Plato Investment Management Ltd Takes Position in Transdigm Group Incorporated $TDG

Plato Investment Management Ltd bought a new position in Transdigm Group Incorporated (NYSE:TDG) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 1,163 shares of the aerospace company’s stock, valued at approximately $1,540,000.

Several other hedge funds have also added to or reduced their stakes in TDG. Ares Financial Consulting LLC purchased a new stake in Transdigm Group during the fourth quarter valued at about $25,000. Elyxium Wealth LLC purchased a new position in shares of Transdigm Group in the fourth quarter worth about $25,000. Burkett Financial Services LLC bought a new stake in shares of Transdigm Group in the 2nd quarter valued at about $25,000. MCF Advisors LLC boosted its holdings in Transdigm Group by 900.0% during the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 18 shares during the period. Finally, Transamerica Financial Advisors LLC boosted its holdings in Transdigm Group by 1,900.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 19 shares during the period. 95.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Weiss Ratings cut Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Stifel Nicolaus restated a “hold” rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. upped their price target 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, Jefferies Financial Group increased their price target on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Six analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $1,463.71.

Transdigm Group Price Performance

Shares of NYSE:TDG opened at $1,237.18 on Tuesday. The stock’s 50-day moving average is $1,272.49 and its 200 day moving average is $1,251.38. The company has a market cap of $69.20 billion, a PE ratio of 37.54, a P/E/G ratio of 2.10 and a beta of 0.91. 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) last released its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping the consensus estimate of $10.30 by $0.57. The business had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The business’s revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the business posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Analysts expect that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group 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 in the company, valued at approximately $26,204,091.84. This trade represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 24,164 shares of company stock valued at $30,670,445. 3.20% of the stock is owned by corporate insiders.

Transdigm Group 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.