Transdigm Group Incorporated $TDG Position Reduced by Westfield Capital Management Co. LP

Westfield Capital Management Co. LP reduced its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 8.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 290,013 shares of the aerospace company’s stock after selling 26,149 shares during the quarter. Transdigm Group comprises about 1.8% of Westfield Capital Management Co. LP’s investment portfolio, making the stock its 10th biggest position. Westfield Capital Management Co. LP’s holdings in Transdigm Group were worth $441,005,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of TDG. MassMutual Private Wealth & Trust FSB lifted its holdings in Transdigm Group by 2.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 257 shares of the aerospace company’s stock valued at $391,000 after buying an additional 7 shares in the last quarter. Diversified Enterprises LLC boosted its holdings in shares of Transdigm Group by 3.8% in the second quarter. Diversified Enterprises LLC now owns 193 shares of the aerospace company’s stock valued at $293,000 after purchasing an additional 7 shares during the period. FSM Wealth Advisors LLC grew its stake in Transdigm Group by 3.8% in the second quarter. FSM Wealth Advisors LLC now owns 191 shares of the aerospace company’s stock worth $292,000 after purchasing an additional 7 shares in the last quarter. New Republic Capital LLC raised its position in Transdigm Group by 4.6% during the 1st quarter. New Republic Capital LLC now owns 183 shares of the aerospace company’s stock valued at $253,000 after purchasing an additional 8 shares in the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC lifted its holdings in shares of Transdigm Group by 3.7% in the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 225 shares of the aerospace company’s stock worth $311,000 after buying an additional 8 shares during the period. Institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling

In related news, Director Kevin M. Stein sold 7,191 shares of the company’s stock in a transaction dated Tuesday, November 18th. The stock was sold at an average price of $1,361.57, for a total value of $9,791,049.87. Following the completion of the transaction, the director owned 8,158 shares of the company’s stock, valued at approximately $11,107,688.06. This represents a 46.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Michael Lisman acquired 1,954 shares of the business’s stock in a transaction dated Friday, November 14th. The stock was acquired at an average price of $1,339.14 per share, with a total value of $2,616,679.56. Following the completion of the transaction, the chief executive officer directly owned 1,954 shares of the company’s stock, valued at approximately $2,616,679.56. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 33,629 shares of company stock valued at $44,369,174 in the last three months. 4.09% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on TDG shares. Truist Financial cut their target price on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research report on Wednesday, October 15th. Morgan Stanley increased their target price on Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday. BNP Paribas Exane began coverage on Transdigm Group in a research note on Tuesday. They issued an “outperform” rating and a $1,775.00 target price on the stock. Finally, KeyCorp decreased their price target on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,576.29.

Transdigm Group Trading Down 0.7%

NYSE:TDG opened at $1,341.11 on Thursday. The company has a market capitalization of $75.53 billion, a P/E ratio of 44.51, a PEG ratio of 3.25 and a beta of 1.02. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The firm has a fifty day simple moving average of $1,299.94 and a 200-day simple moving average of $1,400.69.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, topping the consensus estimate of $10.33 by $0.49. The company had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.40 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. Transdigm Group’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $9.83 EPS. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Equities analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.