Family Legacy Inc. Acquires New Position in Transdigm Group Incorporated $TDG

Family Legacy Inc. bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,440 shares of the aerospace company’s stock, valued at approximately $3,250,000.

Other institutional investors also recently bought and sold shares of the company. Clearstead Trust LLC acquired a new stake in shares of Transdigm Group during the second quarter worth $100,000. Compound Global Advisors LLC acquired a new position in Transdigm Group in the second quarter valued at $167,000. Mill Capital Management LLC purchased a new position in Transdigm Group during the second quarter worth about $33,454,000. Northside Capital Management LLC acquired a new stake in Transdigm Group in the 2nd quarter worth about $599,000. Finally, Handelsbanken Fonder AB purchased a new stake in Transdigm Group in the 2nd quarter valued at about $232,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Transdigm Group Stock Performance

Shares of NYSE:TDG opened at $1,254.46 on Friday. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,463.03. The stock has a market capitalization of $70.16 billion, a P/E ratio of 38.06, a PEG ratio of 2.10 and a beta of 0.91. The stock has a 50-day simple moving average of $1,271.84 and a 200-day simple moving average of $1,254.02.

Transdigm Group (NYSE:TDG) last posted its earnings results 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 firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter in the prior year, the company earned $9.60 EPS. The company’s revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Analysts predict that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Insider Buying and Selling at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,596,408. This represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction 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 completion of the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $26,204,091.84. This represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 34,296 shares of company stock valued at $42,634,513 in the last three months. Company insiders own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Jefferies Financial Group boosted their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. BMO Capital Markets upped their price target on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft increased their price target on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. Finally, UBS Group lifted their price target on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Six analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $1,463.71.

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.