Advent International L.P. Takes $1.36 Million Position in Transdigm Group Incorporated $TDG

Advent International L.P. bought a new position in Transdigm Group Incorporated (NYSE:TDG - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 1,025 shares of the aerospace company's stock, valued at approximately $1,365,000.

Several other large investors have also added to or reduced their stakes in the company. Ares Financial Consulting LLC purchased a new stake in shares of Transdigm Group during the 4th quarter worth approximately $25,000. Elyxium Wealth LLC bought a new stake in shares of Transdigm Group during the 4th quarter worth approximately $25,000. Burkett Financial Services LLC purchased a new stake in shares of Transdigm Group during the second quarter valued at $25,000. MCF Advisors LLC boosted its position in Transdigm Group by 900.0% in the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company's stock valued at $27,000 after buying an additional 18 shares during the period. Finally, Transamerica Financial Advisors LLC grew its stake in Transdigm Group by 1,900.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company's stock worth $27,000 after purchasing an additional 19 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

Transdigm Group Trading Down 0.5%

Shares of NYSE:TDG opened at $1,193.32 on Wednesday. The business has a 50-day moving average price of $1,266.03 and a 200 day moving average price of $1,244.20. The company has a market capitalization of $66.74 billion, a price-to-earnings ratio of 36.21, a PEG ratio of 2.00 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.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter in the previous year, the business earned $9.60 EPS. The company's quarterly 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. As a group, equities research analysts predict that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Stifel Nicolaus reiterated a "hold" rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft boosted their price target on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a "hold" rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. raised their target price on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a "neutral" rating in a report on Monday, June 15th. Royal Bank Of Canada decreased their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a "sector perform" rating for the company in a report on Wednesday, May 6th. Finally, Susquehanna lowered their target price on shares of 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. Six analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $1,463.71.

Insider Buying and Selling

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the company's stock in a transaction on Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at approximately $26,204,091.84. This represents a 31.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through 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 shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 38,196 shares of company stock worth $48,027,598 in the last 90 days. 3.20% of the stock is currently owned by company insiders.

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.

Want to see what other hedge funds are holding TDG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Transdigm Group Incorporated (NYSE:TDG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source