Transdigm Group (NYSE:TDG) Director Sells $13,369,680.60 in Stock

Transdigm Group Incorporated (NYSE:TDG) Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the transaction, the director owned 21,548 shares of the company’s stock, valued at approximately $28,433,663.40. This represents a 31.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

W Nicholas Howley also recently made the following trade(s):

• On Monday, May 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,180.82, for a total transaction of $11,964,068.24.
• On Monday, April 20th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,265.06, for a total transaction of $12,817,587.92.

Transdigm Group Trading Down 2.6%

NYSE TDG traded down $34.44 during trading on Monday, hitting $1,293.87. The company had a trading volume of 395,175 shares, compared to its average volume of 394,900. The company’s fifty day moving average is $1,224.66 and its 200-day moving average is $1,275.89. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82. The company has a market cap of $72.37 billion, a price-to-earnings ratio of 40.38, a price-to-earnings-growth ratio of 2.31 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, topping the consensus estimate of $9.46 by $0.39. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. Transdigm Group’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period last year, the business posted $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, equities analysts anticipate that Transdigm Group Incorporated will post 37.99 EPS for the current year.

Hedge Funds Weigh In On Transdigm Group

Several institutional investors and hedge funds have recently modified their holdings of TDG. Vulcan Value Partners LLC boosted its stake in shares of Transdigm Group by 7.8% during the 3rd quarter. Vulcan Value Partners LLC now owns 249,643 shares of the aerospace company’s stock worth $328,977,000 after acquiring an additional 18,048 shares during the last quarter. Thornburg Investment Management Inc. purchased a new stake in shares of Transdigm Group in the 3rd quarter worth $62,785,000. Franklin Resources Inc. raised its holdings in Transdigm Group by 161.7% in 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. Aster Capital Management DIFC Ltd bought a new position in Transdigm Group in the 3rd quarter worth $1,795,000. Finally, Davidson Capital Management Inc. purchased a new position in Transdigm Group during the third quarter valued at $2,697,000. 95.78% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Morgan Stanley upped their target price on shares of Transdigm Group from $1,660.00 to $1,680.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. 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. BMO Capital Markets cut their price objective on shares of Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating on the stock in a report on Tuesday, March 31st. Finally, Royal Bank Of Canada decreased their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,525.06.

About Transdigm Group

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.