Mill Capital Management LLC Purchases New Shares in Transdigm Group Incorporated $TDG

Mill Capital Management LLC purchased a new position in Transdigm Group Incorporated (NYSE:TDG) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 25,115 shares of the aerospace company’s stock, valued at approximately $33,454,000. Transdigm Group comprises approximately 2.2% of Mill Capital Management LLC’s holdings, making the stock its 14th biggest position.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. IFP Advisors Inc lifted its holdings in shares of Transdigm Group by 392.9% in the 4th 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 during the last quarter. DNB Asset Management AS grew its holdings in 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 during the last quarter. HighTower Advisors LLC grew its holdings in Transdigm Group by 8.0% during 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 raised its position in 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 worth $3,293,527,000 after purchasing an additional 268,824 shares during the period. Finally, Pier 88 Investment Partners LLC purchased a new stake in Transdigm Group in the 4th quarter worth about $3,192,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Stock Up 0.7%

Transdigm Group stock opened at $1,254.46 on Friday. The business has a fifty day moving average of $1,271.84 and a two-hundred day moving average of $1,254.02. The firm has a market cap of $70.16 billion, a P/E ratio of 38.06, a P/E/G ratio of 2.08 and a beta of 0.91. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,463.03.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.30 by $0.57. The business had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The business’s revenue for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the firm earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Equities analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have issued reports on TDG shares. Deutsche Bank Aktiengesellschaft boosted their target price on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Morgan Stanley downgraded Transdigm Group from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. UBS Group boosted their price objective on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, BNP Paribas Exane cut their price objective on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, Transdigm Group has an average rating of “Hold” and an average target price of $1,463.71.

Insider Transactions at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at approximately $26,204,091.84. The trade was a 31.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 34,296 shares of company stock worth $42,634,513. 3.20% of the stock is owned by corporate insiders.

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.