Family Legacy Inc. Acquires Shares of 2,440 Transdigm Group Incorporated $TDG

Key Points

• Family Legacy Inc. acquired 2,440 shares of TransDigm Group in the second quarter, valued at approximately $3.25 million. Institutional investors collectively own 95.78% of the company.
• TransDigm exceeded quarterly expectations, reporting adjusted EPS of $10.87 versus the $10.30 consensus and revenue of $2.74 billion, up 22.5% year over year.
• Analyst sentiment remains mixed, with six Buy ratings and eleven Hold ratings and a consensus price target of $1,463.71. The stock opened at $1,254.46, while company insiders sold roughly $42.6 million of shares during the latest quarter.

Family Legacy Inc. acquired 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 SEC. The institutional investor acquired 2,440 shares of the aerospace company's stock, valued at approximately $3,250,000.

Several other hedge funds and other institutional investors have also made changes to their positions in TDG. Norges Bank acquired a new stake in Transdigm Group in the fourth quarter valued at about $1,025,591,000. Capital Research Global Investors lifted its holdings in shares of 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 valued at $3,293,527,000 after buying an additional 268,824 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Transdigm Group by 413.7% in the first quarter. The Manufacturers Life Insurance Company now owns 190,147 shares of the aerospace company's stock valued at $220,373,000 after buying an additional 153,131 shares in the last quarter. Temasek Holdings Private Ltd acquired a new position in Transdigm Group during the fourth quarter worth $193,544,000. Finally, Veritas Asset Management LLP purchased a new position in Transdigm Group in the fourth quarter worth $188,629,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have commented on TDG. Susquehanna decreased 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 report on Wednesday, May 6th. Morgan Stanley downgraded shares of Transdigm Group from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft boosted their price objective 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. Jefferies Financial Group increased their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Finally, UBS Group lifted their price target on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $1,463.71.

Transdigm Group Stock Up 0.7%

NYSE:TDG opened at $1,254.46 on Friday. Transdigm Group Incorporated has a 52-week low of $1,123.61 and a 52-week high of $1,463.03. The stock has a fifty day simple moving average of $1,271.84 and a 200-day simple moving average of $1,254.02. The company has a market capitalization of $70.16 billion, a PE ratio of 38.06, a price-to-earnings-growth ratio of 2.10 and a beta of 0.91.

Transdigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 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 firm 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 company earned $9.60 EPS. The firm's 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, equities analysts anticipate that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Insider Activity at Transdigm Group

In other news, COO Joel Reiss sold 3,900 shares of the business's stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $4,596,408. The trade was a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, 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 value of $12,321,322.56. Following the completion of the sale, the director owned 21,548 shares in the company, valued at $26,204,091.84. This represents a 31.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 34,296 shares of company stock worth $42,634,513 over the last quarter. Company insiders own 3.20% of the company's stock.

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.

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