Value Investor David Abrams is Holding Onto These 5 Stocks in 2022

In this article, we shall discuss how value investor David Abrams is holding onto these 5 stocks in 2022. To read our detailed analysis of Abrams’ history, his investment strategy, and hedge fund performance, go directly and see Value Investor David Abrams is Holding Onto These 10 Stocks in 2022.

5. TransDigm Group Inc. (NYSE:TDG)

Abrams Capital Management’s Stake Value: $289.4M

Percentage of Abrams Capital Management’s 13F Portfolio: 7.77%

Number of Hedge Fund Holdings: 66

Headquartered in Cleveland, Ohio, TransDigm Group Inc. (NYSE:TDG) is a publicly traded, aerospace manufacturing company which specializes in the development and manufacture of engineered aerospace components. As of the second quarter of 2022, investor interest in the stock is at an all time high, with 66 hedge funds featuring TransDigm Group Inc. (NYSE:TDG) in their 13F investment portfolios. As of Q2 2022, Stockbridge Partners is the largest stakeholder in the company, owning more than 1.6 million shares worth at around $860 million.

On August 17, JPMorgan analyst Seth Seifman raised the firm’s price target on TransDigm Group Inc. (NYSE:TDG) to $705 from $685, maintaining the Neutral rating on the shares.

Here is what Vulcan Value Partners had to say about TransDigm Group Inc. (NYSE:TDG) in their Q2 2021 investor letter:

“TransDigm Group Inc.(NYSE:TDG), another material contributor during the quarter, is an aerospace manufacturer providing highly engineered, niche components for use on commercial and military aircraft. The vast majority of the company’s profits come from aftermarket sales. Its business was impacted by the global pandemic; however, the company has been able to maintain margins despite strong revenue headwinds, and it continues to generate strong free cash flow.”