Strs Ohio Sells 11,230 Shares of Transdigm Group Incorporated $TDG

Strs Ohio reduced its position in Transdigm Group Incorporated (NYSE:TDG) by 40.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,496 shares of the aerospace company’s stock after selling 11,230 shares during the quarter. Strs Ohio’s holdings in Transdigm Group were worth $19,118,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Transdigm Group during the 4th quarter worth about $1,025,591,000. Franklin Resources Inc. lifted its position in shares of Transdigm Group by 161.7% in the 3rd quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after purchasing an additional 293,821 shares during the period. Capital Research Global Investors boosted its stake in shares of Transdigm Group by 12.2% during the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after purchasing an additional 268,824 shares in the last quarter. Capital International Investors boosted its stake in shares of Transdigm Group by 4.1% during the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after purchasing an additional 254,750 shares in the last quarter. Finally, Temasek Holdings Private Ltd purchased a new position in Transdigm Group during the fourth quarter valued at approximately $193,544,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on TDG shares. Weiss Ratings lowered Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. BMO Capital Markets boosted their price target on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research report on Thursday. JPMorgan Chase & Co. upped their price objective on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Deutsche Bank Aktiengesellschaft raised their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Finally, TD Cowen cut their target price on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Transdigm Group has a consensus rating of “Moderate Buy” and a consensus price target of $1,518.25.

Insider Transactions at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total transaction of $13,369,680.60. Following the transaction, the director owned 21,548 shares in the company, valued at $28,433,663.40. This represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,596,408. The trade was a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 42,096 shares of company stock valued at $52,625,524. 3.20% of the stock is currently owned by company insiders.

Transdigm Group Stock Up 0.1%

Shares of TDG opened at $1,349.90 on Friday. The company has a 50 day moving average of $1,241.25 and a two-hundred day moving average of $1,275.82. The company has a market cap of $75.50 billion, a price-to-earnings ratio of 42.13, a price-to-earnings-growth ratio of 2.35 and a beta of 0.90. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data 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 negative return on equity of 26.49% and a net margin of 20.24%.The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. During the same quarter in the prior year, the business posted $9.11 EPS. The business’s revenue for the quarter 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. On average, sell-side analysts expect that Transdigm Group Incorporated will post 37.99 EPS for the current 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.