Elevation Point Wealth Partners LLC Invests $1.16 Million in Transdigm Group Incorporated $TDG

Elevation Point Wealth Partners LLC purchased a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 871 shares of the aerospace company’s stock, valued at approximately $1,160,000.

Other large investors have also recently modified their holdings of the company. IFP Advisors Inc increased its holdings in shares of Transdigm Group by 392.9% in 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 in the last quarter. DNB Asset Management AS lifted its holdings in shares of Transdigm Group by 11.6% during the fourth quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company’s stock valued at $34,342,000 after purchasing an additional 2,685 shares in the last quarter. HighTower Advisors LLC boosted its position in shares of Transdigm Group by 8.0% during the fourth 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 last quarter. Capital Research Global Investors boosted its position in shares of Transdigm Group by 12.2% during 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 during the last quarter. Finally, Pier 88 Investment Partners LLC bought a new stake in Transdigm Group in the 4th quarter worth about $3,192,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TDG shares. UBS Group raised their price target 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. JPMorgan Chase & Co. lifted their target price on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. BMO Capital Markets boosted their target price on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Royal Bank Of Canada dropped their price target on 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. Finally, Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, Transdigm Group presently has an average rating of “Hold” and an average price target of $1,463.71.

Insiders Place Their Bets

In related news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction on Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the transaction, the director directly owned 21,548 shares in the company, valued at approximately $26,204,091.84. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value 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. The trade was a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 38,196 shares of company stock worth $48,027,598. 3.20% of the stock is owned by insiders.

Transdigm Group Trading Up 0.4%

TDG opened at $1,204.92 on Monday. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,463.03. The company has a market cap of $67.39 billion, a price-to-earnings ratio of 36.56, a PEG ratio of 2.00 and a beta of 0.91. The company’s 50 day moving average is $1,269.76 and its 200 day moving average is $1,245.39.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results 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. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same period last year, the firm earned $9.60 earnings per share. The company’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. As a group, analysts predict that Transdigm Group Incorporated will post 38.81 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.