Fielder Capital Group LLC Has $327,000 Holdings in Transdigm Group Incorporated $TDG

Fielder Capital Group LLC trimmed its holdings in Transdigm Group Incorporated (NYSE:TDG) by 3.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 215 shares of the aerospace company’s stock after selling 8 shares during the period. Fielder Capital Group LLC’s holdings in Transdigm Group were worth $327,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vontobel Holding Ltd. acquired a new stake in shares of Transdigm Group in the first quarter valued at approximately $387,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Transdigm Group by 4.6% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,653 shares of the aerospace company’s stock worth $11,970,000 after buying an additional 380 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Transdigm Group by 5.4% during the first quarter. BNP Paribas Financial Markets now owns 104,065 shares of the aerospace company’s stock worth $143,952,000 after buying an additional 5,369 shares during the last quarter. Equitable Trust Co. grew its stake in shares of Transdigm Group by 8.2% during the second quarter. Equitable Trust Co. now owns 6,371 shares of the aerospace company’s stock worth $9,688,000 after buying an additional 484 shares during the last quarter. Finally, Radnor Capital Management LLC grew its stake in shares of Transdigm Group by 57.9% in the second quarter. Radnor Capital Management LLC now owns 1,255 shares of the aerospace company’s stock worth $1,908,000 after purchasing an additional 460 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on TDG shares. Truist Financial reduced their price objective on shares of 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. UBS Group increased their target price on Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. BMO Capital Markets started coverage on Transdigm Group in a research note on Tuesday, September 30th. They set an “outperform” rating and a $1,420.00 price target for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Transdigm Group in a report on Friday. Finally, Jefferies Financial Group cut 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 report on Wednesday, September 17th. Twelve equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,564.56.

Insider Buying and Selling at Transdigm Group

In related news, Director W Nicholas Howley sold 2,736 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $1,298.87, for a total value of $3,553,708.32. Following the completion of the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $27,988,050.76. This trade represents a 11.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael Graff sold 1,760 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $1,402.10, for a total transaction of $2,467,696.00. Following the completion of the transaction, the director directly owned 1,964 shares of the company’s stock, valued at approximately $2,753,724.40. This trade represents a 47.26% 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 in the last quarter. Corporate insiders own 4.09% of the company’s stock.

Transdigm Group Stock Up 0.7%

Shares of TDG stock opened at $1,359.71 on Friday. The company has a 50 day moving average of $1,316.00 and a 200-day moving average of $1,404.63. 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 cap of $76.62 billion, a P/E ratio of 45.13, a PEG ratio of 3.32 and a beta of 1.02.

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 negative return on equity of 35.27% and a net margin of 20.98%.The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.29 billion. During the same quarter in the previous year, the business earned $9.00 EPS. The company’s revenue for the quarter was up 9.3% on a year-over-year basis. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, equities analysts expect that Transdigm Group Incorporated will post 35.13 EPS 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. This is a boost from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

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.