Retirement & Pension System now owns 2,687 shares of the aerospace company’s stock valued at $4,086,000 after purchasing an additional 142 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Up 0.1%

Shares of NYSE:TDG opened at $1,276.79 on Friday. The firm has a market capitalization of $71.95 billion, a PE ratio of 42.38, a P/E/G ratio of 2.31 and a beta of 1.02. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The company has a 50-day moving average price of $1,341.66 and a two-hundred day moving average price of $1,407.35.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share for the quarter, missing analysts’ consensus estimates of $9.75 by ($0.15). The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.29 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.Transdigm Group’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. Analysts anticipate 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. Shareholders of record on Tuesday, September 2nd were 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 was Tuesday, September 2nd.

Insider Buying and Selling at Transdigm Group

In other news, Director Robert J. Small sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were 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 in the company, valued at approximately $106,524,394.62. This trade represents a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $1,276.07, for a total transaction of $3,828,210.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,593,852. This trade represents a 45.45% decrease in their ownership of the stock. 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 ninety days. Company insiders own 4.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. JPMorgan Chase & Co. increased their target price on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Stifel Nicolaus initiated coverage on shares of Transdigm Group in a research report on Tuesday, June 24th. They set a “buy” rating and a $1,710.00 price target for the company. Morgan Stanley increased their price target on shares of Transdigm Group from $1,575.00 to $1,750.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Weiss Ratings restated a “buy (b)” rating on shares of Transdigm Group in a research report on Wednesday. Finally, Susquehanna reduced their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research report on Thursday. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,579.13.

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.