Stratos Wealth Partners LTD. Purchases 135 Shares of Transdigm Group Incorporated $TDG

Stratos Wealth Partners LTD. raised its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 5.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,576 shares of the aerospace company’s stock after acquiring an additional 135 shares during the period. Stratos Wealth Partners LTD.’s holdings in Transdigm Group were worth $3,917,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Winch Advisory Services LLC grew its holdings in shares of Transdigm Group by 53.8% during the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 7 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of Transdigm Group by 2.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 257 shares of the aerospace company’s stock valued at $391,000 after buying an additional 7 shares during the last quarter. Diversified Enterprises LLC increased its holdings in shares of Transdigm Group by 3.8% in the second quarter. Diversified Enterprises LLC now owns 193 shares of the aerospace company’s stock worth $293,000 after buying an additional 7 shares during the period. Balefire LLC lifted its stake in shares of Transdigm Group by 4.9% in the 1st quarter. Balefire LLC now owns 171 shares of the aerospace company’s stock valued at $237,000 after acquiring an additional 8 shares during the last quarter. Finally, New Republic Capital LLC lifted its stake in shares of Transdigm Group by 4.6% in the 1st quarter. New Republic Capital LLC now owns 183 shares of the aerospace company’s stock valued at $253,000 after acquiring an additional 8 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $1,276.07, for a total value of $3,828,210.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,593,852. This represents a 45.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 transaction of $6,384,900.00. Following the transaction, the director directly owned 83,419 shares of the company’s stock, valued at $106,524,394.62. This represents a 5.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,232 shares of company stock valued at $28,755,142 over the last 90 days. 4.09% of the stock is owned by corporate insiders.

Transdigm Group Price Performance

Shares of TDG opened at $1,267.98 on Friday. The company has a 50-day simple moving average of $1,323.87 and a two-hundred day simple moving average of $1,403.42. The firm has a market capitalization of $71.45 billion, a PE ratio of 42.08, a price-to-earnings-growth ratio of 2.90 and a beta of 1.02. 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 announced its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.75 by ($0.15). The firm had revenue of $2.24 billion during 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%.The firm’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the company posted $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. Analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The firm also recently announced a special dividend, which was paid on Friday, September 12th. Stockholders 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.

Analyst Ratings Changes

Several brokerages have weighed in on TDG. The Goldman Sachs Group increased their price target on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the company a “buy” rating in a research report on Monday, June 23rd. Royal Bank Of Canada downgraded shares of Transdigm Group from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $1,550.00 to $1,385.00 in a research note on Monday, September 8th. JPMorgan Chase & Co. raised their target price on Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Citigroup upped their price target on Transdigm Group from $1,635.00 to $1,795.00 and gave the company a “buy” rating in a research report on Monday, July 14th. Finally, BMO Capital Markets began coverage on Transdigm Group in a report on Tuesday, September 30th. They issued an “outperform” rating and a $1,420.00 price objective for the company. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,564.56.

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.