Glenview Trust Co Purchases New Holdings in Transdigm Group Incorporated $TDG

Glenview Trust Co purchased a new stake in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,610 shares of the aerospace company's stock, valued at approximately $1,866,000.

Other institutional investors have also recently bought and sold shares of the company. Elyxium Wealth LLC bought a new stake in Transdigm Group in the fourth quarter valued at about $25,000. Burkett Financial Services LLC bought a new stake in Transdigm Group in the 2nd quarter valued at $25,000. MCF Advisors LLC raised 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 last quarter. Transamerica Financial Advisors LLC increased its stake in Transdigm Group by 1,900.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company's stock valued at $27,000 after buying an additional 19 shares during the last quarter. Finally, Colonial Trust Co SC increased its position in shares of Transdigm Group by 162.5% during the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company's stock worth $29,000 after purchasing an additional 13 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

Insiders Place Their Bets

In other news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group 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 completion of the sale, the director directly owned 21,548 shares in the company, valued at approximately $26,639,361.44. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Joel Reiss sold 3,900 shares of the 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 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. In the last ninety days, insiders have sold 38,196 shares of company stock worth $48,027,598. 3.20% of the stock is owned by insiders.

Transdigm Group Trading Down 0.2%

TDG opened at $1,184.14 on Friday. The company's 50 day moving average is $1,257.95 and its 200 day moving average is $1,242.67. The company has a market cap of $66.23 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 1.98 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 issued its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share 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 the consensus estimate of $2.68 billion. During the same quarter in the previous year, the firm earned $9.60 earnings per share. The company's revenue for the quarter 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 predict that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Weiss Ratings lowered shares of Transdigm Group from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, June 2nd. Stifel Nicolaus reissued a "hold" rating and set a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research report on Wednesday, August 5th. UBS Group lifted their price target on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft increased their target price on 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. Finally, Jefferies Financial Group raised their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $1,463.71.

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.

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