Elevation Point Wealth Partners LLC Boosts Holdings in Transdigm Group Incorporated $TDG

Elevation Point Wealth Partners LLC increased its position in Transdigm Group Incorporated (NYSE:TDG) by 19,650.0% during the third quarter, HoldingsChannel.com reports. The firm owned 790 shares of the aerospace company’s stock after acquiring an additional 786 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Transdigm Group were worth $1,042,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of TDG. Norges Bank purchased a new position in Transdigm Group in the second quarter worth about $1,275,035,000. Principal Financial Group Inc. increased its position in shares of Transdigm Group by 18.3% during the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after acquiring an additional 367,756 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Transdigm Group by 5.3% during the second quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock valued at $10,178,995,000 after acquiring an additional 333,965 shares in the last quarter. Franklin Resources Inc. raised its holdings in Transdigm Group by 161.7% in the 3rd quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after acquiring an additional 293,821 shares during the last quarter. Finally, Capital International Investors lifted its position in Transdigm Group by 4.1% in the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after acquiring an additional 254,750 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Price Performance

NYSE TDG opened at $1,247.63 on Tuesday. The stock has a market capitalization of $70.45 billion, a price-to-earnings ratio of 40.14, a PEG ratio of 2.55 and a beta of 0.93. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The business’s fifty day moving average price is $1,342.06 and its 200-day moving average price is $1,321.24.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, topping the consensus estimate of $7.99 by $0.24. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.26 billion. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.Transdigm Group’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $7.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Wall Street Analyst Weigh In

TDG has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. UBS Group decreased their price target on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a report on Wednesday, February 4th. Finally, Zacks Research raised Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $1,584.44.

Insider Buying and Selling at Transdigm Group

In related news, COO Patrick Joseph Murphy sold 290 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $1,430.10, for a total transaction of $414,729.00. Following the completion of the sale, the chief operating officer directly owned 1,055 shares in the company, valued at approximately $1,508,755.50. The trade was a 21.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $1,429.92, for a total transaction of $5,576,688.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $5,147,712. This represents a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 112,648 shares of company stock worth $157,721,963. 3.20% of the stock is owned by corporate insiders.

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.