Dorsey Wright & Associates Cuts Position in Transdigm Group Incorporated $TDG

Dorsey Wright & Associates decreased its position in Transdigm Group Incorporated (NYSE:TDG) by 91.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 302 shares of the aerospace company’s stock after selling 3,143 shares during the quarter. Dorsey Wright & Associates’ holdings in Transdigm Group were worth $398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Empowered Funds LLC increased its position in Transdigm Group by 5.0% in the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after purchasing an additional 65 shares during the last quarter. Acadian Asset Management LLC raised its stake in Transdigm Group by 92.3% during the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock valued at $376,000 after purchasing an additional 131 shares in the last quarter. AE Wealth Management LLC bought a new position in Transdigm Group during the second quarter valued at $234,000. Foundations Investment Advisors LLC lifted its position in Transdigm Group by 5.1% during the second quarter. Foundations Investment Advisors LLC now owns 186 shares of the aerospace company’s stock valued at $283,000 after purchasing an additional 9 shares during the last quarter. Finally, Empower Advisory Group LLC purchased a new position in shares of Transdigm Group in the 2nd quarter worth $205,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Zacks Research upgraded shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 price target on shares of Transdigm Group in a research report on Wednesday, February 4th. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday, December 29th. Finally, UBS Group dropped their target price on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,584.44.

Insider Activity

In related news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $1,243.70, for a total transaction of $4,850,430.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,477,320. The trade was a 52.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Michael Lisman acquired 950 shares of the business’s stock in a transaction on Friday, February 6th. The stock was acquired at an average cost of $1,284.26 per share, for a total transaction of $1,220,047.00. Following the transaction, the chief executive officer directly owned 3,259 shares in the company, valued at $4,185,403.34. The trade was a 41.14% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have sold 116,548 shares of company stock valued at $162,572,393. 3.20% of the stock is currently owned by corporate insiders.

Transdigm Group Trading Down 1.2%

Transdigm Group stock opened at $1,232.55 on Wednesday. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82. The firm has a 50-day moving average price of $1,339.08 and a 200-day moving average price of $1,320.06. The firm has a market capitalization of $69.60 billion, a PE ratio of 39.66, a price-to-earnings-growth ratio of 2.62 and a beta of 0.93.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, topping analysts’ consensus estimates of $7.99 by $0.24. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the prior year, the company posted $7.83 EPS. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, sell-side analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share 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.