NewEdge Wealth LLC Acquires 570 Shares of Transdigm Group Incorporated $TDG

NewEdge Wealth LLC lifted its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 86.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,230 shares of the aerospace company’s stock after buying an additional 570 shares during the quarter. NewEdge Wealth LLC’s holdings in Transdigm Group were worth $1,636,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Principal Financial Group Inc. lifted its holdings in shares of Transdigm Group by 18.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after acquiring an additional 367,756 shares during the last quarter. Vulcan Value Partners LLC increased its stake in Transdigm Group by 7.8% in the third quarter. Vulcan Value Partners LLC now owns 249,643 shares of the aerospace company’s stock valued at $328,977,000 after acquiring an additional 18,048 shares during the last quarter. Envestnet Asset Management Inc. raised its position in Transdigm Group by 2.4% during the third quarter. Envestnet Asset Management Inc. now owns 73,818 shares of the aerospace company’s stock valued at $97,293,000 after purchasing an additional 1,706 shares in the last quarter. Thornburg Investment Management Inc. bought a new stake in Transdigm Group during the third quarter worth about $62,785,000. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of Transdigm Group in the 3rd quarter worth about $1,795,000. 95.78% of the stock is owned by institutional investors.

Insider Activity at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $1,265.06, for a total transaction of $12,817,587.92. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $27,259,512.88. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $1,280.46, for a total value of $4,993,794.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,609,656. The trade was a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 38,232 shares of company stock valued at $48,248,925. Company insiders own 3.20% of the company’s stock.

Transdigm Group Trading Up 0.8%

TDG stock opened at $1,201.25 on Thursday. The firm’s 50-day moving average price is $1,209.40 and its two-hundred day moving average price is $1,292.36. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,623.82. The stock has a market capitalization of $67.19 billion, a price-to-earnings ratio of 37.49, a PEG ratio of 2.30 and a beta of 0.90.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. During the same period in the prior year, the business posted $9.11 earnings per share. Transdigm Group’s revenue for the quarter was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Equities analysts predict that Transdigm Group Incorporated will post 37.82 EPS for the current year.

Analyst Ratings Changes

A number of brokerages recently weighed in on TDG. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. BNP Paribas Exane reduced their price target on shares of Transdigm Group from $1,900.00 to $1,700.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 7th. Royal Bank Of Canada decreased their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Wells Fargo & Company initiated coverage on shares of Transdigm Group in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price objective for the company. Finally, TD Cowen reduced their target price on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,521.24.

Transdigm Group 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.