Transdigm Group Incorporated $TDG Position Cut by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC decreased its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 2.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,588 shares of the aerospace company’s stock after selling 97 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Transdigm Group were worth $6,976,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. CWM LLC increased its stake in shares of Transdigm Group by 12.1% in the first quarter. CWM LLC now owns 984 shares of the aerospace company’s stock valued at $1,361,000 after purchasing an additional 106 shares during the period. Larson Financial Group LLC increased its position in Transdigm Group by 204.9% in the 1st quarter. Larson Financial Group LLC now owns 125 shares of the aerospace company’s stock valued at $173,000 after acquiring an additional 84 shares during the period. Private Advisor Group LLC increased its position in Transdigm Group by 11.1% in the 1st quarter. Private Advisor Group LLC now owns 2,251 shares of the aerospace company’s stock valued at $3,114,000 after acquiring an additional 225 shares during the period. IFP Advisors Inc boosted its position in Transdigm Group by 13.4% during the 1st quarter. IFP Advisors Inc now owns 271 shares of the aerospace company’s stock worth $374,000 after acquiring an additional 32 shares during the period. Finally, J.W. Cole Advisors Inc. bought a new position in shares of Transdigm Group in the first quarter worth $1,140,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Stock Up 1.1%

Shares of Transdigm Group stock opened at $1,339.26 on Monday. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The stock has a market cap of $75.43 billion, a PE ratio of 44.45, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02. The business has a fifty day simple moving average of $1,297.21 and a 200-day simple moving average of $1,402.49.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, beating the consensus estimate of $10.33 by $0.49. The firm had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.Transdigm Group’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm earned $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The business also recently disclosed a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were given a dividend of $90.00 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This is a boost from Transdigm Group’s previous special dividend of $75.00.

Insider Transactions at Transdigm Group

In other news, Director Kevin M. Stein sold 700 shares of the company’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $1,360.00, for a total value of $952,000.00. Following the transaction, the director directly owned 8,158 shares of the company’s stock, valued at approximately $11,094,880. This represents a 7.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael Graff sold 1,760 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the sale, the director owned 1,964 shares of the company’s stock, valued at approximately $2,753,724.40. This represents a 47.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 22,802 shares of company stock worth $29,917,993. 4.09% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

TDG has been the topic of a number of recent analyst reports. KeyCorp cut their price objective on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Royal Bank Of Canada raised their target price on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a research note on Thursday. 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 note on Thursday, October 9th. Jefferies Financial Group lowered their price objective on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research note on Wednesday, September 17th. Finally, JPMorgan Chase & Co. boosted their target price on Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a report on Friday. Twelve investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Transdigm Group has an average rating of “Moderate Buy” and an average price target of $1,563.88.

Transdigm Group Company 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.