Northside Capital Management LLC Takes $599,000 Position in Transdigm Group Incorporated $TDG

Northside Capital Management LLC bought a new position in Transdigm Group Incorporated (NYSE:TDG) during the second quarter, Holdings Channel reports. The firm bought 450 shares of the aerospace company’s stock, valued at approximately $599,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TDG. Capital International Investors lifted its holdings in Transdigm Group by 0.9% in the fourth quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock valued at $8,702,655,000 after acquiring an additional 55,230 shares during the period. Capital World Investors grew its stake in shares of Transdigm Group by 0.4% during the 4th quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock worth $5,258,898,000 after purchasing an additional 15,825 shares during the period. Capital Research Global Investors increased its holdings in shares of Transdigm Group by 12.2% during 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 purchasing an additional 268,824 shares in the last quarter. State Street Corp boosted its holdings in Transdigm Group by 2.8% during the fourth quarter. State Street Corp now owns 2,456,186 shares of the aerospace company’s stock worth $3,266,359,000 after buying an additional 67,348 shares in the last quarter. Finally, Soroban Capital Partners LP increased its stake in shares of Transdigm Group by 14.5% in the 1st quarter. Soroban Capital Partners LP now owns 856,197 shares of the aerospace company’s stock valued at $992,298,000 after purchasing an additional 108,227 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, 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 transaction of $12,321,322.56. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at $26,204,091.84. This represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 38,196 shares of company stock worth $47,135,464 over the last ninety days. Corporate insiders own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TDG shares. Susquehanna lowered their price target on 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. Stifel Nicolaus restated a “hold” rating and issued a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a research report on Wednesday, August 5th. UBS Group upped their target price on Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. BNP Paribas Exane decreased their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Finally, Royal Bank Of Canada dropped their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $1,463.71.

Transdigm Group Trading Up 1.1%

Shares of Transdigm Group stock opened at $1,237.23 on Wednesday. The firm has a market capitalization of $69.20 billion, a PE ratio of 37.54, a P/E/G ratio of 2.06 and a beta of 0.91. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,463.03. The firm’s 50-day moving average price is $1,270.71 and its 200 day moving average price is $1,256.51.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping the consensus estimate 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 company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same period in the previous year, the business earned $9.60 EPS. Transdigm Group’s quarterly 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, sell-side analysts predict that Transdigm Group Incorporated will post 38.51 EPS for the current fiscal 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.