Transdigm Group Incorporated $TDG Shares Sold by Rhumbline Advisers

Rhumbline Advisers cut its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 0.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 101,297 shares of the aerospace company’s stock after selling 522 shares during the quarter. Rhumbline Advisers’ holdings in Transdigm Group were worth $133,511,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of TDG. FSM Wealth Advisors LLC increased its position in Transdigm Group by 3.8% during the 2nd quarter. FSM Wealth Advisors LLC now owns 191 shares of the aerospace company’s stock worth $292,000 after purchasing an additional 7 shares in the last quarter. Tower Wealth Partners Inc. grew its stake in Transdigm Group by 4.7% during the second quarter. Tower Wealth Partners Inc. now owns 179 shares of the aerospace company’s stock worth $272,000 after buying an additional 8 shares during the period. Cassaday & Co Wealth Management LLC increased its position in shares of Transdigm Group by 4.0% in the second quarter. Cassaday & Co Wealth Management LLC now owns 208 shares of the aerospace company’s stock worth $316,000 after acquiring an additional 8 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. lifted its holdings in shares of Transdigm Group by 4.4% during the 3rd quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 188 shares of the aerospace company’s stock valued at $248,000 after acquiring an additional 8 shares in the last quarter. Finally, Gateway Investment Advisers LLC boosted its position in Transdigm Group by 0.7% during the 3rd quarter. Gateway Investment Advisers LLC now owns 1,182 shares of the aerospace company’s stock worth $1,558,000 after purchasing an additional 8 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Transdigm Group news, Director Robert J. Small sold 90,953 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the sale, the director owned 68,139 shares in the company, valued at approximately $91,014,625.08. This trade represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kevin M. Stein sold 36,925 shares of Transdigm Group stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the sale, the director directly owned 19,233 shares in the company, valued at approximately $27,422,219.07. This trade represents a 65.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 242,485 shares of company stock valued at $331,932,850. 4.09% of the stock is owned by insiders.

Transdigm Group Price Performance

NYSE:TDG opened at $1,327.67 on Thursday. The firm has a market capitalization of $74.98 billion, a P/E ratio of 42.72, a P/E/G ratio of 2.74 and a beta of 0.92. The business has a 50 day simple moving average of $1,352.60 and a 200 day simple moving average of $1,348.55. 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 posted its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.99 by $0.24. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.26 billion. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the business posted $7.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TDG has been the topic of several research reports. Zacks Research raised Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. BNP Paribas Exane assumed coverage on Transdigm Group in a report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 target price on the stock. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. increased their price objective on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a research report on Friday, November 14th. Finally, UBS Group dropped their price objective on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,584.44.

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.