NEOS Investment Management LLC Purchases 597 Shares of Transdigm Group Incorporated $TDG

NEOS Investment Management LLC lifted its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 7.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,802 shares of the aerospace company’s stock after purchasing an additional 597 shares during the quarter. NEOS Investment Management LLC’s holdings in Transdigm Group were worth $11,725,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital International Investors lifted its stake in Transdigm Group by 0.9% during the fourth quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock worth $8,702,655,000 after purchasing an additional 55,230 shares during the period. BlackRock Inc. acquired a new position in shares of Transdigm Group in the 2nd quarter worth approximately $6,489,039,000. Capital World Investors raised its holdings in shares of Transdigm Group by 0.4% in the 4th quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock worth $5,258,898,000 after buying an additional 15,825 shares in the last quarter. Capital Research Global Investors lifted its position in shares of Transdigm Group by 12.2% during the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after buying an additional 268,824 shares during the period. Finally, State Street Corp lifted its position in shares of Transdigm Group by 2.8% during the 4th quarter. State Street Corp now owns 2,456,186 shares of the aerospace company’s stock worth $3,266,359,000 after buying an additional 67,348 shares during the period. 95.78% of the stock is owned by institutional investors.

Insider Activity

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

Transdigm Group Stock Up 0.4%

Shares of TDG opened at $1,162.19 on Friday. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,463.03. The firm has a market capitalization of $65.00 billion, a PE ratio of 35.26, a price-to-earnings-growth ratio of 1.93 and a beta of 0.91. The stock’s fifty day simple moving average is $1,242.41 and its 200-day simple moving average is $1,237.60.

Transdigm Group (NYSE:TDG) last announced 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 firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The company’s revenue was up 22.5% on a year-over-year basis. During the same period last year, the company earned $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Analysts anticipate that Transdigm Group Incorporated will post 38.81 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on TDG shares. Weiss Ratings reiterated a “hold (c)” rating on shares of Transdigm Group in a research report on Friday, August 28th. Stifel Nicolaus restated a “hold” rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Morgan Stanley cut shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. Six investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,463.71.

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.