JSF Financial LLC Makes New Investment in Transdigm Group Incorporated $TDG

JSF Financial LLC bought a new position in Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, HoldingsChannel reports. The fund bought 785 shares of the aerospace company’s stock, valued at approximately $1,194,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Simplicity Wealth LLC boosted its position in shares of Transdigm Group by 246.7% in the second quarter. Simplicity Wealth LLC now owns 572 shares of the aerospace company’s stock worth $870,000 after buying an additional 407 shares during the period. Brown Miller Wealth Management LLC lifted its stake in Transdigm Group by 9.5% in the 2nd quarter. Brown Miller Wealth Management LLC now owns 242 shares of the aerospace company’s stock worth $368,000 after acquiring an additional 21 shares in the last quarter. OLD National Bancorp IN lifted its stake in Transdigm Group by 4.6% in the 2nd quarter. OLD National Bancorp IN now owns 455 shares of the aerospace company’s stock worth $692,000 after acquiring an additional 20 shares in the last quarter. QRG Capital Management Inc. increased its holdings in shares of Transdigm Group by 17.2% in the 2nd quarter. QRG Capital Management Inc. now owns 1,099 shares of the aerospace company’s stock valued at $1,671,000 after purchasing an additional 161 shares during the period. Finally, Vaughan Nelson Investment Management L.P. acquired a new position in shares of Transdigm Group in the 2nd quarter valued at about $94,085,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Trading Up 0.5%

Transdigm Group stock opened at $1,290.47 on Friday. The company has a market capitalization 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. The firm’s fifty day simple moving average is $1,373.81 and its 200-day simple moving average is $1,410.62. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 EPS for the quarter, missing the consensus estimate 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%.The company’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the company earned $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, equities research analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Increases Dividend

The business also recently announced 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 an increase from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date was Tuesday, September 2nd.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction that occurred on Monday, September 22nd. The shares were sold at an average price of $1,276.07, for a total value of $3,828,210.00. Following the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,593,852. This trade represents a 45.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Robert J. Small sold 5,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the director owned 83,419 shares in the company, valued at $106,524,394.62. The trade was a 5.65% 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 valued at $29,496,571 in the last quarter. Company insiders own 4.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TDG shares. Susquehanna boosted their price objective on shares of Transdigm Group from $1,300.00 to $1,600.00 and gave the company a “neutral” rating in a research report on Monday, July 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Transdigm Group in a research note on Saturday, September 27th. JPMorgan Chase & Co. lifted their target price on shares of 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. Morgan Stanley lifted their target price on shares of Transdigm Group from $1,575.00 to $1,750.00 and gave the company an “overweight” rating in a research note on Thursday, July 17th. Finally, Citigroup increased their price objective on Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a “buy” rating in a report on Monday, July 14th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,588.50.

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.