Transdigm Group Incorporated $TDG Shares Purchased by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC grew its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 20.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 3,011 shares of the aerospace company’s stock after purchasing an additional 516 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Transdigm Group were worth $3,260,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Burkett Financial Services LLC bought a new stake in Transdigm Group in the second quarter worth about $25,000. Western Wealth Management LLC acquired a new stake in Transdigm Group in the 1st quarter valued at about $30,000. Meeder Asset Management Inc. acquired a new stake in Transdigm Group in the 2nd quarter valued at about $31,000. Reyes Financial Architecture Inc. acquired a new stake in Transdigm Group in the 3rd quarter valued at about $32,000. Finally, Trust Co. of Vermont bought a new position in shares of Transdigm Group during the 2nd quarter valued at about $33,000. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Trading Up 0.2%

NYSE TDG opened at $1,131.51 on Wednesday. Transdigm Group Incorporated has a 1 year low of $1,071.25 and a 1 year high of $1,463.03. The company has a market cap of $63.29 billion, a PE ratio of 34.33 and a beta of 0.96. The stock’s 50-day moving average price is $1,132.91 and its two-hundred day moving average price is $1,232.20.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping the consensus estimate 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. The business’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Research analysts forecast that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Insider Activity at Transdigm Group

In other news, COO Joel Reiss sold 4,100 shares of Transdigm Group stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,060,944. The trade was a 53.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director W. Howley sold 10,132 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the transaction, the director directly owned 21,548 shares in the company, valued at $26,639,361.44. 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. Over the last quarter, insiders have sold 22,032 shares of company stock worth $26,250,979. Corporate insiders own 3.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on TDG shares. TD Cowen lowered their price objective on shares of Transdigm Group from $1,450.00 to $1,300.00 and set a “buy” rating on the stock in a research note on Friday, October 9th. Wells Fargo & Company cut their target price on shares of Transdigm Group from $1,450.00 to $1,210.00 and set an “equal weight” rating for the company in a research note on Wednesday, September 30th. Royal Bank Of Canada decreased their price target on shares of Transdigm Group from $1,350.00 to $1,200.00 and set a “sector perform” rating on the stock in a research report on Thursday, October 15th. The Goldman Sachs Group decreased their price target on shares of Transdigm Group from $1,972.00 to $1,745.00 and set a “buy” rating on the stock in a research report on Monday, October 12th. Finally, UBS Group upped their price target 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. Five investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $1,428.40.

Transdigm Group Profile

TransDigm Group Incorporated (NYSE: TDG) is a global aerospace manufacturing company that designs, produces and supplies aircraft components, systems and related products. Its portfolio includes mechanical and electrical systems, cockpit and cabin products, airframe components, power and control systems, engine components, and other specialized equipment used in commercial, business and general aviation, and military aircraft.

The company serves aircraft manufacturers, airlines, aircraft operators, maintenance providers and defense customers.