Mill Capital Management LLC Buys New Position in Transdigm Group Incorporated $TDG

Mill Capital Management LLC bought a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 25,115 shares of the aerospace company’s stock, valued at approximately $33,454,000. Transdigm Group comprises approximately 2.2% of Mill Capital Management LLC’s holdings, making the stock its 14th largest position.

Other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc raised its stake in shares of Transdigm Group by 392.9% in the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock worth $2,117,000 after buying an additional 1,269 shares during the period. DNB Asset Management AS grew its stake in shares of Transdigm Group by 11.6% during the 4th quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company’s stock valued at $34,342,000 after acquiring an additional 2,685 shares during the period. HighTower Advisors LLC grew its stake in shares of Transdigm Group by 8.0% during the 4th quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company’s stock valued at $22,914,000 after acquiring an additional 1,281 shares during the period. Capital Research Global Investors increased its holdings in Transdigm Group by 12.2% in the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after acquiring an additional 268,824 shares in the last quarter. Finally, Pier 88 Investment Partners LLC purchased a new stake in Transdigm Group in the 4th quarter worth approximately $3,192,000. 95.78% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the sale, the director directly owned 21,548 shares in the company, valued at $26,204,091.84. The trade was a 31.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,596,408. This represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 34,296 shares of company stock worth $42,634,513. 3.20% of the stock is owned by insiders.

Transdigm Group Price Performance

NYSE:TDG opened at $1,254.46 on Friday. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,463.03. The stock’s 50 day simple moving average is $1,271.84 and its two-hundred day simple moving average is $1,254.02. The company has a market cap of $70.16 billion, a price-to-earnings ratio of 38.06, a PEG ratio of 2.08 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The business had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. During the same period in the prior year, the firm earned $9.60 EPS. The company’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. As a group, analysts anticipate that Transdigm Group Incorporated will post 38.81 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TDG shares. BMO Capital Markets upped their price target on shares of 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. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. lifted their target price on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Finally, Weiss Ratings lowered Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Six research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $1,463.71.

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.