Blacksheep Fund Management Ltd Invests $50.38 Million in Transdigm Group Incorporated $TDG

Blacksheep Fund Management Ltd bought a new stake in Transdigm Group Incorporated (NYSE:TDG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 38,220 shares of the aerospace company’s stock, valued at approximately $50,375,000. Transdigm Group accounts for 43.0% of Blacksheep Fund Management Ltd’s holdings, making the stock its largest position. Blacksheep Fund Management Ltd owned approximately 0.07% of Transdigm Group at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in TDG. Norges Bank bought a new stake in shares of Transdigm Group in the 2nd quarter valued at $1,275,035,000. Principal Financial Group Inc. grew its stake 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. Vanguard Group Inc. increased its position in Transdigm Group by 5.3% in the 2nd quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock valued at $10,178,995,000 after buying an additional 333,965 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Transdigm Group by 161.7% during the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after purchasing an additional 293,821 shares during the period. Finally, Capital International Investors lifted 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 worth $8,552,028,000 after purchasing an additional 254,750 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Kevin M. Stein sold 36,925 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the completion of the transaction, the director directly owned 19,233 shares of the company’s stock, valued at $27,422,219.07. This trade represents a 65.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Patrick Joseph Murphy sold 290 shares of Transdigm Group stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $1,430.10, for a total value of $414,729.00. Following the completion of the transaction, the chief operating officer owned 1,055 shares of the company’s stock, valued at approximately $1,508,755.50. This trade represents a 21.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 116,548 shares of company stock worth $162,754,991 in the last three months. Insiders own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

TDG has been the subject of several recent research reports. Zacks Research raised shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. BMO Capital Markets increased their price target on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Stifel Nicolaus dropped their price objective on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. Morgan Stanley lifted their price objective on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. Finally, Royal Bank Of Canada lifted their target price on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $1,584.44.

Transdigm Group Trading Down 2.7%

Transdigm Group stock opened at $1,224.39 on Friday. The company has a market cap of $69.14 billion, a price-to-earnings ratio of 39.39, a PEG ratio of 2.64 and a beta of 0.93. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The business’s 50 day simple moving average is $1,347.32 and its 200 day simple moving average is $1,324.68.

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

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.