Burling Wealth Partners LLC Sells 171 Shares of Transdigm Group Incorporated $TDG

Burling Wealth Partners LLC reduced its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 28.1% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 437 shares of the aerospace company’s stock after selling 171 shares during the quarter. Burling Wealth Partners LLC’s holdings in Transdigm Group were worth $665,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of TDG. Winch Advisory Services LLC lifted its position in shares of Transdigm Group by 53.8% during 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 in the last quarter. Saudi Central Bank bought a new stake in shares of Transdigm Group during the 1st quarter valued at $30,000. Bank of Jackson Hole Trust lifted its holdings in Transdigm Group by 84.6% during the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 11 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in Transdigm Group by 1,250.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares during the period. Finally, Ameritas Advisory Services LLC purchased a new position in Transdigm Group during the 2nd quarter valued at about $47,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Transdigm Group Price Performance

Shares of NYSE:TDG opened at $1,324.29 on Friday. The company’s fifty day moving average price is $1,295.86 and its 200-day moving average price is $1,402.99. The firm has a market capitalization of $74.62 billion, a price-to-earnings ratio of 43.95, a PEG ratio of 3.25 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 Wednesday, November 12th. The aerospace company reported $10.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.33 by $0.49. The company had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the business earned $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, equities research analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

The company also recently disclosed a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were given 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.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TDG. Weiss Ratings reissued a “buy (b)” rating on shares of Transdigm Group in a report on Wednesday, October 8th. Jefferies Financial Group lowered their target price 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. JPMorgan Chase & Co. raised 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 report on Thursday, August 7th. BMO Capital Markets boosted their price target on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, UBS Group increased their price objective on Transdigm Group from $1,738.00 to $1,798.00 and gave the stock a “buy” rating in a research report on Thursday. Twelve research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,564.19.

Insider Activity at Transdigm Group

In related news, Director Michael Graff sold 1,760 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director owned 1,964 shares in the company, valued at $2,753,724.40. The trade was a 47.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $1,276.07, for a total transaction of $3,828,210.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,593,852. The trade was a 45.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 22,802 shares of company stock worth $29,917,993 in the last quarter. 4.09% of the stock is owned by company insiders.

Transdigm Group 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.