Phoenix Financial Ltd. lessened its stake in Transdigm Group Incorporated (NYSE:TDG – Free Report) by 21.8% during the fourth quarter, Holdings Channel reports. The firm owned 2,315 shares of the aerospace company’s stock after selling 644 shares during the period. Phoenix Financial Ltd.’s holdings in Transdigm Group were worth $3,078,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of TDG. Ares Financial Consulting LLC bought a new position in shares of Transdigm Group in the fourth quarter valued at approximately $25,000. Elevation Wealth Partners LLC lifted its holdings in shares of Transdigm Group by 1,100.0% in the fourth 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. Wealth Watch Advisors INC bought a new stake in Transdigm Group during the third quarter worth $34,000. Central Pacific Bank Trust Division lifted its holdings in Transdigm Group by 44.4% during the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 8 shares during the period. Finally, JFS Wealth Advisors LLC lifted its holdings in Transdigm Group by 55.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 28 shares of the aerospace company’s stock worth $37,000 after acquiring an additional 10 shares during the period. Institutional investors own 95.78% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on TDG. Wells Fargo & Company began coverage on Transdigm Group in a report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price target on the stock. UBS Group dropped their price target on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Morgan Stanley lifted their price target on Transdigm Group from $1,660.00 to $1,680.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Susquehanna dropped their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $1,400.00 price target on shares of Transdigm Group in a report on Wednesday, February 4th. Ten research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,524.18.
Transdigm Group Price Performance
Shares of TDG opened at $1,148.68 on Friday. The firm has a market cap of $64.25 billion, a PE ratio of 35.85, a PEG ratio of 2.06 and a beta of 0.90. The stock’s fifty day moving average price is $1,203.13 and its two-hundred day moving average price is $1,290.09. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,623.82.
Transdigm Group (NYSE:TDG – Get Free Report) last issued its 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 firm had revenue of $2.54 billion for the quarter, compared to analyst estimates 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 was up 18.3% on a year-over-year basis. During the same period in the previous year, the company posted $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Sell-side analysts anticipate that Transdigm Group Incorporated will post 37.82 earnings per share for the current fiscal year.
Insider Buying and Selling at Transdigm Group
In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $1,265.06, for a total value of $12,817,587.92. Following the sale, the director directly owned 21,548 shares in the company, valued at $27,259,512.88. The trade was a 31.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $1,280.46, for a total value of $4,993,794.00. Following the completion of the sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,609,656. The trade was a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 38,232 shares of company stock worth $48,248,925. Corporate insiders own 3.20% of the company’s stock.
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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