Transdigm Group Incorporated $TDG Shares Purchased by Empowered Funds LLC

Key Points

• Empowered Funds LLC increased its TransDigm stake by 29.3% in the first quarter, owning 5,717 shares valued at approximately $6.6 million. Institutional investors collectively own 95.78% of TDG.
• Analysts maintain a broadly cautious outlook, with six Buy ratings and eleven Hold ratings producing a consensus Hold rating and 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 34,296 shares worth $42.6 million over the past 90 days.

Empowered Funds LLC raised its stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 29.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,717 shares of the aerospace company's stock after purchasing an additional 1,296 shares during the quarter. Empowered Funds LLC's holdings in Transdigm Group were worth $6,626,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of TDG. Family Legacy Inc. raised its holdings in shares of Transdigm Group by 0.3% during the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company's stock valued at $3,184,000 after buying an additional 8 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Transdigm Group by 17.0% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company's stock valued at $73,000 after purchasing an additional 8 shares during the period. Fisher Asset Management LLC raised its stake in shares of Transdigm Group by 3.1% during the fourth quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company's stock valued at $398,000 after purchasing an additional 9 shares during the period. Root Financial Partners LLC lifted its position in shares of Transdigm Group by 6.2% during the fourth quarter. Root Financial Partners LLC now owns 155 shares of the aerospace company's stock worth $206,000 after purchasing an additional 9 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in shares of Transdigm Group by 13.6% in the fourth quarter. Harbour Investments Inc. now owns 75 shares of the aerospace company's stock valued at $100,000 after purchasing an additional 9 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

Analyst Ratings Changes

TDG has been the subject of a number of recent analyst reports. Wall Street Zen lowered shares of Transdigm Group from a "buy" rating to a "hold" rating in a report on Monday, July 20th. Jefferies Financial Group upped their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Stifel Nicolaus restated a "hold" rating and set a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft lifted 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, BMO Capital Markets boosted their price target on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an "outperform" rating in a research note on Thursday, July 2nd. Six equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $1,463.71.

Insider Buying and Selling

In other news, Director W Nicholas Howley sold 10,132 shares of the business's stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at approximately $25,444,309.36. The trade was a 31.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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, June 15th. The shares were sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,596,408. This represents a 52.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 34,296 shares of company stock worth $42,634,513. 3.20% of the stock is currently owned by company insiders.

Transdigm Group Stock Performance

TDG opened at $1,254.46 on Friday. The company has a market capitalization of $70.16 billion, a P/E ratio of 38.06, a PEG ratio of 2.10 and a beta of 0.91. The company has a 50-day moving average of $1,271.84 and a 200-day moving average of $1,254.02. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year 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 EPS for the quarter, topping the consensus estimate of $10.30 by $0.57. The business had revenue of $2.74 billion for 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 company's quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the company posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, sell-side analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal 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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