MQS Management LLC Makes New $377,000 Investment in Transdigm Group Incorporated $TDG

MQS Management LLC acquired a new position in Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 248 shares of the aerospace company’s stock, valued at approximately $377,000.

Other hedge funds have also added to or reduced their stakes in the company. Winch Advisory Services LLC raised its position in Transdigm Group by 53.8% in the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 7 shares during the period. Saudi Central Bank bought a new stake in Transdigm Group in the first quarter worth about $30,000. Park Square Financial Group LLC raised its position 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 worth $47,000 after acquiring an additional 9 shares during the period. Ameritas Advisory Services LLC bought a new stake in Transdigm Group in the second quarter worth about $47,000. Finally, Hilltop National Bank bought a new stake in Transdigm Group in the second quarter worth about $71,000. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Price Performance

TDG stock opened at $1,359.71 on Monday. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82. The stock has a market cap of $76.62 billion, a PE ratio of 45.13, a P/E/G ratio of 3.34 and a beta of 1.02. The firm has a 50 day simple moving average of $1,316.00 and a two-hundred day simple moving average of $1,406.47.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 EPS 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 company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same period in the prior year, the firm earned $9.00 EPS. Transdigm Group’s quarterly 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, research analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The firm also recently disclosed a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were paid a $90.00 dividend. This is a positive change from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

Insider Buying and Selling at Transdigm Group

In other Transdigm Group news, Director Robert J. Small sold 5,000 shares of the stock in a transaction 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 completion of the sale, the director 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 sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction on Monday, October 20th. The shares were sold at an average price of $1,279.59, for a total transaction of $3,838,770.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,606,524. The trade was a 45.45% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,232 shares of company stock worth $27,800,332 over the last 90 days. Company insiders own 4.09% of the company’s stock.

Analyst Ratings Changes

TDG has been the topic of several research reports. BMO Capital Markets initiated coverage on shares of Transdigm Group in a research report on Tuesday, September 30th. They issued an “outperform” rating and a $1,420.00 price objective on the stock. UBS Group boosted their price target on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. KeyCorp lowered their price target on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. Jefferies Financial Group lowered their price target on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research report on Wednesday, September 17th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Twelve equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target 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.