Plato Investment Management Ltd Takes Position in Transdigm Group Incorporated $TDG

Plato Investment Management Ltd bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the second quarter, according to its most recent filing with the SEC. The fund bought 1,163 shares of the aerospace company’s stock, valued at approximately $1,540,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TDG. Ares Financial Consulting LLC bought a new stake in Transdigm Group in the fourth quarter worth about $25,000. Elyxium Wealth LLC purchased a new position in Transdigm Group in the fourth quarter valued at approximately $25,000. Burkett Financial Services LLC purchased a new position in Transdigm Group in the second quarter valued at approximately $25,000. MCF Advisors LLC grew its holdings in Transdigm Group by 900.0% during 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 during the period. Finally, Transamerica Financial Advisors LLC increased its position in Transdigm Group by 1,900.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after buying an additional 19 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. Weiss Ratings lowered Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. BMO Capital Markets boosted their price objective on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. BNP Paribas Exane dropped their price objective on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research report on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $1,463.71.

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the completion of the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $26,204,091.84. This trade represents a 31.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,596,408. The trade was a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 24,164 shares of company stock valued at $30,670,445 in the last ninety days. Insiders own 3.20% of the company’s stock.

Transdigm Group Price Performance

Transdigm Group stock opened at $1,237.18 on Tuesday. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,463.03. The business has a fifty day moving average price of $1,272.49 and a 200-day moving average price of $1,251.38. The firm has a market capitalization of $69.20 billion, a P/E ratio of 37.54, a PEG ratio of 2.10 and a beta of 0.91.

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