One Wealth Capital Management LLC acquired a new position in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 560 shares of the aerospace company’s stock, valued at approximately $606,000.
A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Burkett Financial Services LLC acquired a new stake in Transdigm Group in the second quarter valued at $25,000. Meeder Asset Management Inc. purchased a new stake in Transdigm Group during the 2nd quarter worth about $31,000. Trust Co. of Vermont acquired a new position in shares of Transdigm Group during the 2nd quarter worth about $33,000. Western Wealth Management LLC acquired a new position in shares of Transdigm Group during the 1st quarter worth about $30,000. Finally, Financial Life Planners acquired a new position in shares of Transdigm Group during the 1st quarter worth about $34,000. Institutional investors and hedge funds own 95.78% of the company’s stock.
Transdigm Group Trading Down 3.2%
Shares of NYSE TDG opened at $1,105.65 on Friday. Transdigm Group Incorporated has a twelve month low of $1,071.25 and a twelve month high of $1,463.03. The stock has a 50 day moving average of $1,135.66 and a two-hundred day moving average of $1,205.87. The stock has a market cap of $61.84 billion, a P/E ratio of 33.55, a P/E/G ratio of 1.58 and a beta of 0.96.
Transdigm Group (NYSE:TDG – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, beating the consensus estimate of $10.30 by $0.57. The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%. The company’s revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the company earned $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, research analysts predict that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.
Insider Buying and Selling at Transdigm Group
In other Transdigm Group news, Director W. Howley sold 10,132 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $26,639,361.44. This trade represents a 31.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Joel Reiss sold 4,100 shares of Transdigm Group stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,060,944. This represents a 53.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 22,032 shares of company stock valued at $26,250,979. 3.20% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. Melius Research reissued a “hold” rating and set a $1,331.00 target price on shares of Transdigm Group in a research report on Monday, September 14th. Royal Bank Of Canada decreased their target price on Transdigm Group from $1,350.00 to $1,200.00 and set a “sector perform” rating for the company in a research note on Thursday, October 15th. Morgan Stanley lowered their price target on Transdigm Group from $1,400.00 to $1,300.00 and set an “equal weight” rating for the company in a report on Monday, October 19th. UBS Group increased their price target on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen cut shares of Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Five equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $1,428.40.
View Our Latest Report on Transdigm Group
Transdigm Group Profile
TransDigm Group Incorporated (NYSE: TDG) is a global aerospace manufacturing company that designs, produces and supplies aircraft components, systems and related products. Its portfolio includes mechanical and electrical systems, cockpit and cabin products, airframe components, power and control systems, engine components, and other specialized equipment used in commercial, business and general aviation, and military aircraft.
The company serves aircraft manufacturers, airlines, aircraft operators, maintenance providers and defense customers.
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