SG Americas Securities LLC lifted its stake in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) by 114.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 100,895 shares of the aerospace company’s stock after buying an additional 53,823 shares during the period. SG Americas Securities LLC’s holdings in Transdigm Group were worth $116,933,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Ares Financial Consulting LLC purchased a new stake in Transdigm Group in the fourth quarter worth about $25,000. Elyxium Wealth LLC purchased a new position in shares of Transdigm Group during the 4th quarter worth approximately $25,000. MCF Advisors LLC raised its position in shares of Transdigm Group by 900.0% in the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 18 shares in the last quarter. Transamerica Financial Advisors LLC raised its position in shares of Transdigm Group by 1,900.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 19 shares in the last quarter. Finally, Colonial Trust Co SC lifted its stake in shares of Transdigm Group by 162.5% in the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 13 shares during the period. 95.78% of the stock is owned by institutional investors.
Insider Buying and Selling at Transdigm Group
In related news, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,596,408. This represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $1,265.06, for a total transaction of $12,817,587.92. Following the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $27,259,512.88. This represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 31,964 shares of company stock valued at $39,255,843 over the last 90 days. Corporate insiders own 3.20% of the company’s stock.
Transdigm Group Stock Up 0.3%
Transdigm Group (NYSE:TDG – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, beating analysts’ consensus estimates of $9.46 by $0.39. The company had revenue of $2.54 billion during 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 firm’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter last year, the company earned $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, equities analysts anticipate that Transdigm Group Incorporated will post 37.99 EPS for the current year.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 14th. UBS Group lowered their price objective on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Morgan Stanley boosted their target price on shares of Transdigm Group from $1,660.00 to $1,680.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Royal Bank Of Canada reduced their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. Finally, TD Cowen decreased their price target on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, Transdigm Group presently has an average rating of “Moderate Buy” and an average price target of $1,525.06.
Read Our Latest Stock Analysis on TDG
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.
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