Valeo Financial Advisors LLC Reduces Stock Holdings in Transdigm Group Incorporated $TDG

Valeo Financial Advisors LLC trimmed its position in Transdigm Group Incorporated (NYSE:TDG) by 8.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 276 shares of the aerospace company’s stock after selling 24 shares during the period. Valeo Financial Advisors LLC’s holdings in Transdigm Group were worth $419,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in Transdigm Group by 1.4% in the first quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company’s stock worth $8,797,619,000 after purchasing an additional 89,121 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Transdigm Group by 4.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 364,956 shares of the aerospace company’s stock valued at $504,840,000 after buying an additional 14,703 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Transdigm Group by 3.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 354,613 shares of the aerospace company’s stock valued at $490,533,000 after acquiring an additional 12,842 shares during the period. Goldman Sachs Group Inc. grew its stake in shares of Transdigm Group by 32.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 273,924 shares of the aerospace company’s stock valued at $378,917,000 after acquiring an additional 67,547 shares during the period. Finally, Vulcan Value Partners LLC grew its stake in shares of Transdigm Group by 5.6% during the 1st quarter. Vulcan Value Partners LLC now owns 249,026 shares of the aerospace company’s stock valued at $344,543,000 after acquiring an additional 13,286 shares during the period. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Trading Down 0.8%

NYSE TDG opened at $1,275.20 on Friday. The stock’s 50 day moving average is $1,347.78 and its 200 day moving average is $1,408.15. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The stock has a market cap of $71.86 billion, a PE ratio of 42.32, a P/E/G ratio of 2.33 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 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 business 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 firm posted $9.00 earnings per share. The firm’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. On average, analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

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

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $1,282.47, for a total value of $3,508,837.92. Following the sale, the director owned 21,548 shares of the company’s stock, valued at $27,634,663.56. The trade was a 11.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $1,276.07, for a total value of $3,828,210.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,593,852. The trade was a 45.45% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,232 shares of company stock worth $29,496,571. 4.09% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. BMO Capital Markets assumed coverage on Transdigm Group in a research note on Tuesday, September 30th. They set an “outperform” rating and a $1,420.00 price objective for the company. KeyCorp cut their price objective on Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Royal Bank Of Canada downgraded Transdigm Group from an “outperform” rating to a “sector perform” rating and cut their price objective for the company from $1,550.00 to $1,385.00 in a research note on Monday, September 8th. UBS Group boosted their price objective on Transdigm Group from $1,815.00 to $1,839.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. Finally, Stifel Nicolaus assumed coverage on Transdigm Group in a research note on Tuesday, June 24th. They set a “buy” rating and a $1,710.00 price objective for the company. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,579.13.

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.