Concurrent Investment Advisors LLC Has $1.33 Million Stock Position in Transdigm Group Incorporated $TDG

Concurrent Investment Advisors LLC cut its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 50.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 997 shares of the aerospace company’s stock after selling 1,035 shares during the period. Concurrent Investment Advisors LLC’s holdings in Transdigm Group were worth $1,328,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Elyxium Wealth LLC bought a new position in Transdigm Group in the 4th quarter valued at about $25,000. Burkett Financial Services LLC bought a new stake in Transdigm Group during the 2nd quarter worth approximately $25,000. MCF Advisors LLC increased 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 worth $27,000 after purchasing an additional 18 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake in shares of Transdigm Group by 1,900.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 19 shares during the last quarter. Finally, Colonial Trust Co SC raised its stake in shares of Transdigm Group by 162.5% in the fourth quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 13 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Buying and Selling at Transdigm Group

In other news, Director W. Howley sold 10,132 shares of the firm’s 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 completion of the sale, the director directly owned 21,548 shares of the company’s stock, valued at $26,204,091.84. This trade represents a 31.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on 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 sale, the chief operating officer owned 3,600 shares in the company, valued at $4,459,536. The trade was a 52.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 38,196 shares of company stock worth $48,027,598. Insiders own 3.20% of the company’s stock.

Transdigm Group Stock Down 0.0%

Transdigm Group stock opened at $1,125.41 on Friday. Transdigm Group Incorporated has a 52 week low of $1,119.62 and a 52 week high of $1,463.03. The company’s 50 day moving average price is $1,227.47 and its two-hundred day moving average price is $1,232.16. The stock has a market cap of $62.94 billion, a P/E ratio of 34.14, a P/E/G ratio of 1.87 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.Transdigm Group’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the company posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, equities analysts anticipate that Transdigm Group Incorporated will post 38.81 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on TDG shares. BNP Paribas Exane cut 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. BMO Capital Markets increased their price target on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Transdigm Group in a research note on Friday, August 28th. Stifel Nicolaus reaffirmed a “hold” rating and set a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Finally, UBS Group upped their target price on shares of 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. Six equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $1,463.71.

About Transdigm Group

TransDigm Group Incorporated (NYSE: TDG) designs, produces and supplies aircraft components, systems and related aftermarket services. The company focuses primarily on proprietary aerospace products, including mechanical and electromechanical actuators, ignition systems, pumps, valves, sensors, cockpit and data-acquisition systems, power-conditioning equipment, lighting, lavatory components, seat belts and cargo-loading systems.

TransDigm serves commercial and regional airlines, business and general aviation operators, aircraft manufacturers and military customers.