Mill Capital Management LLC Sells 1,293 Shares of Transdigm Group Incorporated $TDG

Mill Capital Management LLC decreased its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 5.0% during the third quarter, HoldingsChannel reports. The fund owned 24,814 shares of the aerospace company’s stock after selling 1,293 shares during the quarter. Transdigm Group comprises about 2.4% of Mill Capital Management LLC’s investment portfolio, making the stock its 11th biggest holding. Mill Capital Management LLC’s holdings in Transdigm Group were worth $32,705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Salomon & Ludwin LLC purchased a new position in shares of Transdigm Group in the third quarter valued at $26,000. Bank of Jackson Hole Trust grew its holdings in Transdigm Group by 84.6% during the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after buying an additional 11 shares in the last quarter. Hantz Financial Services Inc. increased its position in shares of Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock valued at $41,000 after buying an additional 25 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of Transdigm Group in the second quarter worth about $47,000. Finally, Security National Bank bought a new position in shares of Transdigm Group in the third quarter valued at approximately $53,000. 95.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently commented on TDG. Susquehanna reduced their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research report on Thursday, October 9th. Truist Financial lowered their price target on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a report on Wednesday, October 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. Zacks Research upgraded shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, UBS Group lifted their target price on shares of Transdigm Group from $1,798.00 to $1,804.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,597.00.

Transdigm Group Stock Down 0.0%

NYSE TDG opened at $1,449.54 on Tuesday. The company has a 50-day simple moving average of $1,340.82 and a two-hundred day simple moving average of $1,370.08. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82. The firm has a market cap of $81.64 billion, a price-to-earnings ratio of 45.10, a PEG ratio of 3.18 and a beta of 0.94.

Transdigm Group (NYSE:TDG) last issued its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, beating the consensus estimate 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 31.91% and a net margin of 21.69%.Transdigm Group’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the business posted $9.83 EPS. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Equities analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Transactions at Transdigm Group

In related news, Director Kevin M. Stein sold 25,000 shares of Transdigm Group stock in a transaction on Monday, January 5th. The shares were sold at an average price of $1,373.59, for a total value of $34,339,750.00. Following the transaction, the director directly owned 8,158 shares of the company’s stock, valued at $11,205,747.22. The trade was a 75.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert J. Small sold 90,953 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the transaction, the director directly owned 68,139 shares of the company’s stock, valued at $91,014,625.08. The trade was a 57.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 195,765 shares of company stock worth $265,101,510. Insiders own 4.09% of the company’s stock.

Transdigm Group 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.