Chicago Capital LLC Cuts Stake in Transdigm Group Incorporated $TDG

Chicago Capital LLC cut its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 0.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,508 shares of the aerospace company’s stock after selling 465 shares during the quarter. Transdigm Group comprises approximately 1.8% of Chicago Capital LLC’s portfolio, making the stock its 20th biggest position. Chicago Capital LLC owned approximately 0.10% of Transdigm Group worth $71,842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new position in Transdigm Group in the 3rd quarter worth approximately $26,000. Bank of Jackson Hole Trust increased its holdings in shares of Transdigm Group by 84.6% in the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 11 shares in the last quarter. Hantz Financial Services Inc. raised its stake in shares of Transdigm Group by 1,250.0% in the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares during the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Transdigm Group during the second quarter valued at $47,000. Finally, Security National Bank bought a new position in shares of Transdigm Group during the third quarter valued at $53,000. Institutional investors own 95.78% of the company’s stock.

Insider Activity at Transdigm Group

In related news, Director Kevin M. Stein sold 17,526 shares of the firm’s stock in a transaction on Thursday, December 4th. The shares were 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 of the company’s stock, valued at approximately $11,113,561.82. This trade represents a 68.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $1,298.87, for a total transaction of $3,553,708.32. Following the completion of the sale, the director owned 21,548 shares in the company, valued at approximately $27,988,050.76. This represents a 11.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 147,601 shares of company stock worth $197,402,935 in the last three months. Insiders own 4.09% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. BMO Capital Markets lifted their price objective on Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. Susquehanna dropped their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a report on Thursday, October 9th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. Stifel Nicolaus cut their price objective on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. Finally, Royal Bank Of Canada raised their target price on 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 analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,596.60.

Transdigm Group Stock Up 0.6%

Shares of Transdigm Group stock opened at $1,367.19 on Tuesday. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The stock’s 50-day simple moving average is $1,318.96 and its 200-day simple moving average is $1,375.94. The company has a market capitalization of $77.00 billion, a price-to-earnings ratio of 42.62, a PEG ratio of 3.00 and a beta of 0.94.

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

About Transdigm Group

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.