Fri Sep 20 12:14:25 UTC 2024: ## Dimensional Fund Advisors Increases Stake in TransDigm Group, Other Hedge Funds Follow Suit

**New York, NY – September 20, 2024** – Dimensional Fund Advisors LP (DFA) has significantly increased its holdings in aerospace company TransDigm Group Incorporated (NYSE: TDG), according to a recent filing with the Securities and Exchange Commission. DFA now owns over 140,000 shares of TDG, representing an increase of 10.9% in their portfolio.

This investment follows a trend of other hedge funds showing increasing interest in TDG. Whittier Trust Co. of Nevada, Team Hewins LLC, Souders Financial Advisors, Bennett Selby Investments LP, and Coldstream Capital Management Inc. all increased their positions in TDG during recent quarters. Collectively, institutional investors and hedge funds now own a significant 95.78% of TDG’s stock.

Meanwhile, insider activity within the company has also been notable. Director W Nicholas Howley and COO Joel Reiss both sold a significant number of shares in July. Insider selling, while not uncommon, can be interpreted as a sign of potential market volatility.

Despite insider sales, recent financial performance has been strong for TDG. The company exceeded analyst expectations in its most recent quarterly earnings report, reporting $9.00 EPS for the quarter. Revenue also exceeded expectations, reaching $2.05 billion. Sell-side analysts are optimistic about the company’s future, forecasting a 30.69 EPS for the current fiscal year.

Analysts have also been positive in their recent reports. JPMorgan Chase & Co. increased their target price on TDG, and Morgan Stanley assigned an “overweight” rating to the company. Overall, MarketBeat currently assigns a “Moderate Buy” rating to TDG, with an average price target of $1,438.24.

**TransDigm Group Incorporated (NYSE: TDG)** designs, produces, and supplies aircraft components globally. Their portfolio includes mechanical and electro-mechanical actuators, ignition systems, specialized pumps and valves, power conditioning devices, and more.

**Note:** This news article summarizes the key points of the provided text and is intended for informational purposes only. It is not financial advice. Investors should conduct their own research and seek professional advice before making any investment decisions.

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