Advent International L.P. Decreases Holdings in Transdigm Group Incorporated $TDG

Advent International L.P. trimmed its stake in Transdigm Group Incorporated (NYSE:TDG) by 18.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,154 shares of the aerospace company’s stock after selling 7,375 shares during the quarter. Transdigm Group makes up 1.6% of Advent International L.P.’s holdings, making the stock its 15th biggest position. Advent International L.P. owned approximately 0.06% of Transdigm Group worth $48,895,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Transdigm Group by 5.3% in the 2nd quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock worth $10,178,995,000 after purchasing an additional 333,965 shares during the period. State Street Corp increased its position in Transdigm Group by 2.5% in the second quarter. State Street Corp now owns 2,343,288 shares of the aerospace company’s stock worth $3,563,297,000 after buying an additional 56,141 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Transdigm Group by 1.5% in the second quarter. Geode Capital Management LLC now owns 1,214,396 shares of the aerospace company’s stock valued at $1,837,459,000 after buying an additional 17,946 shares during the period. Norges Bank bought a new stake in shares of Transdigm Group in the second quarter valued at $1,275,035,000. Finally, Edgewood Management LLC lifted its position in shares of Transdigm Group by 6.2% during the 2nd quarter. Edgewood Management LLC now owns 696,211 shares of the aerospace company’s stock valued at $1,058,686,000 after buying an additional 40,837 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Insider Activity

In other news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $1,340.00, for a total transaction of $5,226,000.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,824,000. The trade was a 52.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kevin M. Stein sold 17,526 shares of the company’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $1,362.29, for a total transaction of $23,875,494.54. Following the completion of the transaction, the director directly owned 8,158 shares in the company, valued at approximately $11,113,561.82. The trade was a 68.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 149,147 shares of company stock valued at $199,321,537 in the last quarter. 4.09% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on TDG. UBS Group lifted their price objective on Transdigm Group from $1,738.00 to $1,798.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Morgan Stanley increased their target price on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday. Truist Financial dropped their price target on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research note on Wednesday, October 15th. Finally, BNP Paribas Exane started coverage on shares of Transdigm Group in a report on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,576.29.

Transdigm Group Stock Down 1.8%

TDG stock opened at $1,293.92 on Friday. The stock has a 50-day simple moving average of $1,316.13 and a two-hundred day simple moving average of $1,391.93. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The firm has a market capitalization of $72.87 billion, a PE ratio of 40.33, a PEG ratio of 2.93 and a beta of 0.94.

Transdigm Group (NYSE:TDG) last released its quarterly earnings data on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. The company had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a net margin of 21.69% and a negative return on equity of 31.91%. Transdigm Group’s revenue was up 11.5% compared to the same quarter last year. During the same period last year, the business earned $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.