Gardner Lewis Asset Management L P Reduces Stake in Transdigm Group Incorporated $TDG

Gardner Lewis Asset Management L P lessened its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 29.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,367 shares of the aerospace company’s stock after selling 2,197 shares during the quarter. Transdigm Group accounts for 1.7% of Gardner Lewis Asset Management L P’s portfolio, making the stock its 18th biggest holding. Gardner Lewis Asset Management L P’s holdings in Transdigm Group were worth $7,074,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new stake in shares of Transdigm Group during the 3rd quarter valued at about $26,000. Bank of Jackson Hole Trust grew its position in Transdigm Group by 84.6% during the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after buying an additional 11 shares during the period. Hantz Financial Services Inc. increased its holdings in Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock valued at $41,000 after buying an additional 25 shares during the last quarter. Security National Bank bought a new position in Transdigm Group in the third quarter worth approximately $53,000. Finally, NewSquare Capital LLC raised its position in Transdigm Group by 48.3% in the second quarter. NewSquare Capital LLC now owns 43 shares of the aerospace company’s stock worth $65,000 after acquiring an additional 14 shares during the period. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Up 0.7%

NYSE TDG opened at $1,339.96 on Friday. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The business has a 50-day moving average price of $1,349.97 and a 200-day moving average price of $1,335.27. The firm has a market cap of $75.67 billion, a price-to-earnings ratio of 43.11, a price-to-earnings-growth ratio of 2.87 and a beta of 0.92.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, topping analysts’ consensus estimates of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same period in the previous year, the firm earned $7.83 EPS. The firm’s revenue was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Research analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. BNP Paribas Exane began coverage on Transdigm Group in a report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 price target for the company. Zacks Research upgraded Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. BMO Capital Markets lifted their price objective on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Finally, Royal Bank Of Canada increased their target price on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,584.44.

Insider Activity at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $5,147,712. The trade was a 52.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kevin M. Stein sold 11,075 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $1,434.49, for a total transaction of $15,886,976.75. Following the transaction, the director directly owned 8,158 shares of the company’s stock, valued at $11,702,569.42. This trade represents a 57.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 228,658 shares of company stock valued at $313,263,459. 3.20% of the stock is currently owned by 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.