Douglas Lane & Associates LLC Acquires 5,328 Shares of Transdigm Group Incorporated $TDG

Douglas Lane & Associates LLC boosted its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 6.9% during the third quarter, Holdings Channel reports. The fund owned 82,499 shares of the aerospace company’s stock after acquiring an additional 5,328 shares during the period. Transdigm Group makes up approximately 1.5% of Douglas Lane & Associates LLC’s holdings, making the stock its 12th biggest holding. Douglas Lane & Associates LLC’s holdings in Transdigm Group were worth $108,736,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TDG. Saudi Central Bank acquired a new position in shares of Transdigm Group during the first quarter worth approximately $30,000. Bank of Jackson Hole Trust raised its position in Transdigm Group by 84.6% in the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 11 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in Transdigm Group by 1,250.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after buying an additional 25 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in Transdigm Group in the 2nd quarter valued at $47,000. Finally, NewSquare Capital LLC boosted its position in Transdigm Group by 48.3% in the 2nd quarter. NewSquare Capital LLC now owns 43 shares of the aerospace company’s stock valued at $65,000 after buying an additional 14 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Insider Activity at Transdigm Group

In other Transdigm Group news, COO Patrick Joseph Murphy sold 290 shares of Transdigm Group stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $1,351.06, for a total value of $391,807.40. Following the transaction, the chief operating officer owned 1,055 shares of the company’s stock, valued at approximately $1,425,368.30. The trade was a 21.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert J. Small sold 4,700 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $1,290.19, for a total transaction of $6,063,893.00. Following the completion of the transaction, the director owned 5,625 shares of the company’s stock, valued at $7,257,318.75. This trade represents a 45.52% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 150,311 shares of company stock valued at $200,845,727. Corporate insiders own 4.09% of the company’s stock.

Analyst Ratings Changes

TDG has been the topic of several research reports. Morgan Stanley upped their price target on Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 15th. Jefferies Financial Group reduced their target price on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research note on Wednesday, September 17th. Susquehanna lowered their target price on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a report on Thursday, October 9th. Finally, BMO Capital Markets boosted their target price on Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,576.29.

Transdigm Group Trading Up 1.2%

Shares of Transdigm Group stock opened at $1,277.51 on Friday. The stock’s fifty day simple moving average is $1,315.02 and its 200 day simple moving average is $1,384.93. The company has a market capitalization of $71.95 billion, a PE ratio of 39.82, a PEG ratio of 2.82 and a beta of 0.94. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.33 by $0.49. Transdigm Group had a negative return on equity of 31.91% and a net margin of 21.69%.The company had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same period in the prior year, the company earned $9.83 earnings per share. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Company Profile

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.