Pittenger & Anderson Inc. Acquires 723 Shares of Transdigm Group Incorporated $TDG

Pittenger & Anderson Inc. grew its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 7.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,735 shares of the aerospace company’s stock after purchasing 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 reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Gateway Investment Advisers LLC boosted its position in Transdigm Group by 0.7% during the third quarter. Gateway Investment Advisers LLC now owns 1,182 shares of the aerospace company’s stock worth $1,558,000 after purchasing an additional 8 shares during the period. Tower Wealth Partners Inc. lifted its holdings in shares of Transdigm Group by 4.5% in the third quarter. Tower Wealth Partners Inc. now owns 187 shares of the aerospace company’s stock worth $246,000 after buying an additional 8 shares in the last quarter. 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. Fifth Third Wealth Advisors LLC lifted its holdings in shares of Transdigm Group by 1.9% in the third quarter. Fifth Third Wealth Advisors LLC now owns 479 shares of the aerospace company’s stock worth $631,000 after buying an additional 9 shares in the last quarter. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Transdigm Group by 5.6% in the third quarter. Parkside Financial Bank & Trust now owns 171 shares of the aerospace company’s stock worth $225,000 after buying an additional 9 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on TDG shares. Weiss Ratings downgraded shares of Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. UBS Group lowered their price target 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. Wells Fargo & Company started coverage on shares of Transdigm Group in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price target on the stock. KeyCorp downgraded shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. Finally, Robert W. Baird reissued a “neutral” rating and issued a $1,400.00 price target on shares of Transdigm Group in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,567.40.

Insiders Place Their Bets

In related news, CEO Michael Lisman bought 950 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were acquired at an average cost of $1,284.26 per share, with a total value of $1,220,047.00. Following the completion of the purchase, the chief executive officer directly owned 3,259 shares of the company’s stock, valued at $4,185,403.34. This trade represents a 41.14% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Patrick Joseph Murphy sold 290 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $1,430.10, for a total transaction of $414,729.00. Following the completion of the sale, the chief operating officer directly owned 1,055 shares in the company, valued at $1,508,755.50. This represents a 21.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 86,522 shares of company stock valued at $117,197,926 over the last three months. Corporate insiders own 3.20% of the company’s stock.

Transdigm Group Price Performance

Shares of TDG opened at $1,155.75 on Friday. The firm’s 50 day simple moving average is $1,223.02 and its 200 day simple moving average is $1,296.55. The company has a market capitalization of $65.27 billion, a P/E ratio of 37.19, a P/E/G ratio of 2.44 and a beta of 0.90. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share 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 the consensus estimate of $2.26 billion. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. Transdigm Group’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period last year, the firm posted $7.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. On average, equities analysts anticipate that Transdigm Group Incorporated will post 36.71 earnings per share for the current 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.