RiverFront Investment Group LLC Makes New Investment in Transdigm Group Incorporated $TDG

RiverFront Investment Group LLC bought a new position in Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 154 shares of the aerospace company’s stock, valued at approximately $234,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Saudi Central Bank bought a new stake in shares of Transdigm Group in the first quarter valued at about $30,000. Bank of Jackson Hole Trust raised its holdings in shares of Transdigm Group by 84.6% in the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 11 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Transdigm Group by 1,250.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock valued at $41,000 after purchasing an additional 25 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Transdigm Group in the 2nd quarter worth approximately $47,000. Finally, NewSquare Capital LLC boosted its stake in shares of Transdigm Group by 48.3% during the second quarter. NewSquare Capital LLC now owns 43 shares of the aerospace company’s stock valued at $65,000 after purchasing an additional 14 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on TDG. Zacks Research downgraded shares of Transdigm Group from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. JPMorgan Chase & Co. boosted their price target on Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a research report on Friday, November 14th. BNP Paribas Exane initiated coverage on Transdigm Group in a research report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 price objective on the stock. Stifel Nicolaus reduced their target price on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a report on Thursday, November 13th. Finally, Morgan Stanley increased their price target on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Transdigm Group has an average rating of “Moderate Buy” and an average target price of $1,576.29.

Insider Activity

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $1,340.00, for a total transaction of $5,226,000.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,824,000. The trade was a 52.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Michael Lisman acquired 1,954 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was acquired at an average price of $1,339.14 per share, for a total transaction of $2,616,679.56. Following the purchase, the chief executive officer directly owned 1,954 shares of the company’s stock, valued at approximately $2,616,679.56. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last three months, insiders have sold 31,869 shares of company stock valued at $41,901,478. 4.09% of the stock is owned by insiders.

Transdigm Group Price Performance

Shares of TDG opened at $1,352.88 on Wednesday. The company’s fifty day moving average price is $1,304.51 and its 200-day moving average price is $1,398.98. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The firm has a market capitalization of $76.19 billion, a PE ratio of 44.90, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, topping analysts’ consensus estimates of $10.33 by $0.49. The company had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.40 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The firm’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $9.83 EPS. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.