Leavell Investment Management Inc. Cuts Stake in Transdigm Group Incorporated $TDG

Leavell Investment Management Inc. lessened its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 8.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 195 shares of the aerospace company’s stock after selling 17 shares during the quarter. Leavell Investment Management Inc.’s holdings in Transdigm Group were worth $297,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TDG. Winch Advisory Services LLC boosted its stake in Transdigm Group by 53.8% in the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock valued at $28,000 after acquiring an additional 7 shares during the period. Saudi Central Bank acquired a new stake in Transdigm Group during the 1st quarter valued at $30,000. Park Square Financial Group LLC raised its stake in Transdigm Group by 36.0% during the 1st 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 during the period. Ameritas Advisory Services LLC acquired a new position in shares of Transdigm Group in the second quarter worth $47,000. Finally, Hilltop National Bank acquired a new position in Transdigm Group during the second quarter worth $71,000. 95.78% of the stock is owned by institutional investors.

Transdigm Group Price Performance

Shares of NYSE:TDG opened at $1,354.42 on Tuesday. The company has a market cap of $76.32 billion, a price-to-earnings ratio of 44.95, a PEG ratio of 3.34 and a beta of 1.02. The firm has a 50 day simple moving average of $1,315.27 and a 200 day simple moving average of $1,406.73. Transdigm Group Incorporated has a one year low of $1,183.60 and a one 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 EPS for the quarter, missing the consensus estimate of $9.75 by ($0.15). The company 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%. Transdigm Group’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the company earned $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

The firm also recently declared 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. The ex-dividend date of this dividend was Tuesday, September 2nd. This is an increase from Transdigm Group’s previous special dividend of $75.00.

Insider Activity

In related news, Director Michael Graff sold 1,760 shares of Transdigm Group stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total transaction of $2,467,696.00. Following the completion of the transaction, the director owned 1,964 shares of the company’s stock, valued at $2,753,724.40. This trade represents a 47.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert J. Small sold 5,000 shares of the firm’s stock in a transaction 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 owned 83,419 shares of the company’s stock, valued at $106,524,394.62. The trade was a 5.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,232 shares of company stock worth $27,800,332 over the last ninety days. Corporate insiders own 4.09% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on TDG. BMO Capital Markets assumed coverage on shares of Transdigm Group in a research report on Tuesday, September 30th. They set an “outperform” rating and a $1,420.00 target price on the stock. UBS Group raised their price objective on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Transdigm Group in a report on Wednesday, October 8th. Susquehanna reduced their price objective on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a research note on Thursday, October 9th. Finally, Morgan Stanley cut their price objective on shares of Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 15th. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,564.56.

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.