Goldman Sachs Group Inc. Has $389.63 Million Holdings in Transdigm Group Incorporated $TDG

Goldman Sachs Group Inc. lessened its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 11.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 292,987 shares of the aerospace company’s stock after selling 39,302 shares during the period. Goldman Sachs Group Inc.’s holdings in Transdigm Group were worth $389,629,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Vulcan Value Partners LLC grew its holdings in shares of Transdigm Group by 7.8% in the 3rd quarter. Vulcan Value Partners LLC now owns 249,643 shares of the aerospace company’s stock worth $328,977,000 after purchasing an additional 18,048 shares during the last quarter. Thornburg Investment Management Inc. bought a new position in Transdigm Group during the 3rd quarter valued at about $62,785,000. Envestnet Asset Management Inc. lifted its holdings in Transdigm Group by 2.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 73,818 shares of the aerospace company’s stock valued at $97,293,000 after purchasing an additional 1,706 shares during the last quarter. Franklin Resources Inc. boosted its position in Transdigm Group by 161.7% in the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock valued at $626,704,000 after buying an additional 293,821 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd bought a new stake in Transdigm Group during the third quarter worth about $1,795,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Trading Up 1.4%

Shares of NYSE TDG opened at $1,228.12 on Friday. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,623.82. The company has a 50-day moving average of $1,201.40 and a two-hundred day moving average of $1,281.72. The company has a market cap of $68.69 billion, a PE ratio of 38.33, a P/E/G ratio of 2.12 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, beating the consensus estimate of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.47 billion. During the same period in the prior year, the firm earned $9.11 earnings per share. Transdigm Group’s 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. As a group, equities research analysts forecast that Transdigm Group Incorporated will post 37.82 earnings per share for the current year.

Insider Buying and Selling at Transdigm Group

In other news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,154,724. This represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at approximately $25,444,309.36. This represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 42,096 shares of company stock valued at $51,417,454 over the last three months. Insiders own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Wells Fargo & Company began coverage on Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price target on the stock. BMO Capital Markets dropped their price target on Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating for the company in a report on Tuesday, March 31st. TD Cowen cut their price objective on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Finally, BNP Paribas Exane reduced their price objective on 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. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Transdigm Group has an average rating of “Moderate Buy” and an average price target of $1,524.18.

Transdigm Group Company 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.