Prime Capital Investment Advisors LLC Decreases Stock Holdings in Transdigm Group Incorporated $TDG

Prime Capital Investment Advisors LLC cut its holdings in Transdigm Group Incorporated (NYSE:TDG) by 15.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,633 shares of the aerospace company’s stock after selling 685 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Transdigm Group were worth $5,524,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of TDG. Bruce G. Allen Investments LLC raised its position in shares of Transdigm Group by 111.1% during the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company’s stock valued at $26,000 after buying an additional 10 shares in the last quarter. Winch Advisory Services LLC increased its stake in 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 during the last quarter. Saudi Central Bank purchased a new stake in Transdigm Group during the first quarter valued at approximately $30,000. Ameritas Advisory Services LLC bought a new stake in shares of Transdigm Group in the 2nd quarter valued at approximately $47,000. Finally, Park Square Financial Group LLC boosted its holdings in shares of Transdigm Group by 36.0% in the 1st quarter. Park Square Financial Group LLC now owns 34 shares of the aerospace company’s stock worth $47,000 after purchasing an additional 9 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on TDG shares. Stifel Nicolaus assumed coverage on Transdigm Group in a report on Tuesday, June 24th. They set a “buy” rating and a $1,710.00 price target on the stock. The Goldman Sachs Group increased their target price on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the company a “buy” rating in a research note on Monday, June 23rd. Jefferies Financial Group dropped their price target on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a research note on Wednesday, September 17th. BMO Capital Markets started coverage on shares of Transdigm Group in a report on Tuesday, September 30th. They set an “outperform” rating and a $1,420.00 price target on the stock. Finally, Citigroup raised their price objective on shares of 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. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,588.50.

Transdigm Group Price Performance

Transdigm Group stock opened at $1,293.23 on Tuesday. The stock has a market cap of $72.87 billion, a price-to-earnings ratio of 42.92, a price-to-earnings-growth ratio of 2.33 and a beta of 1.02. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The firm has a 50-day moving average of $1,367.57 and a two-hundred day moving average of $1,410.62.

Transdigm Group (NYSE:TDG) last issued its 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). The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations 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 was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. Research analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Increases Dividend

The company also recently announced a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were issued 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.

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director Michael Graff sold 1,760 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total transaction of $2,467,696.00. Following the transaction, the director directly owned 1,964 shares in the company, valued at $2,753,724.40. This represents a 47.26% 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 firm’s stock in a transaction dated 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 transaction, the director directly owned 83,419 shares in the company, valued at $106,524,394.62. This trade represents a 5.65% 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 $29,496,571 over the last quarter. 4.09% of the stock is owned by corporate insiders.

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.