Valmark Advisers Inc. Purchases 10 Shares of Transdigm Group Incorporated $TDG

Valmark Advisers Inc. increased its stake in Transdigm Group Incorporated (NYSE:TDG) by 0.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,285 shares of the aerospace company’s stock after acquiring an additional 10 shares during the period. Valmark Advisers Inc.’s holdings in Transdigm Group were worth $1,954,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TDG. UMB Bank n.a. increased its stake in Transdigm Group by 12.2% in the first quarter. UMB Bank n.a. now owns 330 shares of the aerospace company’s stock valued at $456,000 after acquiring an additional 36 shares during the last quarter. Farther Finance Advisors LLC increased its stake in Transdigm Group by 34.2% in the first quarter. Farther Finance Advisors LLC now owns 357 shares of the aerospace company’s stock valued at $499,000 after acquiring an additional 91 shares during the last quarter. GAMMA Investing LLC increased its stake in Transdigm Group by 28.3% in the first quarter. GAMMA Investing LLC now owns 897 shares of the aerospace company’s stock valued at $1,241,000 after acquiring an additional 198 shares during the last quarter. Simplicity Wealth LLC bought a new position in Transdigm Group in the first quarter valued at $228,000. Finally, Assenagon Asset Management S.A. increased its stake in Transdigm Group by 2.7% in the first quarter. Assenagon Asset Management S.A. now owns 1,035 shares of the aerospace company’s stock valued at $1,432,000 after acquiring an additional 27 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Performance

Shares of NYSE TDG opened at $1,285.33 on Thursday. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The company has a 50 day simple moving average of $1,354.46 and a two-hundred day simple moving average of $1,408.89. The company has a market capitalization of $72.43 billion, a price-to-earnings ratio of 42.66, a P/E/G ratio of 2.32 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data 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). Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the previous year, the firm earned $9.00 earnings per share. Transdigm Group’s revenue was up 9.3% on a year-over-year basis. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

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

Insider Activity at Transdigm Group

In other Transdigm Group news, Director Michael Graff sold 1,760 shares of Transdigm Group stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the completion of the sale, the director owned 1,964 shares of the company’s stock, valued at approximately $2,753,724.40. The trade was a 47.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $1,282.47, for a total transaction of $3,508,837.92. Following the completion of the sale, the director directly owned 21,548 shares of the company’s stock, valued at approximately $27,634,663.56. This trade represents a 11.27% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 21,232 shares of company stock worth $29,496,571. Company insiders own 4.09% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. UBS Group increased their target price on Transdigm Group from $1,815.00 to $1,839.00 and gave the company a “buy” rating in a research note 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. KeyCorp cut their price target on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research report on Friday, August 8th. Morgan Stanley upped 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. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Transdigm Group in a research report on Wednesday. Twelve equities research 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 company presently has an average rating of “Moderate Buy” and an average price target of $1,588.50.

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.