Mangrove Partners IM LLC Invests $1.01 Million in Transdigm Group Incorporated $TDG

Mangrove Partners IM LLC purchased a new position in Transdigm Group Incorporated (NYSE:TDG) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 756 shares of the aerospace company’s stock, valued at approximately $1,005,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Central Pacific Bank Trust Division lifted its holdings in shares of Transdigm Group by 44.4% in the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after buying an additional 8 shares in the last quarter. Family Legacy Inc. raised its stake in Transdigm Group by 0.3% in the fourth quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after purchasing an additional 8 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake in Transdigm Group by 17.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after purchasing an additional 8 shares in the last quarter. Patton Fund Management Inc. raised its stake in Transdigm Group by 5.7% in the fourth quarter. Patton Fund Management Inc. now owns 167 shares of the aerospace company’s stock valued at $222,000 after purchasing an additional 9 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in Transdigm Group by 3.1% in the fourth quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock valued at $398,000 after purchasing an additional 9 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TDG shares. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a research note on Sunday. Weiss Ratings downgraded shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. BMO Capital Markets lowered their target price on shares of Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 31st. Royal Bank Of Canada decreased their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Finally, UBS Group decreased their price target on shares of Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,525.06.

Insiders Place Their Bets

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the sale, the director owned 21,548 shares of the company’s stock, valued at $25,444,309.36. This trade represents a 31.98% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was 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 in the company, valued at approximately $4,154,724. This trade represents a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 28,064 shares of company stock worth $34,276,401. Insiders own 3.20% of the company’s stock.

Transdigm Group Stock Up 2.0%

Shares of Transdigm Group stock opened at $1,303.24 on Wednesday. The firm has a market cap of $72.89 billion, a PE ratio of 40.68, a price-to-earnings-growth ratio of 2.24 and a beta of 0.91. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,623.82. The company’s fifty day simple moving average is $1,216.62 and its two-hundred day simple moving average is $1,276.50.

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

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.