Atalan Capital Partners LP Has $116.56 Million Holdings in Transdigm Group Incorporated $TDG

Atalan Capital Partners LP lowered its stake in Transdigm Group Incorporated (NYSE:TDG) by 5.5% in the fourth quarter, Holdings Channel reports. The fund owned 87,650 shares of the aerospace company’s stock after selling 5,100 shares during the quarter. Transdigm Group accounts for approximately 8.3% of Atalan Capital Partners LP’s investment portfolio, making the stock its 6th largest holding. Atalan Capital Partners LP’s holdings in Transdigm Group were worth $116,561,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TDG. Norges Bank bought a new position in shares of Transdigm Group in the fourth quarter worth about $1,025,591,000. Franklin Resources Inc. boosted its stake in shares of Transdigm Group by 161.7% during the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock valued at $626,704,000 after purchasing an additional 293,821 shares in the last quarter. Capital Research Global Investors boosted its stake in shares of Transdigm Group by 12.2% during the fourth 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 in the last quarter. Capital International Investors boosted its stake in shares of Transdigm Group by 4.1% during the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after purchasing an additional 254,750 shares in the last quarter. Finally, Temasek Holdings Private Ltd acquired a new stake in shares of Transdigm Group during the fourth quarter valued at about $193,544,000. Institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on TDG shares. Wells Fargo & Company started coverage on Transdigm Group in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price target on the stock. Royal Bank Of Canada cut their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Morgan Stanley lifted their price target on Transdigm Group from $1,660.00 to $1,680.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research note on Sunday. Finally, UBS Group cut their price target on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Transdigm Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,525.06.

Transdigm Group Price Performance

Transdigm Group stock opened at $1,303.24 on Wednesday. The stock’s 50 day moving average is $1,216.62 and its 200 day moving average is $1,276.50. The firm has a market cap of $72.89 billion, a P/E ratio of 40.68, a P/E/G ratio of 2.24 and a beta of 0.91. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The firm’s quarterly revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the firm earned $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Equities analysts anticipate that Transdigm Group Incorporated will post 37.82 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $1,265.06, for a total value of $12,817,587.92. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $27,259,512.88. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,154,724. This represents a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 28,064 shares of company stock worth $34,276,401. 3.20% of the stock is owned by insiders.

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.