Citizens Financial Group Inc. RI Takes $3.70 Million Position in Transdigm Group Incorporated $TDG

Citizens Financial Group Inc. RI purchased a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 2,778 shares of the aerospace company’s stock, valued at approximately $3,701,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Family Legacy Inc. raised its holdings in Transdigm Group by 0.3% in the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after buying an additional 8 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Transdigm Group by 17.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock worth $73,000 after acquiring an additional 8 shares during the last quarter. Fisher Asset Management LLC increased its position in Transdigm Group by 3.1% in the 4th quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock valued at $398,000 after acquiring an additional 9 shares during the period. Root Financial Partners LLC raised its stake in shares of Transdigm Group by 6.2% during the fourth quarter. Root Financial Partners LLC now owns 155 shares of the aerospace company’s stock valued at $206,000 after acquiring an additional 9 shares during the last quarter. Finally, Harbour Investments Inc. raised its stake in shares of Transdigm Group by 13.6% during the fourth quarter. Harbour Investments Inc. now owns 75 shares of the aerospace company’s stock valued at $100,000 after acquiring an additional 9 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on TDG shares. 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 on the stock in a research note on Thursday, May 14th. Jefferies Financial Group raised their target price on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Royal Bank Of Canada cut their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Finally, JPMorgan Chase & Co. increased their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Six research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $1,463.71.

Insider Activity

In other news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the completion of the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $26,204,091.84. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,596,408. This represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 24,164 shares of company stock valued at $30,670,445. Corporate insiders own 3.20% of the company’s stock.

Transdigm Group Stock Down 1.6%

TDG opened at $1,237.18 on Tuesday. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,463.03. The company has a fifty day moving average of $1,272.49 and a 200-day moving average of $1,251.38. The stock has a market cap of $69.20 billion, a PE ratio of 37.54, a price-to-earnings-growth ratio of 2.10 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. Transdigm Group’s quarterly revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the firm earned $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Sell-side analysts anticipate that Transdigm Group Incorporated will post 38.81 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.