Transdigm Group Incorporated $TDG is Ampfield Management L.P.’s Largest Position

Ampfield Management L.P. lowered its holdings in Transdigm Group Incorporated (NYSE:TDG) by 1.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 33,305 shares of the aerospace company’s stock after selling 660 shares during the quarter. Transdigm Group makes up about 37.8% of Ampfield Management L.P.’s investment portfolio, making the stock its largest holding. Ampfield Management L.P.’s holdings in Transdigm Group were worth $50,645,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bruce G. Allen Investments LLC lifted its holdings in 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 period. Winch Advisory Services LLC lifted its holdings in Transdigm Group by 53.8% in the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock worth $28,000 after buying an additional 7 shares during the period. Saudi Central Bank purchased a new stake in Transdigm Group in the 1st quarter worth approximately $30,000. Ameritas Advisory Services LLC purchased a new stake in Transdigm Group in the 2nd quarter worth approximately $47,000. Finally, Park Square Financial Group LLC lifted its holdings in Transdigm Group by 36.0% in the 1st quarter. Park Square Financial Group LLC now owns 34 shares of the aerospace company’s stock worth $47,000 after buying an additional 9 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on TDG shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Transdigm Group in a report on Saturday, September 27th. Jefferies Financial Group dropped 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. Royal Bank Of Canada cut Transdigm Group from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $1,550.00 to $1,385.00 in a report on Monday, September 8th. Truist Financial raised their target price on Transdigm Group from $1,553.00 to $1,730.00 and gave the company a “buy” rating in a research note on Friday, July 11th. Finally, The Goldman Sachs Group raised their target price on Transdigm Group from $1,526.00 to $1,709.00 and gave the company a “buy” rating in a research note on Monday, June 23rd. Twelve research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,588.50.

Insider Buying and Selling

In related news, 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 owned 1,964 shares of the company’s stock, valued at $2,753,724.40. This trade represents a 47.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert J. Small sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $1,276.98, for a total value of $6,384,900.00. Following the transaction, the director directly owned 83,419 shares of the company’s stock, valued at approximately $106,524,394.62. This trade represents a 5.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,232 shares of company stock worth $29,496,571 in the last 90 days. Corporate insiders own 4.09% of the company’s stock.

Transdigm Group Stock Up 0.5%

TDG stock opened at $1,290.47 on Friday. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The firm has a market cap of $72.72 billion, a PE ratio of 42.83, a price-to-earnings-growth ratio of 2.32 and a beta of 1.02. The business has a 50 day moving average of $1,373.81 and a 200 day moving average of $1,410.35.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share for the quarter, missing analysts’ consensus estimates of $9.75 by ($0.15). Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same period last year, the business earned $9.00 EPS. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, research analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The business also recently disclosed a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were given 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 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.