NEOS Investment Management LLC Has $11.72 Million Holdings in Transdigm Group Incorporated $TDG

NEOS Investment Management LLC raised its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 7.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,802 shares of the aerospace company’s stock after acquiring an additional 597 shares during the quarter. NEOS Investment Management LLC’s holdings in Transdigm Group were worth $11,725,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Elyxium Wealth LLC acquired a new position in shares of Transdigm Group in the fourth quarter worth $25,000. Burkett Financial Services LLC acquired a new stake in Transdigm Group during the second quarter valued at $25,000. MCF Advisors LLC grew its stake in Transdigm Group by 900.0% in the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 18 shares in the last quarter. Transamerica Financial Advisors LLC increased its position in Transdigm Group by 1,900.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 19 shares during the last quarter. Finally, Colonial Trust Co SC increased its position in Transdigm Group by 162.5% in the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 13 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Stock Up 0.4%

Shares of Transdigm Group stock opened at $1,162.19 on Friday. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,463.03. The stock has a 50 day moving average price of $1,242.41 and a two-hundred day moving average price of $1,237.60. The stock has a market capitalization of $65.00 billion, a P/E ratio of 35.26, a PEG ratio of 1.93 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same quarter last year, the firm posted $9.60 earnings per share. The company’s quarterly revenue was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Sell-side analysts anticipate that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Analysts Set New Price Targets

TDG has been the subject of several recent research reports. Jefferies Financial Group boosted their price target on Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. Stifel Nicolaus reaffirmed a “hold” rating and set a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a research report on Wednesday, August 5th. BNP Paribas Exane decreased their target price on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $1,463.71.

Insider Transactions at Transdigm Group

In other news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,459,536. This trade represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director W. Howley sold 10,132 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $26,639,361.44. This represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 38,196 shares of company stock valued at $48,027,598 over the last 90 days. Corporate insiders own 3.20% of the company’s stock.

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.