Csenge Advisory Group Buys Shares of 2,873 Transdigm Group Incorporated $TDG

Key Points

• Csenge Advisory Group initiated a TransDigm position by purchasing 2,873 shares valued at approximately $3.83 million. Institutional investors collectively own 95.78% of TDG.
• Analyst sentiment remains mixed, with six Buy ratings and eleven Hold ratings. The consensus rating is Hold, with an average price target of $1,463.71.
• TransDigm exceeded quarterly expectations, reporting $10.87 in EPS and $2.74 billion in revenue, up 22.5% year over year. However, insiders sold 38,196 shares worth about $48.0 million over the past 90 days, while the stock opened at $1,222.24.

Csenge Advisory Group bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,873 shares of the aerospace company's stock, valued at approximately $3,827,000.

Several other institutional investors and hedge funds also recently modified their holdings of TDG. Empowered Funds LLC lifted its position in shares of Transdigm Group by 5.0% in the first 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 in the last quarter. Acadian Asset Management LLC raised its stake in Transdigm Group by 92.3% in the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company's stock valued at $376,000 after purchasing an additional 131 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in Transdigm Group by 152.9% in the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company's stock valued at $3,138,000 after purchasing an additional 1,248 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Transdigm Group by 25.4% during the 2nd quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company's stock worth $50,227,000 after purchasing an additional 6,697 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its holdings in shares of Transdigm Group by 3.6% during the second quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company's stock worth $39,264,000 after buying an additional 902 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

Analyst Ratings Changes

TDG has been the topic of several recent analyst reports. Morgan Stanley downgraded shares of Transdigm Group from an "overweight" rating to an "equal weight" rating and reduced their price objective for the company from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. BMO Capital Markets lifted their price objective on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an "outperform" rating in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of 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. Weiss Ratings downgraded shares of Transdigm Group from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, June 2nd. Finally, Susquehanna cut their price target 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 assigned a Hold rating to the stock. Based on data from MarketBeat, Transdigm Group currently has an average rating of "Hold" and a consensus target price of $1,463.71.

Insider Activity at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total value 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 document filed with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the company'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 sale, the chief operating officer owned 3,600 shares in the company, valued at $4,459,536. The trade was a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 38,196 shares of company stock worth $48,027,598 over the last 90 days. 3.20% of the stock is owned by company insiders.

Transdigm Group Stock Down 0.9%

NYSE TDG opened at $1,222.24 on Thursday. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,463.03. The business has a 50 day moving average price of $1,272.29 and a two-hundred day moving average price of $1,248.75. The stock has a market cap of $68.36 billion, a PE ratio of 37.08, a P/E/G ratio of 2.06 and a beta of 0.91.

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 analysts' consensus estimates 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 company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same quarter last year, the firm posted $9.60 earnings per share. The business'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. Sell-side analysts anticipate 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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