Owlhouse Capital LP Cuts Position in Transdigm Group Incorporated $TDG

Owlhouse Capital LP lowered its holdings in Transdigm Group Incorporated (NYSE:TDG) by 9.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,490 shares of the aerospace company’s stock after selling 590 shares during the period. Transdigm Group comprises about 8.5% of Owlhouse Capital LP’s portfolio, making the stock its 4th largest holding. Owlhouse Capital LP’s holdings in Transdigm Group were worth $6,363,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TDG. Empowered Funds LLC lifted its stake in Transdigm Group by 5.0% in the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock valued at $1,898,000 after acquiring an additional 65 shares during the last quarter. Acadian Asset Management LLC increased its stake in shares of Transdigm Group by 92.3% during the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after purchasing an additional 131 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Transdigm Group by 152.9% in the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock valued at $3,138,000 after purchasing an additional 1,248 shares during the period. Sei Investments Co. lifted its stake in Transdigm Group by 25.4% in the 2nd quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock valued at $50,227,000 after purchasing an additional 6,697 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its holdings in Transdigm Group by 3.6% during the second quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock worth $39,264,000 after purchasing an additional 902 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Transdigm Group

In related news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at approximately $28,433,663.40. The trade was a 31.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the sale, the chief operating officer directly owned 3,600 shares in the company, valued at $4,596,408. This represents a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 28,064 shares of company stock valued at $34,814,142 in the last three months. Insiders own 3.20% of the company’s stock.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,236.11 on Monday. The firm has a market cap of $69.14 billion, a price-to-earnings ratio of 38.58, a P/E/G ratio of 2.18 and a beta of 0.90. The stock’s fifty day moving average price is $1,261.52 and its two-hundred day moving average price is $1,269.42. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter in the previous year, the business posted $9.11 earnings per share. Transdigm Group’s quarterly revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, equities analysts anticipate that Transdigm Group Incorporated will post 37.77 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on TDG. Wells Fargo & Company started coverage on Transdigm Group in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price objective on the stock. UBS Group decreased their target price on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Morgan Stanley downgraded Transdigm Group from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Jefferies Financial Group upped their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Finally, Stifel Nicolaus cut their target price on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Seven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $1,477.47.

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.