Kingswood Wealth Advisors LLC Raises Position in Transdigm Group Incorporated $TDG

Kingswood Wealth Advisors LLC grew its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 15.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 245 shares of the aerospace company’s stock after purchasing an additional 32 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Transdigm Group were worth $373,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Roundview Capital LLC lifted its stake in shares of Transdigm Group by 10.8% during the 2nd quarter. Roundview Capital LLC now owns 1,839 shares of the aerospace company’s stock worth $2,796,000 after purchasing an additional 179 shares during the period. KLP Kapitalforvaltning AS lifted its stake in shares of Transdigm Group by 4.5% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 37,292 shares of the aerospace company’s stock worth $56,708,000 after purchasing an additional 1,600 shares during the period. Avantra Family Wealth Inc. raised its position in shares of Transdigm Group by 15.1% in the 2nd quarter. Avantra Family Wealth Inc. now owns 244 shares of the aerospace company’s stock worth $371,000 after buying an additional 32 shares during the period. Drake & Associates LLC purchased a new position in shares of Transdigm Group in the 2nd quarter worth $592,000. Finally, Chung Wu Investment Group LLC purchased a new position in shares of Transdigm Group in the 2nd quarter worth $76,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Transdigm Group Trading Up 0.1%

Shares of NYSE TDG opened at $1,276.79 on Friday. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82. The company has a market cap of $71.95 billion, a P/E ratio of 42.38, a P/E/G ratio of 2.31 and a beta of 1.02. The stock has a fifty day moving average price of $1,341.66 and a 200 day moving average price of $1,407.35.

Transdigm Group (NYSE:TDG) last announced 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 net margin of 20.98% and a negative return on equity of 35.27%. The company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same quarter in the prior year, the company 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, sell-side analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The firm also recently announced a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were paid 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 was Tuesday, September 2nd.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Morgan Stanley increased their target price on Transdigm Group from $1,575.00 to $1,750.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. 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 research report on Thursday, August 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Transdigm Group in a research report on Wednesday. Truist Financial increased their target price on Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a “buy” rating in a research report on Friday, July 11th. Finally, Jefferies Financial Group cut their target price 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 analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Transdigm Group presently has a consensus rating of “Moderate Buy” and an average target price of $1,579.13.

Insiders Place Their Bets

In other news, 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 transaction of $6,384,900.00. Following the completion of the sale, the director directly owned 83,419 shares in the company, valued at $106,524,394.62. This trade represents a 5.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael Graff sold 1,760 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the sale, the director owned 1,964 shares of the company’s stock, valued at $2,753,724.40. This represents a 47.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,232 shares of company stock valued at $29,496,571 over the last ninety days. Insiders own 4.09% of the company’s stock.

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.