Goodnow Investment Group LLC Grows Position in Transdigm Group Incorporated $TDG

Goodnow Investment Group LLC raised its position in Transdigm Group Incorporated (NYSE:TDG) by 7.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,442 shares of the aerospace company’s stock after acquiring an additional 1,095 shares during the quarter. Transdigm Group makes up about 1.9% of Goodnow Investment Group LLC’s holdings, making the stock its 15th biggest holding. Goodnow Investment Group LLC’s holdings in Transdigm Group were worth $20,536,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Empowered Funds LLC grew its stake in shares of Transdigm Group by 5.0% during the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after purchasing an additional 65 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Transdigm Group by 92.3% during the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after buying an additional 131 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Transdigm Group by 152.9% during the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock worth $3,138,000 after acquiring an additional 1,248 shares in the last quarter. Sei Investments Co. increased its holdings in shares of Transdigm Group by 25.4% in the 2nd quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock valued at $50,227,000 after acquiring an additional 6,697 shares during the last quarter. Finally, Treasurer of the State of North Carolina raised its position in shares of Transdigm Group by 3.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock worth $39,264,000 after acquiring an additional 902 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other 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 value 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $1,213.05, for a total transaction of $12,290,622.60. Following the sale, the director owned 21,548 shares of the company’s stock, valued at $26,138,801.40. This trade represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 38,196 shares of company stock worth $46,567,024. 3.20% of the stock is currently owned by company insiders.

Transdigm Group Trading Up 1.6%

TDG stock opened at $1,275.52 on Tuesday. The company has a market capitalization of $71.34 billion, a P/E ratio of 39.81, a PEG ratio of 2.20 and a beta of 0.91. The business has a 50 day simple moving average of $1,213.88 and a 200-day simple moving average of $1,276.85. 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 announced its earnings results 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 business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.47 billion. During the same period in the previous year, the company posted $9.11 EPS. The company’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. Research analysts predict that Transdigm Group Incorporated will post 37.82 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TDG has been the subject of a number of research analyst reports. Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. 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. JPMorgan Chase & Co. upped their target price on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a report on Monday. TD Cowen cut their price target on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Finally, Stifel Nicolaus reduced their price target on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Transdigm Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,525.06.

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.