Clarius Group LLC Sells 19 Shares of Transdigm Group Incorporated $TDG

Clarius Group LLC reduced its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 6.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 297 shares of the aerospace company’s stock after selling 19 shares during the quarter. Clarius Group LLC’s holdings in Transdigm Group were worth $452,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TDG. Bruce G. Allen Investments LLC boosted its holdings in shares of Transdigm Group by 111.1% in the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company’s stock worth $26,000 after buying an additional 10 shares during the last quarter. Winch Advisory Services LLC boosted its stake in Transdigm Group by 53.8% in the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock valued at $28,000 after acquiring an additional 7 shares during the last quarter. Saudi Central Bank bought a new position in shares of Transdigm Group during the 1st quarter valued at approximately $30,000. Park Square Financial Group LLC increased its stake 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 purchasing an additional 9 shares during the last quarter. Finally, Ameritas Advisory Services LLC bought a new stake in shares of Transdigm Group in the 2nd quarter worth approximately $47,000. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Up 0.5%

Shares of NYSE TDG opened at $1,290.47 on Monday. The company has a market cap of $72.72 billion, a P/E ratio of 42.83, a P/E/G ratio of 2.33 and a beta of 1.02. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The business has a 50-day simple moving average of $1,373.81 and a two-hundred day simple moving average of $1,410.98.

Transdigm Group (NYSE:TDG) last announced its quarterly 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 negative return on equity of 35.27% and a net margin of 20.98%.The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same period in the previous year, the company posted $9.00 earnings per share. The company’s quarterly 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. Equities research analysts anticipate 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. Shareholders 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.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. The Goldman Sachs Group raised their target price on 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. Jefferies Financial Group decreased their price objective 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. JPMorgan Chase & Co. boosted their price objective on Transdigm Group from $1,480.00 to $1,500.00 and gave the company a “neutral” rating in a research note on Thursday, August 7th. Truist Financial increased their target price 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. Finally, Morgan Stanley boosted their price target on shares of Transdigm Group from $1,575.00 to $1,750.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,588.50.

Insider Activity

In other news, Director Michael Graff sold 1,760 shares of the company’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the transaction, the director owned 1,964 shares of the company’s stock, valued at approximately $2,753,724.40. This represents a 47.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, 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 value of $4,295,136.96. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at $33,827,343.28. This represents a 11.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,232 shares of company stock valued at $29,496,571 over the last 90 days. Company insiders own 4.09% of the company’s stock.

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.