JPMorgan Chase & Co. Sells 732,653 Shares of Transdigm Group Incorporated $TDG

JPMorgan Chase & Co. trimmed its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 36.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,262,316 shares of the aerospace company’s stock after selling 732,653 shares during the quarter. JPMorgan Chase & Co. owned approximately 2.24% of Transdigm Group worth $1,663,761,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Salomon & Ludwin LLC bought a new position in shares of Transdigm Group in the 3rd quarter worth $26,000. Bank of Jackson Hole Trust grew 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 purchasing an additional 11 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in Transdigm Group by 1,250.0% in the second 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. Security National Bank bought a new stake in shares of Transdigm Group in the 3rd quarter valued at about $53,000. Finally, Ameritas Advisory Services LLC grew its position in shares of Transdigm Group by 38.7% in the 3rd quarter. Ameritas Advisory Services LLC now owns 43 shares of the aerospace company’s stock worth $56,000 after buying an additional 12 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on TDG. Zacks Research upgraded shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. BMO Capital Markets raised their price objective on Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. UBS Group reduced their target price on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Finally, Stifel Nicolaus dropped their price target on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,584.44.

Insider Buying and Selling at Transdigm Group

In other news, COO Patrick Joseph Murphy sold 290 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $1,430.10, for a total value of $414,729.00. Following the sale, the chief operating officer directly owned 1,055 shares of the company’s stock, valued at $1,508,755.50. This represents a 21.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Michael Lisman bought 950 shares of Transdigm Group stock in a transaction that occurred on Friday, February 6th. The shares were acquired at an average cost of $1,284.26 per share, with a total value of $1,220,047.00. Following the acquisition, the chief executive officer owned 3,259 shares of the company’s stock, valued at $4,185,403.34. The trade was a 41.14% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have sold 228,658 shares of company stock valued at $313,263,459. 3.20% of the stock is currently owned by insiders.

Transdigm Group Stock Performance

Shares of TDG opened at $1,286.10 on Tuesday. The stock has a 50-day moving average of $1,348.96 and a two-hundred day moving average of $1,339.93. The stock has a market cap of $72.63 billion, a P/E ratio of 41.38, a P/E/G ratio of 2.75 and a beta of 0.92. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.99 by $0.24. The firm had revenue of $2.29 billion during 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 company’s revenue for the quarter 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. Analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal 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.