Transdigm Group Incorporated $TDG Holdings Reduced by Truist Financial Corp

Truist Financial Corp decreased its position in Transdigm Group Incorporated (NYSE:TDG) by 9.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,011 shares of the aerospace company’s stock after selling 412 shares during the period. Truist Financial Corp’s holdings in Transdigm Group were worth $5,333,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pittenger & Anderson Inc. boosted its holdings in shares of Transdigm Group by 7.2% in the fourth quarter. Pittenger & Anderson Inc. now owns 10,735 shares of the aerospace company’s stock valued at $14,276,000 after acquiring an additional 723 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in shares of Transdigm Group in the fourth quarter valued at approximately $89,981,000. Oppenheimer & Co. Inc. boosted its holdings in shares of Transdigm Group by 1.3% in the fourth quarter. Oppenheimer & Co. Inc. now owns 1,507 shares of the aerospace company’s stock valued at $2,004,000 after acquiring an additional 19 shares in the last quarter. Sigma Planning Corp bought a new position in shares of Transdigm Group in the fourth quarter valued at approximately $212,000. Finally, Delta Investment Management LLC boosted its holdings in shares of Transdigm Group by 2.3% in the fourth quarter. Delta Investment Management LLC now owns 7,132 shares of the aerospace company’s stock valued at $9,485,000 after acquiring an additional 160 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred 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 $4,609,656. This represents a 52.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $1,265.06, for a total transaction of $12,817,587.92. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $27,259,512.88. The trade was a 31.98% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 38,232 shares of company stock valued at $48,248,925. Insiders own 3.20% of the company’s stock.

Transdigm Group Stock Performance

Shares of NYSE:TDG opened at $1,213.79 on Monday. The company has a market cap of $67.89 billion, a PE ratio of 37.88, a price-to-earnings-growth ratio of 2.42 and a beta of 0.90. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,623.82. The firm has a 50 day simple moving average of $1,217.81 and a 200 day simple moving average of $1,295.83.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter in the prior year, the firm earned $9.11 EPS. The company’s revenue was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, equities analysts predict that Transdigm Group Incorporated will post 36.71 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. Weiss Ratings cut shares of Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. UBS Group cut their target price on shares of Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Wells Fargo & Company assumed coverage on shares of Transdigm Group in a research note on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 target price for the company. Finally, Robert W. Baird reissued a “neutral” rating and set a $1,400.00 target price on shares of Transdigm Group in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Transdigm Group has a consensus rating of “Moderate Buy” and a consensus price target of $1,538.73.

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.