Interchange Capital Partners LLC Has $422,000 Holdings in Transdigm Group Incorporated $TDG

Interchange Capital Partners LLC grew its stake in Transdigm Group Incorporated (NYSE:TDG) by 5.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 278 shares of the aerospace company’s stock after buying an additional 15 shares during the period. Interchange Capital Partners LLC’s holdings in Transdigm Group were worth $422,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Winch Advisory Services LLC lifted its position in shares of 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 buying an additional 7 shares during the last quarter. Saudi Central Bank acquired a new stake in shares of Transdigm Group in the first quarter worth about $30,000. Ameritas Advisory Services LLC acquired a new stake in shares of Transdigm Group in the second quarter worth about $47,000. Park Square Financial Group LLC lifted its position in shares of 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 buying an additional 9 shares during the last quarter. Finally, Hilltop National Bank bought a new position in shares of Transdigm Group in the second quarter worth about $71,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Stock Up 0.7%

Shares of TDG opened at $1,359.71 on Monday. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82. The firm has a market capitalization of $76.62 billion, a price-to-earnings ratio of 45.13, a P/E/G ratio of 3.34 and a beta of 1.02. The stock’s 50-day moving average price is $1,316.00 and its 200 day moving average price is $1,406.47.

Transdigm Group (NYSE:TDG) last issued its quarterly 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). Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The firm had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the firm earned $9.00 earnings per share. The company’s 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. 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 declared a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were paid a dividend of $90.00 per share. This is a positive change from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date was Tuesday, September 2nd.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TDG. Citigroup lifted their price objective on Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a “buy” rating in a research note on Monday, July 14th. KeyCorp dropped their price objective on Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Jefferies Financial Group dropped their price objective on 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. Truist Financial dropped their price objective on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research note on Wednesday, October 15th. Finally, JPMorgan Chase & Co. lifted their price objective 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. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Transdigm Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,564.56.

Insider Buying and Selling

In other Transdigm Group news, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $1,298.87, for a total transaction of $3,553,708.32. Following the sale, the director directly owned 21,548 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert J. Small sold 5,000 shares of Transdigm Group 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 value of $6,384,900.00. Following the sale, the director directly owned 83,419 shares in the company, valued at $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 sold a total of 21,232 shares of company stock valued at $27,800,332 over the last ninety days. Company insiders own 4.09% of the company’s stock.

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.