Havemeyer Place LP Purchases Shares of 1,486 Transdigm Group Incorporated $TDG

Havemeyer Place LP purchased a new stake in Transdigm Group Incorporated (NYSE:TDG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,486 shares of the aerospace company’s stock, valued at approximately $1,976,000.

A number of other large investors have also modified their holdings of the company. Vestcor Inc raised its position in shares of Transdigm Group by 5.7% in the fourth quarter. Vestcor Inc now owns 1,131 shares of the aerospace company’s stock worth $1,504,000 after acquiring an additional 61 shares during the period. MCF Advisors LLC raised its position in shares of Transdigm Group by 900.0% in the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 18 shares during the period. Invst LLC acquired a new position in shares of Transdigm Group in the fourth quarter worth about $209,000. PBU The Pension Fund of Early Childhood & Youth Educators acquired a new position in shares of Transdigm Group in the fourth quarter worth about $8,458,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its position in shares of Transdigm Group by 0.5% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 7,427 shares of the aerospace company’s stock worth $9,877,000 after acquiring an additional 40 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity

In related news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $1,213.05, for a total transaction of $12,290,622.60. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at $26,138,801.40. This represents a 31.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,154,724. This trade represents a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 42,096 shares of company stock valued at $51,417,454. Insiders own 3.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Royal Bank Of Canada decreased their price objective on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Jefferies Financial Group upped their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Wall Street Zen upgraded shares of Transdigm Group from a “hold” rating to a “buy” rating in a research report on Saturday. Stifel Nicolaus decreased their price objective on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Finally, Weiss Ratings downgraded shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Transdigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,524.18.

Transdigm Group Stock Up 1.1%

TDG opened at $1,241.05 on Friday. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82. The company has a 50-day moving average price of $1,203.10 and a 200 day moving average price of $1,281.43. The company has a market cap of $69.41 billion, a PE ratio of 38.73, a price-to-earnings-growth ratio of 2.17 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping the consensus estimate of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter in the prior year, the firm earned $9.11 EPS. The company’s revenue for the quarter was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, sell-side analysts expect that Transdigm Group Incorporated will post 37.82 earnings per share for the current 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.