Occidental Asset Management LLC Has $257,000 Stake in Transdigm Group Incorporated $TDG

Occidental Asset Management LLC reduced its holdings in Transdigm Group Incorporated (NYSE:TDG) by 10.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 169 shares of the aerospace company’s stock after selling 20 shares during the period. Occidental Asset Management LLC’s holdings in Transdigm Group were worth $257,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Waverly Advisors LLC acquired a new stake in shares of Transdigm Group in the fourth quarter valued at about $247,000. Toronto Dominion Bank increased its position in shares of Transdigm Group by 20.5% during the 4th quarter. Toronto Dominion Bank now owns 27,327 shares of the aerospace company’s stock worth $34,630,000 after purchasing an additional 4,651 shares during the last quarter. Mackenzie Financial Corp raised its stake in shares of Transdigm Group by 170.9% during the 4th quarter. Mackenzie Financial Corp now owns 12,927 shares of the aerospace company’s stock worth $16,382,000 after purchasing an additional 8,156 shares in the last quarter. Ascent Group LLC raised its stake in shares of Transdigm Group by 4.6% during the 4th quarter. Ascent Group LLC now owns 1,087 shares of the aerospace company’s stock worth $1,378,000 after purchasing an additional 48 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Transdigm Group in the fourth quarter valued at $31,753,000. 95.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TDG. Morgan Stanley upped their price target on shares of Transdigm Group from $1,575.00 to $1,750.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Citigroup raised their target price on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the company a “buy” rating in a research note on Monday, July 14th. Jefferies Financial Group reduced their price target on Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a report on Wednesday, September 17th. Royal Bank Of Canada lowered Transdigm Group from an “outperform” rating to a “sector perform” rating and dropped their price objective for the company from $1,550.00 to $1,385.00 in a research note on Monday, September 8th. Finally, Susquehanna lifted their target price on Transdigm Group from $1,300.00 to $1,600.00 and gave the stock a “neutral” rating in a research note on Monday, July 14th. Ten equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Transdigm Group currently has an average rating of “Moderate Buy” and an average target price of $1,599.73.

Insider Buying and Selling at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction on Monday, September 15th. The stock was sold at an average price of $1,282.47, for a total value of $3,508,837.92. Following the completion of the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $27,634,663.56. The trade was a 11.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert J. Small sold 5,000 shares of the company’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $1,276.98, for a total value of $6,384,900.00. Following the sale, the director owned 83,419 shares of the company’s stock, valued at approximately $106,524,394.62. The trade was a 5.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 18,232 shares of company stock valued at $25,668,361 in the last three months. Corporate insiders own 4.09% of the company’s stock.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,298.50 on Wednesday. The firm has a market cap of $73.17 billion, a price-to-earnings ratio of 43.10, a P/E/G ratio of 2.74 and a beta of 1.03. The stock’s fifty day moving average price is $1,420.96 and its two-hundred day moving average price is $1,413.14. 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 analysts’ consensus estimates of $9.75 by ($0.15). Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same period in the previous year, the firm posted $9.00 EPS. The company’s revenue was up 9.3% compared to the same quarter last year. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, equities analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share 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 of this dividend was Tuesday, September 2nd.

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.