Sageworth Trust Co bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm bought 487 shares of the aerospace company’s stock, valued at approximately $564,000.
Other institutional investors have also recently added to or reduced their stakes in the company. Ares Financial Consulting LLC acquired a new position in Transdigm Group in the fourth quarter valued at about $25,000. Elyxium Wealth LLC acquired a new stake in shares of Transdigm Group during the fourth quarter worth approximately $25,000. MCF Advisors LLC increased its holdings in shares of Transdigm Group by 900.0% during the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after buying an additional 18 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake in shares of Transdigm Group by 1,900.0% in the fourth 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 last quarter. Finally, Colonial Trust Co SC raised its stake in shares of Transdigm Group by 162.5% in the fourth quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 13 shares during the last quarter. 95.78% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the company. BMO Capital Markets increased their price target on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Susquehanna reduced their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. JPMorgan Chase & Co. increased their target price on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. Finally, Royal Bank Of Canada lowered their target price on 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. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,518.25.
Transdigm Group Price Performance
TDG opened at $1,296.28 on Thursday. The stock has a market capitalization of $72.50 billion, a P/E ratio of 40.46, a price-to-earnings-growth ratio of 2.32 and a beta of 0.90. The company’s 50 day simple moving average is $1,251.29 and its 200-day simple moving average is $1,277.00. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82.
Transdigm Group (NYSE:TDG – Get Free Report) last posted its quarterly earnings data 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. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter in the previous year, the company posted $9.11 EPS. Transdigm Group’s revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, analysts anticipate that Transdigm Group Incorporated will post 37.99 EPS for the current year.
Insider Buying and Selling at Transdigm Group
In other news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $1,319.55, for a total transaction of $13,369,680.60. Following the completion of the sale, the director owned 21,548 shares in the company, valued at $28,433,663.40. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, June 15th. The shares were 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 directly owned 3,600 shares in the company, valued at $4,596,408. This trade represents a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 42,096 shares of company stock valued at $52,625,524 over the last three months. 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.
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