First Trust Advisors LP Has $67.58 Million Stock Position in Transdigm Group Incorporated $TDG

First Trust Advisors LP raised its position in Transdigm Group Incorporated (NYSE:TDG) by 25.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,308 shares of the aerospace company’s stock after purchasing an additional 11,974 shares during the quarter. First Trust Advisors LP’s holdings in Transdigm Group were worth $67,577,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc grew its position in Transdigm Group by 392.9% in the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock worth $2,117,000 after acquiring an additional 1,269 shares in the last quarter. DNB Asset Management AS raised its holdings in shares of Transdigm Group by 11.6% during the 4th quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company’s stock valued at $34,342,000 after purchasing an additional 2,685 shares in the last quarter. HighTower Advisors LLC lifted its stake in shares of Transdigm Group by 8.0% in the 4th quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company’s stock valued at $22,914,000 after purchasing an additional 1,281 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Transdigm Group by 12.2% in the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after purchasing an additional 268,824 shares during the last quarter. Finally, Pier 88 Investment Partners LLC acquired a new stake in shares of Transdigm Group in the fourth quarter worth about $3,192,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Transdigm Group Trading Up 1.8%

TDG opened at $1,236.11 on Friday. The business has a 50 day moving average of $1,261.52 and a 200-day moving average of $1,270.10. The stock has a market capitalization 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. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-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, topping 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 business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same quarter in the previous year, the firm posted $9.11 earnings per share. Transdigm Group’s revenue was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Equities analysts predict that Transdigm Group Incorporated will post 37.77 EPS for the current year.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,900 shares of the business’s 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 sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,596,408. The trade was a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total transaction of $13,369,680.60. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at $28,433,663.40. This trade represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 28,064 shares of company stock worth $34,814,142. 3.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on TDG. Wall Street Zen cut Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. UBS Group dropped their price target on shares of Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company initiated coverage on shares of Transdigm Group in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price objective for the company. Susquehanna decreased their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Finally, Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Seven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Transdigm Group presently has an average rating of “Hold” and a consensus target price of $1,477.47.

Transdigm Group 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.