Csenge Advisory Group Invests $3.83 Million in Transdigm Group Incorporated $TDG

Csenge Advisory Group purchased a new position in Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, HoldingsChannel reports. The firm purchased 2,873 shares of the aerospace company’s stock, valued at approximately $3,827,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. IFP Advisors Inc boosted its position in Transdigm Group by 392.9% during the 4th quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock worth $2,117,000 after acquiring an additional 1,269 shares during the period. DNB Asset Management AS increased 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 during the period. HighTower Advisors LLC raised its stake 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 purchasing an additional 1,281 shares in the last quarter. Capital Research Global Investors lifted its holdings in Transdigm Group by 12.2% in the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after purchasing an additional 268,824 shares during the period. Finally, Pier 88 Investment Partners LLC acquired a new stake in Transdigm Group in the fourth quarter worth about $3,192,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the company’s 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 transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,459,536. This represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the sale, the director owned 21,548 shares of the company’s stock, valued at $26,639,361.44. This trade represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 38,196 shares of company stock valued at $48,027,598. Company insiders own 3.20% of the company’s stock.

Wall Street Analyst Weigh In

TDG has been the topic of several research analyst reports. Stifel Nicolaus reissued 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. Susquehanna decreased their price objective on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Royal Bank Of Canada lowered their price objective 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. Morgan Stanley cut Transdigm Group from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Finally, Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Six investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $1,463.71.

Transdigm Group Trading Down 0.9%

Shares of Transdigm Group stock opened at $1,222.24 on Thursday. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,463.03. The stock has a market cap of $68.36 billion, a PE ratio of 37.08, a price-to-earnings-growth ratio of 2.06 and a beta of 0.91. The company’s 50-day moving average price is $1,272.29 and its two-hundred day moving average price is $1,248.75.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share 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 net margin of 19.69% and a negative return on equity of 23.65%. The business’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the firm posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, equities analysts predict that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

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.