Hohimer Wealth Management LLC Takes Position in Transdigm Group Incorporated $TDG

Hohimer Wealth Management LLC purchased a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 422 shares of the aerospace company’s stock, valued at approximately $556,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Cassaday & Co Wealth Management LLC increased its position in shares of Transdigm Group by 4.0% during the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 208 shares of the aerospace company’s stock valued at $316,000 after purchasing an additional 8 shares during the last quarter. Leonard Rickey Investment Advisors P.L.L.C. grew its position in Transdigm Group by 4.4% during the third quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 188 shares of the aerospace company’s stock valued at $248,000 after buying an additional 8 shares during the period. Gateway Investment Advisers LLC increased its holdings in Transdigm Group by 0.7% during the third quarter. Gateway Investment Advisers LLC now owns 1,182 shares of the aerospace company’s stock worth $1,558,000 after buying an additional 8 shares during the last quarter. Tower Wealth Partners Inc. increased its holdings in Transdigm Group by 4.5% during the third quarter. Tower Wealth Partners Inc. now owns 187 shares of the aerospace company’s stock worth $246,000 after buying an additional 8 shares during the last quarter. Finally, Zions Bancorporation National Association UT raised its position in Transdigm Group by 15.5% in the second quarter. Zions Bancorporation National Association UT now owns 67 shares of the aerospace company’s stock worth $102,000 after acquiring an additional 9 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TDG. KeyCorp downgraded shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a research note on Wednesday, February 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. BMO Capital Markets boosted their target price on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. Finally, Royal Bank Of Canada upped their price target on Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,584.44.

Insider Activity

In other news, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $5,147,712. This represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Patrick Joseph Murphy sold 290 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $1,430.10, for a total transaction of $414,729.00. Following the transaction, the chief operating officer directly owned 1,055 shares of the company’s stock, valued at approximately $1,508,755.50. This represents a 21.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 230,017 shares of company stock valued at $314,573,927. 3.20% of the stock is currently owned by insiders.

Transdigm Group Price Performance

Shares of TDG stock opened at $1,304.54 on Friday. The stock has a market capitalization of $73.67 billion, a price-to-earnings ratio of 41.97, a PEG ratio of 2.75 and a beta of 0.92. The company’s fifty day simple moving average is $1,352.79 and its two-hundred day simple moving average is $1,332.03. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, beating the consensus estimate of $7.99 by $0.24. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business earned $7.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Company Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.

TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.