Avantra Family Wealth Inc. Has $371,000 Holdings in Transdigm Group Incorporated $TDG

Avantra Family Wealth Inc. grew its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 15.1% during the second quarter, HoldingsChannel.com reports. The firm owned 244 shares of the aerospace company’s stock after acquiring an additional 32 shares during the quarter. Avantra Family Wealth Inc.’s holdings in Transdigm Group were worth $371,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TDG. Bruce G. Allen Investments LLC grew 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 worth $26,000 after purchasing an additional 10 shares in the last quarter. Winch Advisory Services LLC boosted its position in shares of Transdigm Group by 53.8% during the 1st 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 acquired a new stake in shares of Transdigm Group during the 1st quarter worth approximately $30,000. Park Square Financial Group LLC boosted its position in shares of Transdigm Group by 36.0% during the 1st quarter. Park Square Financial Group LLC now owns 34 shares of the aerospace company’s stock worth $47,000 after acquiring an additional 9 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new stake in shares of Transdigm Group during the 2nd quarter worth approximately $47,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on TDG shares. KeyCorp reduced their price target on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. JPMorgan Chase & Co. increased their price target on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Truist Financial increased their price target on shares of Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a “buy” rating in a research report on Friday, July 11th. The Goldman Sachs Group increased their price target on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a “buy” rating in a research report on Monday, June 23rd. Finally, Royal Bank Of Canada lowered shares of Transdigm Group from an “outperform” rating to a “sector perform” rating and reduced their price target for the stock from $1,550.00 to $1,385.00 in a research report on Monday, September 8th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,588.50.

Transdigm Group Price Performance

Shares of NYSE:TDG opened at $1,293.23 on Tuesday. The company has a market cap of $72.87 billion, a price-to-earnings ratio of 42.92, a PEG ratio of 2.33 and a beta of 1.02. The firm has a 50 day simple moving average of $1,367.57 and a 200 day simple moving average of $1,410.62. 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 issued its quarterly 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 business had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.29 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.Transdigm Group’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same quarter last year, the firm posted $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

The firm also recently declared 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 was Tuesday, September 2nd.

Insider Buying and Selling at Transdigm Group

In other news, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $1,569.86, for a total transaction of $4,295,136.96. Following the transaction, the director owned 21,548 shares in the company, valued at approximately $33,827,343.28. The trade was a 11.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction on Monday, September 22nd. The stock was 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 approximately $4,593,852. This trade represents a 45.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,232 shares of company stock worth $29,496,571 in the last three months. 4.09% of the stock is currently 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.