Journey Strategic Wealth LLC Takes $375,000 Position in Transdigm Group Incorporated $TDG

Journey Strategic Wealth LLC bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 247 shares of the aerospace company’s stock, valued at approximately $375,000.

Other institutional investors also recently bought and sold shares of the company. Pinnacle Associates Ltd. grew its stake in shares of Transdigm Group by 2.4% during the 1st quarter. Pinnacle Associates Ltd. now owns 388 shares of the aerospace company’s stock worth $537,000 after purchasing an additional 9 shares during the period. Avantax Advisory Services Inc. boosted its holdings in Transdigm Group by 16.0% during the first quarter. Avantax Advisory Services Inc. now owns 980 shares of the aerospace company’s stock worth $1,355,000 after buying an additional 135 shares in the last quarter. Pacer Advisors Inc. grew its position in Transdigm Group by 30.1% during the first quarter. Pacer Advisors Inc. now owns 10,370 shares of the aerospace company’s stock valued at $14,345,000 after buying an additional 2,399 shares during the period. Mediolanum International Funds Ltd increased its holdings in Transdigm Group by 0.9% in the first quarter. Mediolanum International Funds Ltd now owns 6,662 shares of the aerospace company’s stock valued at $9,175,000 after buying an additional 59 shares in the last quarter. Finally, HB Wealth Management LLC raised its position in shares of Transdigm Group by 666.5% in the first quarter. HB Wealth Management LLC now owns 5,603 shares of the aerospace company’s stock worth $7,751,000 after acquiring an additional 4,872 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Transdigm Group Price Performance

NYSE TDG opened at $1,348.27 on Monday. The company has a market cap of $75.93 billion, a PE ratio of 44.75, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02. The stock’s 50 day simple moving average is $1,302.18 and its 200-day simple moving average is $1,399.47. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, topping the consensus estimate of $10.33 by $0.49. The firm had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.40 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the previous year, the business earned $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on TDG shares. Jefferies Financial Group dropped their target price on Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research report on Wednesday, September 17th. Morgan Stanley raised their price objective on Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a report on Friday, November 14th. BNP Paribas raised Transdigm Group to a “strong-buy” rating in a research note on Tuesday, November 18th. JPMorgan Chase & Co. increased their target price on Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a research report on Friday, November 14th. Finally, Truist Financial cut their price target on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a report on Wednesday, October 15th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,576.29.

Insiders Place Their Bets

In other Transdigm Group news, CEO Michael Lisman acquired 1,954 shares of the business’s stock in a transaction on Friday, November 14th. The stock was bought at an average price of $1,339.14 per share, for a total transaction of $2,616,679.56. Following the acquisition, the chief executive officer owned 1,954 shares in the company, valued at approximately $2,616,679.56. The trade was a ? increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $1,340.00, for a total transaction of $5,226,000.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,824,000. This trade represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 33,629 shares of company stock valued at $44,369,174. Corporate insiders own 4.09% of the company’s stock.

About Transdigm Group

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.