One Wealth Capital Management LLC acquired a new position in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 560 shares of the aerospace company’s stock, valued at approximately $606,000.
Other hedge funds have also modified their holdings of the company. Kestra Private Wealth Services LLC lifted its stake in shares of Transdigm Group by 1.0% in the first quarter. Kestra Private Wealth Services LLC now owns 986 shares of the aerospace company’s stock valued at $1,142,000 after purchasing an additional 10 shares during the period. NewEdge Advisors LLC lifted its position in shares of Transdigm Group by 0.3% in the first quarter. NewEdge Advisors LLC now owns 3,297 shares of the aerospace company’s stock valued at $3,822,000 after acquiring an additional 11 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of Transdigm Group by 36.1% during the 1st quarter. International Assets Investment Management LLC now owns 49 shares of the aerospace company’s stock worth $57,000 after purchasing an additional 13 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in Transdigm Group by 5.8% during the third quarter. SBI Securities Co. Ltd. now owns 238 shares of the aerospace company’s stock worth $258,000 after acquiring an additional 13 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC boosted its holdings in shares of Transdigm Group by 6.3% during the first quarter. Turtle Creek Wealth Advisors LLC now owns 236 shares of the aerospace company’s stock worth $274,000 after purchasing an additional 14 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms recently issued reports on TDG. Melius Research restated a “hold” rating and issued a $1,331.00 target price on shares of Transdigm Group in a report on Monday, September 14th. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. JPMorgan Chase & Co. dropped their price target on shares of Transdigm Group from $1,450.00 to $1,415.00 and set a “neutral” rating on the stock in a research note on Thursday, September 17th. Wells Fargo & Company dropped their price objective on Transdigm Group from $1,450.00 to $1,210.00 and set an “equal weight” rating on the stock in a report on Wednesday, September 30th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Five investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $1,428.40.
Read Our Latest Stock Analysis on TDG
Transdigm Group Trading Down 3.2%
Shares of NYSE TDG opened at $1,105.65 on Friday. The company has a market cap of $61.84 billion, a price-to-earnings ratio of 33.55, a price-to-earnings-growth ratio of 1.58 and a beta of 0.96. Transdigm Group Incorporated has a 12-month low of $1,071.25 and a 12-month high of $1,463.03. The stock’s 50 day simple moving average is $1,135.66 and its 200 day simple moving average is $1,205.87.
Transdigm Group (NYSE:TDG – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, equities analysts forecast that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, Director W. Howley sold 10,132 shares of the business’s stock in a transaction on 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 sale, the director owned 21,548 shares of the company’s stock, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Joel Reiss sold 4,100 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the completion of the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,060,944. The trade was a 53.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,032 shares of company stock valued at $26,250,979 in the last quarter. 3.20% of the stock is currently owned by insiders.
Transdigm Group Company 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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