Marshall Wace LLP Decreases Stake in Transdigm Group Incorporated $TDG

Marshall Wace LLP cut its position in Transdigm Group Incorporated (NYSE:TDG) by 11.9% during the second quarter, HoldingsChannel reports. The firm owned 78,533 shares of the aerospace company’s stock after selling 10,639 shares during the quarter. Marshall Wace LLP’s holdings in Transdigm Group were worth $119,420,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of TDG. Saudi Central Bank acquired a new position in shares of Transdigm Group during the first quarter worth $30,000. Bank of Jackson Hole Trust raised its stake in Transdigm Group by 84.6% in the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after buying an additional 11 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in Transdigm Group by 1,250.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after buying an additional 25 shares during the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of Transdigm Group during the 2nd quarter worth about $47,000. Finally, NewSquare Capital LLC increased its holdings in shares of Transdigm Group by 48.3% in the 2nd quarter. NewSquare Capital LLC now owns 43 shares of the aerospace company’s stock valued at $65,000 after acquiring an additional 14 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Transdigm Group Trading Down 1.0%

Shares of TDG opened at $1,345.93 on Friday. The company’s 50 day simple moving average is $1,314.11 and its 200-day simple moving average is $1,395.62. The firm has a market cap of $75.80 billion, a PE ratio of 41.96, a price-to-earnings-growth ratio of 3.02 and a beta of 0.94. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, topping analysts’ consensus estimates of $10.33 by $0.49. Transdigm Group had a net margin of 21.69% and a negative return on equity of 31.91%. The firm had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the prior year, the business earned $9.83 EPS. Transdigm Group’s quarterly revenue was up 11.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, equities research analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insider Buying and Selling at Transdigm Group

In related news, Director Kevin M. Stein sold 17,526 shares of the firm’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $1,362.29, for a total transaction of $23,875,494.54. Following the transaction, the director owned 8,158 shares of the company’s stock, valued at $11,113,561.82. This trade represents a 68.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Michael Lisman purchased 1,954 shares of the company’s stock in a transaction that occurred on Friday, November 14th. The stock was bought at an average price of $1,339.14 per share, for a total transaction of $2,616,679.56. Following the transaction, the chief executive officer directly owned 1,954 shares in the company, valued at $2,616,679.56. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have sold 58,494 shares of company stock valued at $78,154,802. Corporate insiders own 4.09% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on TDG shares. Morgan Stanley boosted their target price on Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. KeyCorp cut their price objective on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. Royal Bank Of Canada upped their target price on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. BMO Capital Markets increased their target price on shares of 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, Jefferies Financial Group reduced their price target on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a research report on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Transdigm Group has an average rating of “Moderate Buy” and an average target price of $1,576.29.

About Transdigm Group

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.