State of Alaska Department of Revenue Sells 585 Shares of Transdigm Group Incorporated $TDG

State of Alaska Department of Revenue decreased its stake in Transdigm Group Incorporated (NYSE:TDG) by 9.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,575 shares of the aerospace company’s stock after selling 585 shares during the period. State of Alaska Department of Revenue’s holdings in Transdigm Group were worth $7,413,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TDG. Salomon & Ludwin LLC bought a new position in shares of Transdigm Group in the 3rd quarter worth $26,000. Elevation Wealth Partners LLC increased its holdings in shares of Transdigm Group by 1,100.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock worth $32,000 after buying an additional 22 shares during the last quarter. Wealth Watch Advisors INC bought a new position in shares of Transdigm Group in the 3rd quarter worth $34,000. Central Pacific Bank Trust Division increased its holdings in shares of Transdigm Group by 44.4% in the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after buying an additional 8 shares during the last quarter. Finally, JFS Wealth Advisors LLC increased its holdings in shares of Transdigm Group by 55.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 28 shares of the aerospace company’s stock worth $37,000 after buying an additional 10 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

TDG has been the topic of a number of research analyst reports. Robert W. Baird reissued a “neutral” rating and issued a $1,400.00 price target on shares of Transdigm Group in a report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. Wells Fargo & Company began coverage on shares of Transdigm Group in a report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 target price on the stock. UBS Group reduced their target price on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Finally, KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, Transdigm Group presently has a consensus rating of “Moderate Buy” and an average target price of $1,567.40.

Insiders Place Their Bets

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $1,213.05, for a total value of $12,290,622.60. Following the sale, the director owned 21,548 shares of the company’s stock, valued at $26,138,801.40. This trade represents a 31.98% decrease in their position. The sale 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 on Monday, March 16th. The stock was sold at an average price of $1,243.70, for a total transaction of $4,850,430.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,477,320. This trade represents a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 84,017 shares of company stock worth $115,689,693. 3.20% of the stock is currently owned by insiders.

Transdigm Group Stock Performance

TDG stock opened at $1,234.98 on Tuesday. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,623.82. The firm’s fifty day moving average is $1,247.04 and its 200 day moving average is $1,304.42. The firm has a market cap of $69.74 billion, a P/E ratio of 39.74, a P/E/G ratio of 2.56 and a beta of 0.98.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, beating the consensus estimate of $7.99 by $0.24. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter last year, the firm earned $7.83 EPS. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current year.

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.