Callan Family Office LLC Acquires New Position in Transdigm Group Incorporated $TDG

Callan Family Office LLC bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 2,294 shares of the aerospace company's stock, valued at approximately $3,056,000.

A number of other large investors have also modified their holdings of the business. Capital International Investors grew its holdings in Transdigm Group by 0.9% during the fourth quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company's stock worth $8,702,655,000 after acquiring an additional 55,230 shares during the period. BlackRock Inc. acquired a new position in shares of Transdigm Group during the 2nd quarter worth $6,489,039,000. Capital World Investors lifted its stake in shares of Transdigm Group by 0.4% in the fourth quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company's stock valued at $5,258,898,000 after purchasing an additional 15,825 shares during the period. Capital Research Global Investors lifted its stake in shares of Transdigm Group by 12.2% in the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company's stock valued at $3,293,527,000 after purchasing an additional 268,824 shares during the period. Finally, State Street Corp boosted its holdings in Transdigm Group by 2.8% during the fourth quarter. State Street Corp now owns 2,456,186 shares of the aerospace company's stock worth $3,266,359,000 after buying an additional 67,348 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction on 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 approximately $26,639,361.44. 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 this link. Also, COO Joel Reiss sold 3,900 shares of the firm's stock in a transaction 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 transaction, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $4,459,536. The trade was a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 38,196 shares of company stock worth $48,027,598. 3.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TDG. 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 research report on Wednesday, May 6th. Wall Street Zen cut Transdigm Group from a "buy" rating to a "hold" rating in a report on Monday, July 20th. Jefferies Financial Group raised their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a research note 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 report on Monday, June 15th. Finally, BMO Capital Markets boosted their target price on 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. Six research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, Transdigm Group presently has an average rating of "Hold" and a consensus target price of $1,463.71.

Transdigm Group Trading Up 2.1%

Shares of TDG opened at $1,204.92 on Friday. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,463.03. The stock has a market cap of $67.39 billion, a P/E ratio of 36.56, a PEG ratio of 2.00 and a beta of 0.91. The company has a 50-day moving average of $1,269.76 and a two-hundred day moving average of $1,246.72.

Transdigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, beating the consensus estimate of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same period in the prior year, the business earned $9.60 earnings per share. The company's quarterly revenue 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 forecast that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

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.

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