X Square Capital LLC Takes Position in Transdigm Group Incorporated $TDG

X Square Capital LLC bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the second quarter, Holdings Channel reports. The firm bought 2,313 shares of the aerospace company’s stock, valued at approximately $3,081,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Ares Financial Consulting LLC bought a new position in Transdigm Group during the fourth quarter valued at about $25,000. Elyxium Wealth LLC bought a new stake in Transdigm Group in the fourth quarter worth about $25,000. Burkett Financial Services LLC purchased a new position in Transdigm Group in the second quarter valued at about $25,000. MCF Advisors LLC boosted 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 acquiring an additional 18 shares during the last quarter. Finally, Transamerica Financial Advisors LLC grew its position in shares of Transdigm Group by 1,900.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 19 shares during the period. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Trading Up 2.1%

Shares of TDG stock opened at $1,204.92 on Friday. The stock has a market capitalization of $67.39 billion, a P/E ratio of 36.56, a PEG ratio of 2.00 and a beta of 0.91. The firm’s 50 day moving average is $1,269.76 and its 200 day moving average is $1,246.72. 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 released its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $2.68 billion. During the same period last year, the firm earned $9.60 EPS. Transdigm Group’s revenue for the quarter was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, equities analysts predict that Transdigm Group Incorporated will post 38.81 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Royal Bank Of Canada decreased their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 6th. Jefferies Financial Group increased their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft raised their target price on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research report on Wednesday, May 6th. 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. Finally, Weiss Ratings cut Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Six equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $1,463.71.

Insiders Place Their Bets

In other news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction on Monday, July 20th. The stock was 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 in the company, valued at approximately $26,204,091.84. The trade was a 31.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction dated 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 transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,459,536. The trade was a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 38,196 shares of company stock valued at $48,027,598 over the last ninety days. Corporate insiders own 3.20% of the company’s stock.

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.