Transdigm Group Incorporated $TDG Shares Acquired by Cat Rock Capital Management LP

Cat Rock Capital Management LP lifted its holdings in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 37.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,339 shares of the aerospace company's stock after acquiring an additional 17,255 shares during the quarter. Transdigm Group accounts for 19.6% of Cat Rock Capital Management LP's holdings, making the stock its biggest position. Cat Rock Capital Management LP owned approximately 0.11% of Transdigm Group worth $84,370,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. acquired a new position in shares of Transdigm Group in the 2nd quarter valued at about $6,489,039,000. Norges Bank acquired a new stake in Transdigm Group during the fourth quarter worth about $1,025,591,000. Stockbridge Partners LLC purchased a new position in Transdigm Group during the second quarter valued at approximately $578,480,000. Primecap Management Co. CA acquired a new position in Transdigm Group in the second quarter valued at approximately $546,425,000. Finally, The Manufacturers Life Insurance Company acquired a new position in Transdigm Group in the second quarter valued at approximately $522,754,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

Insiders Place Their Bets

In related news, COO Joel Reiss sold 3,900 shares of the company's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company's stock, valued at approximately $4,459,536. This represents a 52.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Tuesday, August 18th. The shares were 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 owned 21,548 shares of the company's stock, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 38,196 shares of company stock valued at $48,027,598 in the last ninety days. Insiders own 3.20% of the company's stock.

Analyst Ratings Changes

TDG has been the topic of a number of analyst reports. Weiss Ratings cut shares of Transdigm Group from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, June 2nd. JPMorgan Chase & Co. boosted 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 research note on Monday, June 15th. Morgan Stanley downgraded shares of Transdigm Group from an "overweight" rating to an "equal weight" rating and lowered their price target for the stock from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Stifel Nicolaus restated 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. Finally, UBS Group lifted their price objective on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the company a "buy" rating in a 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, the stock currently has an average rating of "Hold" and an average price target of $1,463.71.

Transdigm Group Trading Down 1.2%

NYSE:TDG opened at $1,172.23 on Tuesday. The firm has a market cap of $65.56 billion, a P/E ratio of 35.57, a price-to-earnings-growth ratio of 1.98 and a beta of 0.91. The stock has a 50 day moving average of $1,255.52 and a two-hundred day moving average of $1,241.27. 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 (EPS) for the quarter, topping analysts' consensus estimates of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same period in the previous year, the company posted $9.60 earnings per share. The business'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. On average, research analysts forecast that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

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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