Pittenger & Anderson Inc. Boosts Holdings in Transdigm Group Incorporated $TDG

Pittenger & Anderson Inc. grew its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 7.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,735 shares of the aerospace company’s stock after acquiring an additional 723 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Transdigm Group were worth $14,276,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Ares Financial Consulting LLC purchased a new position in shares of Transdigm Group during the fourth quarter worth approximately $25,000. Salomon & Ludwin LLC purchased a new position in shares of Transdigm Group during the third quarter worth approximately $26,000. Elevation Wealth Partners LLC raised its stake in shares of Transdigm Group by 1,100.0% during the fourth quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 22 shares in the last quarter. Wealth Watch Advisors INC purchased a new position in shares of Transdigm Group during the third quarter worth approximately $34,000. Finally, Central Pacific Bank Trust Division raised its stake in shares of Transdigm Group by 44.4% during the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 8 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction on Monday, April 20th. The shares were sold at an average price of $1,265.06, for a total value of $12,817,587.92. Following the sale, the director owned 21,548 shares in the company, valued at $27,259,512.88. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Michael Lisman purchased 950 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was bought at an average price of $1,284.26 per share, for a total transaction of $1,220,047.00. Following the acquisition, the chief executive officer owned 3,259 shares of the company’s stock, valued at $4,185,403.34. This represents a 41.14% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 86,522 shares of company stock valued at $117,197,926 over the last quarter. 3.20% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TDG has been the topic of several recent analyst reports. Weiss Ratings cut shares of Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. Wells Fargo & Company initiated coverage on shares of Transdigm Group in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 target price on the stock. KeyCorp cut shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. Robert W. Baird restated a “neutral” rating and issued a $1,400.00 target price on shares of Transdigm Group in a report on Wednesday, February 4th. Finally, UBS Group cut their target price on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,567.40.

Transdigm Group Stock Down 0.4%

NYSE:TDG opened at $1,155.75 on Friday. The stock has a market cap of $65.27 billion, a P/E ratio of 37.19, a price-to-earnings-growth ratio of 2.44 and a beta of 0.90. The firm’s fifty day simple moving average is $1,223.02 and its 200 day simple moving average is $1,296.55. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, beating the consensus estimate 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 net margin of 20.50% and a negative return on equity of 29.07%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. On average, analysts expect that Transdigm Group Incorporated will post 36.71 EPS for the current fiscal 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.