Joel Reiss Sells 3,900 Shares of Transdigm Group (NYSE:TDG) Stock

Transdigm Group Incorporated (NYSE:TDGGet Free Report) COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $1,340.00, for a total transaction of $5,226,000.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,824,000. This trade represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Joel Reiss also recently made the following trade(s):

  • On Monday, October 20th, Joel Reiss sold 3,000 shares of Transdigm Group stock. The stock was sold at an average price of $1,279.59, for a total transaction of $3,838,770.00.
  • On Monday, September 22nd, Joel Reiss sold 3,000 shares of Transdigm Group stock. The shares were sold at an average price of $1,276.07, for a total transaction of $3,828,210.00.
  • On Wednesday, August 20th, Joel Reiss sold 3,000 shares of Transdigm Group stock. The stock was sold at an average price of $1,406.07, for a total value of $4,218,210.00.

Transdigm Group Stock Up 1.3%

NYSE:TDG traded up $17.15 on Tuesday, reaching $1,352.92. The company’s stock had a trading volume of 377,477 shares, compared to its average volume of 300,664. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82. The stock has a 50 day moving average price of $1,298.08 and a 200 day moving average price of $1,401.78. The firm has a market cap of $76.19 billion, a price-to-earnings ratio of 44.90, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02.

Transdigm Group (NYSE:TDGGet Free Report) last issued its quarterly earnings data on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.33 by $0.49. The firm had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.40 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The company’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period last year, the company earned $9.83 EPS. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Equities research analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The business also recently disclosed a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were issued a $90.00 dividend. The ex-dividend date was Tuesday, September 2nd. This is an increase from Transdigm Group’s previous special dividend of $75.00.

Analysts Set New Price Targets

Several research firms recently weighed in on TDG. Jefferies Financial Group dropped their target price on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a report on Wednesday, September 17th. Royal Bank Of Canada lifted their price objective on Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. Truist Financial decreased their target price on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research note on Wednesday, October 15th. BMO Capital Markets lifted their target price on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Finally, Stifel Nicolaus reduced their price target on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Thirteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $1,576.29.

View Our Latest Stock Analysis on Transdigm Group

Hedge Funds Weigh In On Transdigm Group

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Winch Advisory Services LLC increased its stake in shares of Transdigm Group by 53.8% during the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock worth $28,000 after buying an additional 7 shares during the period. Salomon & Ludwin LLC acquired a new position in Transdigm Group during the 3rd quarter worth approximately $26,000. Saudi Central Bank purchased a new stake in shares of Transdigm Group in the 1st quarter valued at approximately $30,000. Bank of Jackson Hole Trust raised its holdings in shares of Transdigm Group by 84.6% in the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 11 shares in the last quarter. Finally, Wealth Watch Advisors INC purchased a new stake in shares of Transdigm Group during the 3rd quarter worth $34,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

About Transdigm Group

(Get Free Report)

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.

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Insider Buying and Selling by Quarter for Transdigm Group (NYSE:TDG)

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