Meeder Advisory Services Inc. bought a new position in Transdigm Group Incorporated (NYSE:TDG – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 1,320 shares of the aerospace company’s stock, valued at approximately $1,759,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Meeder Asset Management Inc. bought a new position in shares of Transdigm Group in the second quarter valued at approximately $31,000. Citizens Financial Group Inc. RI bought a new stake in Transdigm Group during the 2nd quarter worth approximately $3,701,000. Texas Capital Bank Wealth Management Services Inc purchased a new stake in Transdigm Group in the 2nd quarter worth approximately $304,000. Cornerstone Advisors LLC purchased a new stake in Transdigm Group in the 2nd quarter worth approximately $12,864,000. Finally, Banco BTG Pactual S.A. bought a new position in Transdigm Group in the 2nd quarter valued at $510,000. 95.78% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated 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 completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at $4,459,536. This represents a 52.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, 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 transaction of $12,321,322.56. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at $26,204,091.84. This 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 sold 28,064 shares of company stock valued at $35,501,609. Company insiders own 3.20% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Report on TDG
Transdigm Group Price Performance
Shares of NYSE:TDG opened at $1,236.76 on Wednesday. The company’s fifty day moving average price is $1,272.09 and its 200-day moving average price is $1,250.15. The firm has a market capitalization of $69.17 billion, a price-to-earnings ratio of 37.52, a PEG ratio of 2.10 and a beta of 0.91. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,463.03.
Transdigm Group (NYSE:TDG – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same period in the previous year, the firm posted $9.60 EPS. The firm’s revenue was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, equities research analysts expect that Transdigm Group Incorporated will post 38.81 EPS for the current year.
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.
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