248 Shares in Transdigm Group Incorporated $TDG Bought by MQS Management LLC

MQS Management LLC bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 248 shares of the aerospace company’s stock, valued at approximately $377,000.

Other hedge funds have also bought and sold shares of the company. Winch Advisory Services LLC raised its stake in Transdigm Group by 53.8% during the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock worth $28,000 after buying an additional 7 shares during the last quarter. Saudi Central Bank bought a new position in Transdigm Group during the first quarter worth $30,000. Ameritas Advisory Services LLC bought a new stake in Transdigm Group in the second quarter valued at $47,000. Park Square Financial Group LLC increased its stake in Transdigm Group by 36.0% in the first 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 in the last quarter. Finally, Hilltop National Bank bought a new stake in Transdigm Group in the second quarter valued at $71,000. Institutional investors own 95.78% of the company’s stock.

Insider Activity

In related news, Director Robert J. Small sold 5,000 shares of the business’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $1,276.98, for a total transaction of $6,384,900.00. Following the transaction, the director directly owned 83,419 shares in the company, valued at approximately $106,524,394.62. The trade was a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W Nicholas Howley sold 2,736 shares of the business’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $1,298.87, for a total transaction of $3,553,708.32. Following the transaction, the director owned 21,548 shares in the company, valued at approximately $27,988,050.76. This trade represents a 11.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,232 shares of company stock valued at $27,800,332 in the last three months. 4.09% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have weighed in on TDG. BMO Capital Markets began coverage on shares of Transdigm Group in a research note on Tuesday, September 30th. They issued an “outperform” rating and a $1,420.00 price target for the company. Truist Financial decreased their price target on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a research note on Wednesday, October 15th. Citigroup lifted their price target on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the company a “buy” rating in a research note on Monday, July 14th. Jefferies Financial Group decreased their price target on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a research note on Wednesday, September 17th. Finally, Royal Bank Of Canada downgraded shares of Transdigm Group from an “outperform” rating to a “sector perform” rating and decreased their price target for the company from $1,550.00 to $1,385.00 in a research note on Monday, September 8th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,564.56.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,359.71 on Monday. The stock has a market capitalization of $76.62 billion, a P/E ratio of 45.13, a P/E/G ratio of 3.34 and a beta of 1.02. The company has a 50-day moving average price of $1,316.00 and a 200-day moving average price of $1,406.47. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued 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 for 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 quarter 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. As a group, equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The company also recently declared a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were issued 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.

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.