Transdigm Group Incorporated $TDG Stake Lessened by Resources Management Corp CT ADV

Resources Management Corp CT ADV lowered its holdings in Transdigm Group Incorporated (NYSE:TDGFree Report) by 53.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,958 shares of the aerospace company’s stock after selling 2,267 shares during the period. Resources Management Corp CT ADV’s holdings in Transdigm Group were worth $2,604,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vulcan Value Partners LLC raised its holdings in shares of Transdigm Group by 7.8% during the third quarter. Vulcan Value Partners LLC now owns 249,643 shares of the aerospace company’s stock worth $328,977,000 after acquiring an additional 18,048 shares in the last quarter. Thornburg Investment Management Inc. purchased a new stake in shares of Transdigm Group during the third quarter worth $62,785,000. Franklin Resources Inc. raised its holdings in shares of Transdigm Group by 161.7% during the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after acquiring an additional 293,821 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of Transdigm Group during the third quarter worth $1,795,000. Finally, Davidson Capital Management Inc. purchased a new stake in shares of Transdigm Group during the third quarter worth $2,697,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insider Activity

In other news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction dated 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 approximately $25,444,309.36. This trade represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $4,154,724. This represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 38,196 shares of company stock worth $46,567,024. 3.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a report on Sunday. Wells Fargo & Company started coverage on Transdigm Group in a report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price objective for the company. Stifel Nicolaus lowered their target price on shares of 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. Susquehanna lowered their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Finally, TD Cowen lowered their target price on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Transdigm Group currently has an average rating of “Moderate Buy” and a consensus price target of $1,524.18.

View Our Latest Research Report on TDG

Transdigm Group Stock Performance

Shares of NYSE:TDG opened at $1,255.58 on Monday. The company has a market cap of $70.22 billion, a P/E ratio of 39.19, a P/E/G ratio of 2.20 and a beta of 0.91. The stock’s 50-day moving average is $1,211.68 and its 200-day moving average is $1,277.40. Transdigm Group Incorporated has a 52-week low of $1,123.61 and a 52-week high of $1,623.82.

Transdigm Group (NYSE:TDGGet 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, beating the consensus estimate of $9.46 by $0.39. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The firm’s revenue was up 18.3% compared to the same quarter last year. During the same period last year, the business posted $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, equities analysts predict that Transdigm Group Incorporated will post 37.82 EPS for the current year.

Transdigm Group Profile

(Free Report)

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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Institutional Ownership by Quarter for Transdigm Group (NYSE:TDG)

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