Marks Group Wealth Management Inc Has $2.25 Million Position in Transdigm Group Incorporated $TDG

Marks Group Wealth Management Inc reduced its stake in Transdigm Group Incorporated (NYSE:TDG) by 27.5% during the 1st quarter, HoldingsChannel reports. The fund owned 1,937 shares of the aerospace company’s stock after selling 733 shares during the quarter. Marks Group Wealth Management Inc’s holdings in Transdigm Group were worth $2,245,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Transdigm Group by 39.4% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 10,566 shares of the aerospace company’s stock worth $12,246,000 after purchasing an additional 2,985 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH raised its stake in Transdigm Group by 268.7% in the 1st quarter. MASTERINVEST Kapitalanlage GmbH now owns 778 shares of the aerospace company’s stock worth $902,000 after purchasing an additional 567 shares in the last quarter. Sigma Planning Corp grew its position in Transdigm Group by 40.3% during the first quarter. Sigma Planning Corp now owns 223 shares of the aerospace company’s stock worth $259,000 after buying an additional 64 shares in the last quarter. Checchi Capital Advisers LLC raised its stake in Transdigm Group by 9.8% in the first quarter. Checchi Capital Advisers LLC now owns 937 shares of the aerospace company’s stock valued at $1,085,000 after purchasing an additional 84 shares in the last quarter. Finally, TFR Capital LLC. increased its stake in Transdigm Group by 1.6% in the first quarter. TFR Capital LLC. now owns 885 shares of the aerospace company’s stock valued at $1,026,000 after acquiring an additional 14 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total value 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 $4,596,408. The trade was a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the sale, the director owned 21,548 shares of the company’s stock, valued at $28,433,663.40. This represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 38,196 shares of company stock valued at $47,631,730. Company insiders own 3.20% of the company’s stock.

Transdigm Group Trading Down 0.2%

TDG stock opened at $1,229.34 on Friday. The firm has a 50 day moving average of $1,258.80 and a 200-day moving average of $1,274.68. The firm has a market capitalization of $68.76 billion, a P/E ratio of 38.37, a price-to-earnings-growth ratio of 2.16 and a beta of 0.90. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The firm had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter last year, the company posted $9.11 EPS. The company’s revenue for the quarter was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Sell-side analysts predict that Transdigm Group Incorporated will post 37.96 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have commented on TDG shares. BNP Paribas Exane dropped their target price on 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. Royal Bank Of Canada dropped their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. TD Cowen decreased their target price on 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. BMO Capital Markets raised their price objective on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Seven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $1,477.47.

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.