Transdigm Group Incorporated $TDG Position Trimmed by Rhumbline Advisers

Rhumbline Advisers lowered its stake in Transdigm Group Incorporated (NYSE:TDG) by 0.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 101,819 shares of the aerospace company’s stock after selling 38 shares during the period. Rhumbline Advisers’ holdings in Transdigm Group were worth $154,830,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Saudi Central Bank acquired a new position in shares of Transdigm Group in the 1st quarter worth $30,000. Bank of Jackson Hole Trust boosted its position 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 during the period. Hantz Financial Services Inc. increased its stake in Transdigm Group by 1,250.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in Transdigm Group during the second quarter valued at about $47,000. Finally, NewSquare Capital LLC increased its position in shares of Transdigm Group by 48.3% in the second quarter. NewSquare Capital LLC now owns 43 shares of the aerospace company’s stock worth $65,000 after acquiring an additional 14 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Transdigm Group news, Director W Nicholas Howley sold 2,736 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $1,334.92, for a total transaction of $3,652,341.12. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at $28,764,856.16. This represents a 11.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $1,340.00, for a total value of $5,226,000.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,824,000. This represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 33,629 shares of company stock valued at $44,369,174 in the last three months. Company insiders own 4.09% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the stock. BNP Paribas Exane started coverage on shares of Transdigm Group in a research note on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 target price on the stock. BMO Capital Markets upped their price target 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. UBS Group raised their price objective on Transdigm Group from $1,738.00 to $1,798.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Royal Bank Of Canada upped their target price on 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. Finally, Susquehanna reduced their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research report on Thursday, October 9th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $1,576.29.

Transdigm Group Price Performance

Transdigm Group stock opened at $1,348.27 on Friday. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82. The company’s fifty day moving average price is $1,302.18 and its two-hundred day moving average price is $1,399.36. The company has a market capitalization of $75.93 billion, a price-to-earnings ratio of 44.75, a PEG ratio of 3.25 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last announced 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. The company had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.40 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, sell-side analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Profile

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.