Swiss National Bank lessened its stake in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) by 4.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 153,910 shares of the aerospace company’s stock after selling 7,990 shares during the quarter. Swiss National Bank’s holdings in Transdigm Group were worth $204,677,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of TDG. Ares Financial Consulting LLC bought a new position in shares of Transdigm Group during the 4th quarter worth approximately $25,000. Elyxium Wealth LLC bought a new position in shares of Transdigm Group during the 4th quarter worth approximately $25,000. MCF Advisors LLC increased its holdings in Transdigm Group by 900.0% during the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 18 shares in the last quarter. Elevation Wealth Partners LLC increased its holdings in Transdigm Group by 1,100.0% during the 4th quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 22 shares in the last quarter. Finally, Meeder Asset Management Inc. increased its holdings in Transdigm Group by 242.9% during the 4th quarter. Meeder Asset Management Inc. now owns 24 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 17 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the company. Stifel Nicolaus dropped their price target on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Jefferies Financial Group raised their price target on Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. TD Cowen dropped their price target on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. UBS Group dropped their price target on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Finally, BNP Paribas Exane dropped their price target on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,524.18.
Insider Buying and Selling at Transdigm Group
In other news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction 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 completion of the sale, the director directly owned 21,548 shares of the company’s stock, valued at approximately $25,444,309.36. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,154,724. This trade represents a 52.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 42,096 shares of company stock valued at $51,417,454 over the last three months. Insiders own 3.20% of the company’s stock.
Transdigm Group Stock Performance
NYSE TDG opened at $1,258.69 on Friday. The stock has a fifty day moving average of $1,210.05 and a 200-day moving average of $1,277.95. The stock has a market capitalization of $70.40 billion, a P/E ratio of 39.28, a price-to-earnings-growth ratio of 2.12 and a beta of 0.91. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,623.82.
Transdigm Group (NYSE:TDG – Get Free Report) last released its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, beating the consensus estimate of $9.46 by $0.39. The company had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The business’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same period last year, the firm earned $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Equities research analysts forecast that Transdigm Group Incorporated will post 37.82 earnings per share 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.
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