Great Lakes Advisors LLC Acquires New Holdings in Transdigm Group Incorporated $TDG

Great Lakes Advisors LLC bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 651 shares of the aerospace company’s stock, valued at approximately $867,000.

Other institutional investors have also recently bought and sold shares of the company. Empowered Funds LLC boosted its holdings in shares of 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 buying an additional 65 shares during the period. Acadian Asset Management LLC raised its holdings in shares of Transdigm Group by 92.3% during the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after acquiring an additional 131 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Transdigm Group by 152.9% during the second quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock worth $3,138,000 after acquiring an additional 1,248 shares during the period. Sei Investments Co. lifted its position 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 acquiring an additional 6,697 shares in the last quarter. Finally, Treasurer of the State of North Carolina lifted its position in Transdigm Group by 3.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock valued at $39,264,000 after acquiring an additional 902 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

TDG has been the subject of a number of research analyst reports. Morgan Stanley lowered shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. Jefferies Financial Group lifted their price target on Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. JPMorgan Chase & Co. upped their price objective on 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. Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Finally, UBS Group lifted their target price on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Six analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,463.71.

Insider Activity at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the completion of the transaction, the director directly owned 21,548 shares in the company, valued at $26,204,091.84. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,459,536. This trade represents a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 38,196 shares of company stock valued at $48,027,598 over the last three months. Insiders own 3.20% of the company’s stock.

Transdigm Group Trading Up 2.1%

Transdigm Group stock opened at $1,204.92 on Friday. The company has a fifty day simple moving average of $1,269.76 and a 200 day simple moving average of $1,246.72. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,463.03. The company has a market cap of $67.39 billion, a P/E ratio of 36.56, a price-to-earnings-growth ratio of 2.00 and a beta of 0.91.

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