Bingham Private Wealth LLC Takes Position in Transdigm Group Incorporated $TDG

Bingham Private Wealth LLC purchased a new stake in Transdigm Group Incorporated (NYSE:TDG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 435 shares of the aerospace company’s stock, valued at approximately $578,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Transdigm Group by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock valued at $8,982,225,000 after buying an additional 121,049 shares during the period. Capital International Investors grew its holdings in shares of Transdigm Group by 4.1% in the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after buying an additional 254,750 shares during the period. State Street Corp grew its holdings in shares of Transdigm Group by 1.9% in the 3rd quarter. State Street Corp now owns 2,388,838 shares of the aerospace company’s stock valued at $3,148,536,000 after buying an additional 45,550 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Transdigm Group by 18.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after buying an additional 367,756 shares during the period. Finally, Capital Research Global Investors grew its holdings in shares of Transdigm Group by 10.2% in the 3rd quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock valued at $2,909,850,000 after buying an additional 203,997 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Trading Up 5.1%

TDG opened at $1,296.54 on Wednesday. The stock has a market capitalization of $73.22 billion, a P/E ratio of 41.72, a P/E/G ratio of 2.60 and a beta of 0.98. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82. The firm’s fifty day simple moving average is $1,247.02 and its 200 day simple moving average is $1,304.41.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, topping the consensus estimate of $7.99 by $0.24. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same period in the previous year, the firm posted $7.83 EPS. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. On average, equities research analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insider Activity

In other Transdigm Group news, CEO Michael Lisman purchased 950 shares of the business’s stock in a transaction on Friday, February 6th. The shares were purchased at an average cost of $1,284.26 per share, with a total value of $1,220,047.00. Following the transaction, the chief executive officer directly owned 3,259 shares of the company’s stock, valued at $4,185,403.34. This represents a 41.14% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $1,243.70, for a total transaction of $4,850,430.00. Following the sale, the chief operating officer directly owned 3,600 shares in the company, valued at $4,477,320. This trade represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 76,390 shares of company stock worth $104,963,232. 3.20% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

TDG has been the topic of several research reports. UBS Group cut their price objective on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Wells Fargo & Company initiated coverage on shares of Transdigm Group in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price objective on the stock. Weiss Ratings cut shares of Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. Robert W. Baird reaffirmed a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a research report on Wednesday, February 4th. Finally, KeyCorp cut shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,567.40.

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.