Cat Rock Capital Management LP Purchases 17,255 Shares of Transdigm Group Incorporated $TDG

Cat Rock Capital Management LP lifted its position in Transdigm Group Incorporated (NYSE:TDG) by 37.4% in the second quarter, HoldingsChannel reports. The firm owned 63,339 shares of the aerospace company’s stock after buying an additional 17,255 shares during the period. Transdigm Group makes up about 19.6% of Cat Rock Capital Management LP’s portfolio, making the stock its biggest holding. Cat Rock Capital Management LP’s holdings in Transdigm Group were worth $84,370,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Empowered Funds LLC increased its holdings in shares of Transdigm Group by 5.0% during the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after buying an additional 65 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in Transdigm Group by 92.3% in the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock valued at $376,000 after acquiring an additional 131 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Transdigm Group by 152.9% in the second quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock valued at $3,138,000 after acquiring an additional 1,248 shares during the last quarter. Sei Investments Co. grew its position in Transdigm Group by 25.4% in the second quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock worth $50,227,000 after acquiring an additional 6,697 shares during the period. Finally, Treasurer of the State of North Carolina increased its stake in Transdigm Group by 3.6% during the second quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock worth $39,264,000 after acquiring an additional 902 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Transdigm Group Price Performance

Shares of Transdigm Group stock opened at $1,172.23 on Tuesday. The stock has a market capitalization of $65.56 billion, a price-to-earnings ratio of 35.57, a price-to-earnings-growth ratio of 1.98 and a beta of 0.91. The business has a 50-day moving average of $1,255.52 and a 200 day moving average of $1,241.27. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,463.03.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping 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 period in the prior year, the firm earned $9.60 earnings per share. The business’s revenue for the quarter 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. Equities research analysts anticipate that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have commented on TDG. Morgan Stanley downgraded Transdigm Group from an “overweight” rating to an “equal weight” rating and reduced their target price for the company from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a report on Wednesday, May 6th. Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Stifel Nicolaus reissued a “hold” rating and issued a $1,405.00 price target (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Finally, Weiss Ratings lowered shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Six analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, Transdigm Group has a consensus rating of “Hold” and a consensus price target of $1,463.71.

Insider Activity at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,459,536. This trade represents a 52.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the completion of the transaction, the director owned 21,548 shares of the company’s stock, valued at approximately $26,204,091.84. This trade represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 38,196 shares of company stock valued at $48,027,598 in the last three months. 3.20% of the stock is currently owned by corporate insiders.

About Transdigm Group

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.