NatWest Group plc Sells 31 Shares of Transdigm Group Incorporated $TDG

NatWest Group plc reduced its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 16.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 160 shares of the aerospace company’s stock after selling 31 shares during the period. NatWest Group plc’s holdings in Transdigm Group were worth $243,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. increased its holdings in Transdigm Group by 56.9% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 196,866 shares of the aerospace company’s stock worth $299,362,000 after buying an additional 71,399 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in Transdigm Group by 0.4% during the second quarter. Asset Management One Co. Ltd. now owns 30,978 shares of the aerospace company’s stock worth $47,106,000 after buying an additional 114 shares during the last quarter. FSM Wealth Advisors LLC increased its holdings in Transdigm Group by 3.8% during the second quarter. FSM Wealth Advisors LLC now owns 191 shares of the aerospace company’s stock worth $292,000 after buying an additional 7 shares during the last quarter. Paragon Advisors LLC increased its holdings in Transdigm Group by 9.4% during the second quarter. Paragon Advisors LLC now owns 1,969 shares of the aerospace company’s stock worth $2,994,000 after buying an additional 169 shares during the last quarter. Finally, Ethic Inc. increased its holdings in Transdigm Group by 3.4% during the second quarter. Ethic Inc. now owns 4,930 shares of the aerospace company’s stock worth $7,391,000 after buying an additional 161 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Transdigm Group Stock Performance

Shares of TDG opened at $1,359.71 on Friday. The firm has a market cap of $76.62 billion, a price-to-earnings ratio of 45.13, a PEG ratio of 3.32 and a beta of 1.02. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The firm has a 50 day moving average price of $1,316.00 and a 200-day moving average price of $1,404.63.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data 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 company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same period in the previous year, the firm posted $9.00 earnings per share. The firm’s revenue for the quarter 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. As a group, equities research analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Increases Dividend

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

Insider Activity

In related news, Director Michael Graff sold 1,760 shares of Transdigm Group stock in a transaction dated 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 directly owned 1,964 shares in the company, valued at $2,753,724.40. The trade was a 47.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $1,279.59, for a total transaction of $3,838,770.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,606,524. This represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,232 shares of company stock worth $27,800,332 in the last quarter. 4.09% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

TDG has been the subject of a number of research analyst reports. Jefferies Financial Group decreased their price objective on shares of 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. Citigroup lifted their target price 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. Weiss Ratings reiterated a “buy (b)” rating on shares of Transdigm Group in a research note on Friday. BMO Capital Markets started coverage on shares of Transdigm Group in a research note on Tuesday, September 30th. They set an “outperform” rating and a $1,420.00 price objective for the company. Finally, UBS Group boosted their price objective on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Transdigm Group has an average rating of “Moderate Buy” and an average price target of $1,564.56.

About Transdigm Group

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.