GSA Capital Partners LLP Buys New Shares in Transdigm Group Incorporated $TDG

GSA Capital Partners LLP bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 446 shares of the aerospace company’s stock, valued at approximately $594,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Family Legacy Inc. acquired a new stake in shares of Transdigm Group during the 2nd quarter worth approximately $3,250,000. Clearstead Trust LLC acquired a new position in shares of Transdigm Group in the second quarter valued at $100,000. Compound Global Advisors LLC acquired a new position in shares of Transdigm Group in the second quarter valued at $167,000. Mill Capital Management LLC bought a new position in Transdigm Group in the second quarter worth $33,454,000. Finally, Northside Capital Management LLC bought a new position in Transdigm Group in the second quarter worth $599,000. 95.78% of the stock is currently owned by institutional investors.

Insider Transactions at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,459,536. This trade represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at approximately $26,639,361.44. This trade represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 38,196 shares of company stock valued at $48,027,598 in the last quarter. 3.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TDG has been the topic of several analyst reports. Stifel Nicolaus reissued a “hold” rating and issued a $1,405.00 price target (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Royal Bank Of Canada decreased their target price 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 report on Wednesday, May 6th. Morgan Stanley cut shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. increased their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Six analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $1,463.71.

Transdigm Group Price Performance

Shares of NYSE:TDG opened at $1,182.57 on Friday. The business’s fifty day moving average price is $1,270.77 and its two-hundred day moving average price is $1,247.02. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,463.03. The stock has a market capitalization of $66.14 billion, a price-to-earnings ratio of 35.88, a price-to-earnings-growth ratio of 2.04 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.68 billion. During the same period last year, the business earned $9.60 earnings per share. The business’s revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Research analysts expect that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

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.