Nisa Investment Advisors LLC Has $35.05 Million Holdings in Transdigm Group Incorporated $TDG

Nisa Investment Advisors LLC raised its stake in Transdigm Group Incorporated (NYSE:TDG) by 31.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 23,051 shares of the aerospace company’s stock after buying an additional 5,502 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Transdigm Group were worth $35,052,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in shares of Transdigm Group by 28.3% in the 1st quarter. GAMMA Investing LLC now owns 897 shares of the aerospace company’s stock worth $1,241,000 after buying an additional 198 shares during the last quarter. Moran Wealth Management LLC bought a new stake in Transdigm Group during the first quarter worth about $221,000. Bessemer Group Inc. increased its position in shares of Transdigm Group by 24.4% during the 1st quarter. Bessemer Group Inc. now owns 2,658 shares of the aerospace company’s stock valued at $3,676,000 after purchasing an additional 521 shares during the last quarter. Golden State Wealth Management LLC lifted its position in Transdigm Group by 133.3% in the 1st quarter. Golden State Wealth Management LLC now owns 133 shares of the aerospace company’s stock worth $186,000 after buying an additional 76 shares during the last quarter. Finally, PDS Planning Inc lifted its holdings in shares of Transdigm Group by 11.0% in the 1st quarter. PDS Planning Inc now owns 192 shares of the aerospace company’s stock worth $266,000 after acquiring an additional 19 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TDG has been the topic of several recent research reports. Morgan Stanley reduced their price target on Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 15th. BMO Capital Markets initiated coverage on shares of Transdigm Group in a research report on Tuesday, September 30th. They issued an “outperform” rating and a $1,420.00 target price for the company. Truist Financial reduced their price target on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research report on Wednesday, October 15th. KeyCorp reduced their target price on Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. Finally, UBS Group increased their price objective on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a “buy” rating in a research note on Thursday, August 7th. Twelve investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,564.56.

Transdigm Group Stock Up 0.7%

NYSE TDG opened at $1,359.71 on Friday. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The company has a market capitalization of $76.62 billion, a P/E ratio of 45.13, a price-to-earnings-growth ratio of 3.34 and a beta of 1.02. The stock’s 50-day moving average price is $1,316.00 and its 200-day moving average price is $1,405.85.

Transdigm Group (NYSE:TDG) last released its 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 firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same period in the prior year, the company posted $9.00 earnings per share. The company’s 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. Research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

The business also recently announced a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were given a dividend of $90.00 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This is an increase from Transdigm Group’s previous special dividend of $75.00.

Insiders Place Their Bets

In other Transdigm Group 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 sale, the director directly owned 21,548 shares in the company, valued at $27,988,050.76. This trade represents a 11.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert J. Small sold 5,000 shares of the firm’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $1,276.98, for a total value of $6,384,900.00. Following the completion of the sale, the director directly owned 83,419 shares of the company’s stock, valued at approximately $106,524,394.62. This represents a 5.65% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,232 shares of company stock worth $27,800,332 over the last three months. 4.09% of the stock is currently owned by corporate insiders.

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.