TransDigm Group
About: TransDigm manufactures and services a diverse set of specialized parts for commercial and military aircraft. The firm organizes itself in three segments: power and control, airframes, and a small non-aviation segment, which serves mostly off-road vehicles and mining equipment. It operates as an acquisitive holding company that focuses its portfolio on firms that make proprietary aerospace products with substantial aftermarket demand. TransDigm regularly employs financial leverage to amplify its operating results.
Employees: 15,500
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
141% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 49
43% more repeat investments, than reductions
Existing positions increased: 411 | Existing positions reduced: 287
17% more call options, than puts
Call options by funds: $199M | Put options by funds: $170M
8% more funds holding
Funds holding: 917 [Q1] → 986 (+69) [Q2]
3% more capital invested
Capital invested by funds: $66.1B [Q1] → $68B (+$1.91B) [Q2]
1.44% less ownership
Funds ownership: 96.54% [Q1] → 95.11% (-1.44%) [Q2]
2% less funds holding in top 10
Funds holding in top 10: 51 [Q1] → 50 (-1) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
JP Morgan Seth Seifman 74% 1-year accuracy 23 / 31 met price target | 16%upside $1,555 | Neutral Maintained | 14 Oct 2024 |
Deutsche Bank Scott Deuschle 86% 1-year accuracy 25 / 29 met price target | 17%upside $1,577 | Buy Maintained | 3 Oct 2024 |
JP Morgan Seth Seifman 74% 1-year accuracy 23 / 31 met price target | 7%upside $1,435 | Neutral Maintained | 4 Sept 2024 |
Jefferies Sheila Kahyaoglu 73% 1-year accuracy 11 / 15 met price target | 13%upside $1,515 | Buy Maintained | 13 Aug 2024 |
RBC Capital Ken Herbert 80% 1-year accuracy 40 / 50 met price target | 12%upside $1,500 | Outperform Reiterated | 7 Aug 2024 |
Financial journalist opinion
Based on 5 articles about TDG published over the past 30 days
