Goodnow Investment Group LLC Acquires Shares of 20,482 Transdigm Group Incorporated $TDG

Key Points

• Goodnow Investment Group acquired 20,482 TransDigm shares worth approximately $27.3 million, making TDG about 2.8% of its portfolio. Institutional investors collectively own 95.78% of the company.
• TransDigm insiders sold 38,196 shares worth roughly $48.0 million in the last quarter, including substantial sales by COO Joel Reiss and director W. Nicholas Howley.
• Analysts maintain a consensus “Hold” rating with a $1,463.71 target price, while the stock recently traded at $1,198.78. The company beat quarterly earnings and revenue estimates, reporting $10.87 EPS and $2.74 billion in revenue, with revenue up 22.5% year over year.

Goodnow Investment Group LLC 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 20,482 shares of the aerospace company's stock, valued at approximately $27,283,000. Transdigm Group comprises about 2.8% of Goodnow Investment Group LLC's holdings, making the stock its 14th biggest position.

Several other hedge funds also recently made changes to their positions in the company. IFP Advisors Inc increased its position in Transdigm Group by 392.9% during the 4th quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company's stock worth $2,117,000 after purchasing an additional 1,269 shares during the period. DNB Asset Management AS lifted its holdings in shares of Transdigm Group by 11.6% in the 4th quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company's stock valued at $34,342,000 after buying an additional 2,685 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Transdigm Group by 8.0% in the 4th quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company's stock valued at $22,914,000 after buying an additional 1,281 shares during the period. Capital Research Global Investors boosted 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 buying an additional 268,824 shares in the last quarter. Finally, Pier 88 Investment Partners LLC acquired a new position in Transdigm Group during the fourth quarter worth $3,192,000. Institutional investors and hedge funds own 95.78% of the company's stock.

Insiders Place Their Bets

In other Transdigm Group news, 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 transaction of $4,831,164.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company's stock, valued at approximately $4,459,536. This trade represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director W Nicholas Howley sold 10,132 shares of the business's stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the completion of the transaction, the director directly owned 21,548 shares of the company's stock, valued at approximately $26,639,361.44. This trade represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 38,196 shares of company stock worth $48,027,598. 3.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Weiss Ratings downgraded Transdigm Group from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, June 2nd. Morgan Stanley downgraded shares of Transdigm Group from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. 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 report on Wednesday, May 6th. JPMorgan Chase & Co. increased their target price on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a "neutral" rating in a report on Monday, June 15th. Finally, Stifel Nicolaus reiterated a "hold" rating and set a $1,405.00 price target (down from $1,525.00) on shares of Transdigm Group in a research report on Wednesday, August 5th. Six research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat.com, Transdigm Group presently has an average rating of "Hold" and a consensus target price of $1,463.71.

Transdigm Group Stock Down 0.1%

NYSE:TDG opened at $1,198.78 on Tuesday. The company has a market capitalization of $67.05 billion, a PE ratio of 36.37, a price-to-earnings-growth ratio of 2.00 and a beta of 0.91. 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 $1,268.22 and a 200-day simple moving average of $1,244.70.

Transdigm Group (NYSE:TDG - Get Free Report) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $10.30 by $0.57. The company had revenue of $2.74 billion during the quarter, compared to analysts' expectations of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The firm's quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $9.60 earnings per share. 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.

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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