Transdigm Group Incorporated $TDG Stock: Sigma Investment Counselors Inc. Grows Stake

Sigma Investment Counselors Inc. lifted its holdings in Transdigm Group Incorporated (NYSE:TDG) by 32.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,371 shares of the aerospace company’s stock after purchasing an additional 1,061 shares during the period. Sigma Investment Counselors Inc.’s holdings in Transdigm Group were worth $4,732,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Burkett Financial Services LLC acquired a new position in Transdigm Group during the second quarter worth $25,000. Western Wealth Management LLC bought a new position in Transdigm Group during the first quarter valued at about $30,000. Meeder Asset Management Inc. bought a new position in Transdigm Group during the second quarter valued at about $31,000. Reyes Financial Architecture Inc. bought a new position in Transdigm Group during the third quarter valued at about $32,000. Finally, Trust Co. of Vermont acquired a new stake in shares of Transdigm Group in the second quarter worth about $33,000. 95.78% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have weighed in on TDG. TD Cowen reduced their price target on Transdigm Group from $1,450.00 to $1,300.00 and set a “buy” rating for the company in a research report on Friday, October 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Transdigm Group in a report on Friday, August 28th. Stifel Nicolaus reissued a “hold” rating and set a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. UBS Group raised their price objective on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Finally, JPMorgan Chase & Co. reduced their target price on Transdigm Group from $1,450.00 to $1,415.00 and set a “neutral” rating for the company in a report on Thursday, September 17th. Five equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, Transdigm Group presently has a consensus rating of “Hold” and an average price target of $1,428.40.

Transdigm Group Price Performance

Shares of TDG opened at $1,131.51 on Wednesday. The company has a market capitalization of $63.29 billion, a PE ratio of 34.33 and a beta of 0.96. Transdigm Group Incorporated has a one year low of $1,071.25 and a one year high of $1,463.03. The company’s fifty day moving average price is $1,132.91 and its 200 day moving average price is $1,232.20.

Transdigm Group (NYSE:TDG) last issued its quarterly 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 business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same period in the prior year, the firm earned $9.60 earnings per share. The business’s quarterly 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 anticipate that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Insider Buying and Selling

In related news, COO Joel Reiss sold 4,100 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $1,128.04, for a total value of $4,624,964.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,060,944. This trade represents a 53.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W. Howley sold 10,132 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the completion of the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $26,639,361.44. This trade represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 22,032 shares of company stock valued at $26,250,979 in the last quarter. Corporate insiders own 3.20% of the company’s stock.

About Transdigm Group

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.