Vise Technologies Inc. Acquires New Holdings in Transdigm Group Incorporated $TDG

Vise Technologies Inc. bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 1,283 shares of the aerospace company’s stock, valued at approximately $1,708,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Empowered Funds LLC increased its position in Transdigm Group by 5.0% in the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock valued at $1,898,000 after acquiring an additional 65 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of Transdigm Group by 92.3% during the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after purchasing an additional 131 shares during the period. NewEdge Advisors LLC grew its stake in shares of Transdigm Group by 152.9% in the second quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock worth $3,138,000 after purchasing an additional 1,248 shares during the last quarter. Sei Investments Co. increased its holdings in Transdigm Group by 25.4% in the second quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock valued at $50,227,000 after purchasing an additional 6,697 shares during the period. Finally, Treasurer of the State of North Carolina increased its holdings in Transdigm Group by 3.6% in the second quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock valued at $39,264,000 after purchasing an additional 902 shares during the period. 95.78% of the stock is owned by institutional investors.

Transdigm Group Stock Up 2.1%

TDG stock opened at $1,204.92 on Friday. The firm has a market cap of $67.39 billion, a price-to-earnings ratio of 36.56, a PEG ratio of 1.97 and a beta of 0.91. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,463.03. The company’s fifty day simple moving average is $1,269.76 and its 200 day simple moving average is $1,246.72.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same period last year, the business posted $9.60 EPS. The business’s revenue was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Research analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Insider Activity

In related news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the sale, the director owned 21,548 shares in the company, valued at $26,639,361.44. This represents a 31.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,459,536. This represents a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 38,196 shares of company stock worth $48,027,598. 3.20% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

TDG has been the topic of several recent research reports. Wall Street Zen downgraded Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. BNP Paribas Exane decreased their price target on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Jefferies Financial Group raised their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. JPMorgan Chase & Co. lifted their price objective on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Finally, UBS Group upped their target price on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Six research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, Transdigm Group has an average rating of “Hold” and a consensus target price of $1,463.71.

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.