Amalgamated Bank Acquires 235 Shares of Transdigm Group Incorporated $TDG

Amalgamated Bank increased its holdings in Transdigm Group Incorporated (NYSE:TDG) by 2.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,392 shares of the aerospace company’s stock after buying an additional 235 shares during the period. Amalgamated Bank’s holdings in Transdigm Group were worth $17,323,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Vontobel Holding Ltd. bought a new position in Transdigm Group in the 1st quarter valued at $387,000. Equitable Trust Co. boosted its holdings in Transdigm Group by 8.2% in the 2nd quarter. Equitable Trust Co. now owns 6,371 shares of the aerospace company’s stock valued at $9,688,000 after purchasing an additional 484 shares during the period. BNP Paribas Financial Markets boosted its holdings in Transdigm Group by 5.4% in the 1st quarter. BNP Paribas Financial Markets now owns 104,065 shares of the aerospace company’s stock valued at $143,952,000 after purchasing an additional 5,369 shares during the period. Radnor Capital Management LLC boosted its holdings in Transdigm Group by 57.9% in the 2nd quarter. Radnor Capital Management LLC now owns 1,255 shares of the aerospace company’s stock valued at $1,908,000 after purchasing an additional 460 shares during the period. Finally, Vanguard Personalized Indexing Management LLC boosted its holdings in Transdigm Group by 30.5% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 7,077 shares of the aerospace company’s stock valued at $10,763,000 after purchasing an additional 1,656 shares during the period. 95.78% of the stock is owned by institutional investors.

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 2,736 shares of the business’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $1,298.87, for a total value of $3,553,708.32. Following the transaction, the director owned 21,548 shares in the company, valued at approximately $27,988,050.76. The trade was a 11.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kevin M. Stein sold 700 shares of the business’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $1,360.00, for a total transaction of $952,000.00. Following the completion of the transaction, the director owned 8,158 shares in the company, valued at $11,094,880. The trade was a 7.90% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 22,512 shares of company stock valued at $29,538,093. Company insiders own 4.09% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on TDG shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Transdigm Group in a report on Wednesday, October 8th. Royal Bank Of Canada downgraded shares of Transdigm Group from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $1,550.00 to $1,385.00 in a report on Monday, September 8th. JPMorgan Chase & Co. lifted their price objective on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. UBS Group lifted 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. Finally, Morgan Stanley dropped their price objective on shares of Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating for the company in a report on Wednesday, October 15th. Twelve research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Transdigm Group presently has an average rating of “Moderate Buy” and a consensus price target of $1,564.56.

Transdigm Group Stock Down 0.8%

Transdigm Group stock opened at $1,304.98 on Friday. The company has a market capitalization of $73.54 billion, a PE ratio of 43.31, a P/E/G ratio of 3.25 and a beta of 1.02. The firm has a fifty day simple moving average of $1,310.55 and a two-hundred day simple moving average of $1,406.33. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share for the quarter, missing the consensus estimate of $9.75 by ($0.15). The business 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 business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, equities analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

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

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.