Sei Investments Co. Reduces Stock Position in Transdigm Group Incorporated $TDG

Sei Investments Co. lessened its position in Transdigm Group Incorporated (NYSE:TDG) by 18.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,823 shares of the aerospace company’s stock after selling 6,096 shares during the period. Sei Investments Co.’s holdings in Transdigm Group were worth $31,090,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Capital International Investors boosted its holdings in shares of Transdigm Group by 0.9% during the fourth quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock worth $8,702,655,000 after purchasing an additional 55,230 shares during the period. Capital World Investors increased its holdings in Transdigm Group by 0.4% during the 4th quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock valued at $5,258,898,000 after purchasing an additional 15,825 shares during the period. Capital Research Global Investors raised its position in Transdigm Group by 12.2% during the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after purchasing an additional 268,824 shares during the last quarter. State Street Corp raised its position in Transdigm Group by 2.8% during the 4th quarter. State Street Corp now owns 2,456,186 shares of the aerospace company’s stock valued at $3,266,359,000 after purchasing an additional 67,348 shares during the last quarter. Finally, Norges Bank purchased a new stake in Transdigm Group in the 4th quarter worth approximately $1,025,591,000. 95.78% of the stock is owned by institutional investors.

Insider Activity at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,596,408. This represents a 52.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the firm’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 directly owned 21,548 shares of the company’s stock, valued at approximately $28,433,663.40. This trade represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 28,064 shares of company stock worth $34,814,142 in the last 90 days. 3.20% of the stock is currently owned by company insiders.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,288.46 on Tuesday. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,623.82. The firm has a 50-day moving average of $1,263.69 and a 200 day moving average of $1,268.76. The stock has a market cap of $72.06 billion, a P/E ratio of 40.21, a price-to-earnings-growth ratio of 2.18 and a beta of 0.90.

Transdigm Group (NYSE:TDG) last announced its earnings results 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. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter last year, the firm earned $9.11 earnings per share. The business’s revenue for the quarter was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Research analysts expect that Transdigm Group Incorporated will post 37.77 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on TDG shares. Stifel Nicolaus reduced their target price on 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 lifted their price target on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Jefferies Financial Group upped their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Finally, TD Cowen cut their target price on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Seven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $1,477.47.

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.