Griffin Asset Management Inc. Buys New Position in Transdigm Group Incorporated $TDG

Griffin Asset Management Inc. bought a new stake in Transdigm Group Incorporated (NYSE:TDG) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 750 shares of the aerospace company’s stock, valued at approximately $997,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ares Financial Consulting LLC bought a new position in Transdigm Group in the 4th quarter valued at about $25,000. Elyxium Wealth LLC bought a new position in Transdigm Group in the 4th quarter valued at about $25,000. Elevation Wealth Partners LLC grew its position in Transdigm Group by 1,100.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock valued at $32,000 after buying an additional 22 shares in the last quarter. Wealth Watch Advisors INC bought a new position in Transdigm Group in the 3rd quarter valued at about $34,000. Finally, Central Pacific Bank Trust Division grew its position in Transdigm Group by 44.4% in the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock valued at $35,000 after buying an additional 8 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Trading Up 1.7%

TDG stock opened at $1,198.64 on Thursday. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82. The firm has a market capitalization of $67.04 billion, a PE ratio of 37.41, a P/E/G ratio of 2.06 and a beta of 0.90. The firm has a 50-day moving average of $1,196.95 and a two-hundred day moving average of $1,286.84.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, beating analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. During the same period in the prior year, the firm earned $9.11 earnings per share. The business’s quarterly revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, equities research analysts anticipate that Transdigm Group Incorporated will post 37.82 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on TDG shares. Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 target price on shares of Transdigm Group in a research report on Wednesday, February 4th. BNP Paribas Exane reduced their price objective on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. BMO Capital Markets reduced their price objective on shares of Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating for the company in a research report on Tuesday, March 31st. Weiss Ratings lowered shares of Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. Finally, Jefferies Financial Group raised their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,524.18.

Insider Transactions at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,154,724. This represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at $25,444,309.36. This represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 42,096 shares of company stock valued at $51,417,454 over the last ninety days. Insiders own 3.20% of the company’s stock.

Transdigm Group 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.