Transdigm Group Incorporated $TDG Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC lessened its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 21.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,802 shares of the aerospace company’s stock after selling 779 shares during the quarter. Intech Investment Management LLC’s holdings in Transdigm Group were worth $3,726,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Franklin Resources Inc. increased its position in shares of Transdigm Group by 161.7% during the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after acquiring an additional 293,821 shares during the last quarter. Capital International Investors increased its position in shares of Transdigm Group by 4.1% during the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after acquiring an additional 254,750 shares during the last quarter. Capital Research Global Investors increased its position in shares of Transdigm Group by 10.2% during the third quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock worth $2,909,850,000 after acquiring an additional 203,997 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Transdigm Group by 1.8% during the third quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock worth $8,982,225,000 after acquiring an additional 121,049 shares during the last quarter. Finally, Danske Bank A S purchased a new stake in shares of Transdigm Group during the third quarter worth about $93,706,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Ratings Changes

TDG has been the topic of a number of analyst reports. UBS Group dropped their target price on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Weiss Ratings lowered Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. Susquehanna dropped their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Jefferies Financial Group lifted their target price on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Finally, BNP Paribas Exane dropped their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,524.18.

Insider Buying and Selling

In other news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the director directly owned 21,548 shares in the company, valued at approximately $26,138,801.40. The trade was a 31.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was 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 owned 3,600 shares of the company’s stock, valued at $4,154,724. This trade represents a 52.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 42,096 shares of company stock valued at $51,417,454. 3.20% of the stock is currently owned by insiders.

Transdigm Group Stock Down 1.8%

Shares of TDG stock opened at $1,235.70 on Tuesday. The business has a 50 day moving average of $1,197.61 and a two-hundred day moving average of $1,283.75. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,623.82. The company has a market cap of $69.11 billion, a P/E ratio of 38.57, a PEG ratio of 2.20 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last issued 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 negative return on equity of 26.49% and a net margin of 20.24%.The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same period in the previous year, the firm posted $9.11 earnings per share. Transdigm Group’s quarterly revenue was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Analysts expect that Transdigm Group Incorporated will post 37.82 EPS for the current fiscal 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.