Perigon Wealth Management LLC Buys New Stake in Transdigm Group Incorporated $TDG

Perigon Wealth Management LLC acquired a new position in Transdigm Group Incorporated (NYSE:TDG) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 747 shares of the aerospace company’s stock, valued at approximately $995,000.

Several other hedge funds also recently added to or reduced their stakes in TDG. Family Legacy Inc. raised its position in shares of Transdigm Group by 0.3% in the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after purchasing an additional 8 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its stake in Transdigm Group by 17.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after purchasing an additional 8 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Transdigm Group by 3.1% in the fourth quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock worth $398,000 after buying an additional 9 shares during the last quarter. Root Financial Partners LLC grew its holdings in shares of Transdigm Group by 6.2% during the fourth quarter. Root Financial Partners LLC now owns 155 shares of the aerospace company’s stock valued at $206,000 after buying an additional 9 shares during the last quarter. Finally, Harbour Investments Inc. increased its position in shares of Transdigm Group by 13.6% in the 4th quarter. Harbour Investments Inc. now owns 75 shares of the aerospace company’s stock valued at $100,000 after acquiring an additional 9 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on TDG. Weiss Ratings cut shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Stifel Nicolaus restated a “hold” rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. UBS Group lifted their price target on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. boosted their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Finally, Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $1,463.71.

Insider Transactions at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at approximately $26,204,091.84. The trade was a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,459,536. The trade was a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 28,064 shares of company stock worth $35,501,609 in the last ninety days. 3.20% of the stock is currently owned by corporate insiders.

Transdigm Group Trading Down 0.1%

NYSE:TDG opened at $1,236.76 on Wednesday. The company has a market cap of $69.17 billion, a P/E ratio of 37.52, a P/E/G ratio of 2.10 and a beta of 0.91. The company’s 50-day moving average price is $1,272.09 and its 200-day moving average price is $1,250.15. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,463.03.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same period last year, the company earned $9.60 EPS. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

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.