Nomura Asset Management Co. Ltd. Reduces Stake in Transdigm Group Incorporated $TDG

Nomura Asset Management Co. Ltd. lessened its holdings in Transdigm Group Incorporated (NYSE:TDG) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,545 shares of the aerospace company’s stock after selling 722 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in Transdigm Group were worth $24,662,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of TDG. Norges Bank purchased a new position in shares of Transdigm Group during the fourth quarter worth $1,025,591,000. Franklin Resources Inc. grew its position in Transdigm Group by 161.7% during the 3rd quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after purchasing an additional 293,821 shares during the period. Capital International Investors grew its position in Transdigm Group by 4.1% during the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after purchasing an additional 254,750 shares during the period. Capital Research Global Investors raised its stake in shares of Transdigm Group by 10.2% during the 3rd quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock valued at $2,909,850,000 after buying an additional 203,997 shares during the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Transdigm Group by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock valued at $8,982,225,000 after buying an additional 121,049 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,154,724. This represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $1,213.05, for a total value of $12,290,622.60. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at approximately $26,138,801.40. This trade represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 42,096 shares of company stock valued at $51,417,454. Insiders own 3.20% of the company’s stock.

Transdigm Group Price Performance

Transdigm Group stock opened at $1,235.70 on Tuesday. The stock has a market capitalization of $69.11 billion, a PE ratio of 38.57, a price-to-earnings-growth ratio of 2.20 and a beta of 0.91. The business has a 50 day simple moving average of $1,197.61 and a 200-day simple moving average of $1,283.75. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $9.46 by $0.39. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.47 billion. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The firm’s revenue for the quarter was up 18.3% compared to the same quarter last year. 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 research analysts anticipate that Transdigm Group Incorporated will post 37.82 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on TDG shares. BMO Capital Markets lowered their target price on Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 31st. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Robert W. Baird restated a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a research report on Wednesday, February 4th. Stifel Nicolaus dropped their price objective on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, 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 report on Wednesday, May 6th. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,524.18.

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.