Mangrove Partners IM LLC Invests $1.01 Million in Transdigm Group Incorporated $TDG

Mangrove Partners IM LLC purchased a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 756 shares of the aerospace company’s stock, valued at approximately $1,005,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Heard Capital LLC grew its position in Transdigm Group by 8.9% during the fourth quarter. Heard Capital LLC now owns 170,629 shares of the aerospace company’s stock valued at $226,911,000 after buying an additional 13,906 shares during the period. Graham Capital Management L.P. bought a new position in Transdigm Group during the fourth quarter valued at about $3,724,000. Delta Global Management LP bought a new position in Transdigm Group during the fourth quarter valued at about $721,000. Temasek Holdings Private Ltd bought a new position in Transdigm Group during the fourth quarter valued at about $193,544,000. Finally, Goodnow Investment Group LLC grew its position in Transdigm Group by 7.6% during the fourth quarter. Goodnow Investment Group LLC now owns 15,442 shares of the aerospace company’s stock valued at $20,536,000 after buying an additional 1,095 shares during the period. Institutional investors own 95.78% of the company’s stock.

Insider Transactions at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $1,265.06, for a total value of $12,817,587.92. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at approximately $27,259,512.88. This represents a 31.98% 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, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,154,724. The trade was a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 28,064 shares of company stock valued at $34,276,401 in the last quarter. Company insiders own 3.20% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TDG. TD Cowen reduced their price target on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. BNP Paribas Exane reduced their price target on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. JPMorgan Chase & Co. increased their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research report on Monday. Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Sunday. Finally, Royal Bank Of Canada reduced their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,525.06.

Transdigm Group Stock Up 2.0%

Shares of NYSE:TDG opened at $1,303.24 on Wednesday. The firm has a market capitalization of $72.89 billion, a PE ratio of 40.68, a P/E/G ratio of 2.24 and a beta of 0.91. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82. The company has a 50-day moving average price of $1,216.62 and a two-hundred day moving average price of $1,276.50.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The company’s quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the business earned $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Analysts anticipate that Transdigm Group Incorporated will post 37.82 earnings per share for the current fiscal year.

Transdigm Group Company 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.