Fideuram Asset Management Ireland dac Buys Shares of 619 Transdigm Group Incorporated $TDG

Fideuram Asset Management Ireland dac bought a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) in the fourth quarter, HoldingsChannel.com reports. The firm bought 619 shares of the aerospace company’s stock, valued at approximately $835,000.

A number of other hedge funds have also added to or reduced their stakes in TDG. Empowered Funds LLC increased its stake in shares of Transdigm Group by 5.0% in the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after purchasing an additional 65 shares in the last quarter. Acadian Asset Management LLC increased its stake in shares of Transdigm Group by 92.3% in the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after purchasing an additional 131 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of Transdigm Group by 152.9% in the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock worth $3,138,000 after purchasing an additional 1,248 shares in the last quarter. Sei Investments Co. increased its stake in shares of Transdigm Group by 25.4% in the 2nd quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock worth $50,227,000 after purchasing an additional 6,697 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its stake in shares of Transdigm Group by 3.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock worth $39,264,000 after purchasing an additional 902 shares in the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Weiss Ratings lowered Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 13th. Deutsche Bank Aktiengesellschaft upped their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. KeyCorp lowered Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Wells Fargo & Company assumed coverage on Transdigm Group in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price objective for the company. Finally, Robert W. Baird restated a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a research note on Wednesday, February 4th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,524.18.

Insider Buying and Selling at Transdigm Group

In related news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $1,213.05, for a total value of $12,290,622.60. Following the completion of the transaction, the director owned 21,548 shares of the company’s stock, valued at approximately $26,138,801.40. This represents a 31.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the completion of the sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,154,724. The trade was a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 42,096 shares of company stock valued at $51,417,454 in the last ninety days. 3.20% of the stock is currently owned by insiders.

Transdigm Group Stock Performance

Shares of Transdigm Group stock opened at $1,259.32 on Friday. The company has a market capitalization of $70.43 billion, a P/E ratio of 39.30, a P/E/G ratio of 2.20 and a beta of 0.90. The company has a fifty day moving average of $1,196.71 and a 200 day moving average of $1,284.20. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,623.82.

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