Wealthfront Advisers LLC Has $8.98 Million Stake in Transdigm Group Incorporated $TDG

Wealthfront Advisers LLC lifted its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 12.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,750 shares of the aerospace company’s stock after acquiring an additional 881 shares during the quarter. Wealthfront Advisers LLC’s holdings in Transdigm Group were worth $8,982,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TDG. Ares Financial Consulting LLC bought a new stake in Transdigm Group in the 4th quarter valued at $25,000. Elyxium Wealth LLC bought a new position in Transdigm Group during the fourth quarter worth $25,000. MCF Advisors LLC increased its holdings 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 valued at $27,000 after purchasing an additional 18 shares during the last quarter. Transamerica Financial Advisors LLC raised its position 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 valued at $27,000 after purchasing an additional 19 shares during the period. Finally, Colonial Trust Co SC raised its position 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 valued at $29,000 after purchasing an additional 13 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were 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 owned 21,548 shares of the company’s stock, valued at $28,433,663.40. The trade was a 31.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 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 transaction of $4,979,442.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,596,408. The trade was a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 38,196 shares of company stock valued at $47,631,730 in the last quarter. Corporate insiders own 3.20% of the company’s stock.

Transdigm Group Stock Performance

TDG opened at $1,214.45 on Friday. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,623.82. The company has a market capitalization of $67.92 billion, a P/E ratio of 37.90, a P/E/G ratio of 2.16 and a beta of 0.90. The stock has a fifty day moving average of $1,258.81 and a 200-day moving average of $1,274.26.

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 research analysts predict that Transdigm Group Incorporated will post 37.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the stock. BNP Paribas Exane reduced their target price on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. JPMorgan Chase & Co. increased their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Stifel Nicolaus lowered their price target on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Wall Street Zen upgraded Transdigm Group from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, TD Cowen reduced their price objective on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Seven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target 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.