Nomura Asset Management Co. Ltd. decreased its holdings in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) by 3.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,545 shares of the aerospace company’s stock after selling 722 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Transdigm Group were worth $24,662,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Norges Bank purchased a new position in shares of Transdigm Group during the 4th quarter worth $1,025,591,000. Franklin Resources Inc. increased its position in shares of Transdigm Group by 161.7% during 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 last quarter. Capital International Investors raised its holdings in Transdigm Group by 4.1% in the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after buying an additional 254,750 shares during the period. Capital Research Global Investors lifted its position in Transdigm Group by 10.2% in the third quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock valued at $2,909,850,000 after buying an additional 203,997 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in Transdigm Group by 1.8% during the third quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock worth $8,982,225,000 after buying an additional 121,049 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.
Insider Buying and Selling
In related news, COO Joel Reiss sold 3,900 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the completion of the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,154,724. This represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at $25,444,309.36. The trade was a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 42,096 shares of company stock valued at $51,417,454. 3.20% of the stock is owned by company insiders.
Transdigm Group Trading Down 1.8%
Transdigm Group (NYSE:TDG – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.47 billion. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The firm’s quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, equities analysts forecast that Transdigm Group Incorporated will post 37.82 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have recently commented on TDG shares. Weiss Ratings lowered shares of Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. Stifel Nicolaus cut their target price on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. BNP Paribas Exane decreased their price target on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Wells Fargo & Company began coverage on Transdigm Group in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price objective for the company. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a report on Wednesday, February 4th. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,524.18.
Read Our Latest Stock Analysis on TDG
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.
Featured Stories
- Five stocks we like better than Transdigm Group
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Want to see what other hedge funds are holding TDG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Transdigm Group Incorporated (NYSE:TDG – Free Report).
Receive News & Ratings for Transdigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Transdigm Group and related companies with MarketBeat.com's FREE daily email newsletter.
