Cullen Frost Bankers Inc. Cuts Holdings in Transdigm Group Incorporated $TDG

Cullen Frost Bankers Inc. decreased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 8.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,597 shares of the aerospace company’s stock after selling 633 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Transdigm Group were worth $8,772,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Berbice Capital Management LLC increased its holdings in Transdigm Group by 7.1% during the 4th quarter. Berbice Capital Management LLC now owns 225 shares of the aerospace company’s stock worth $299,000 after purchasing an additional 15 shares during the period. PNC Financial Services Group Inc. increased its holdings in Transdigm Group by 0.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 72,171 shares of the aerospace company’s stock worth $95,977,000 after purchasing an additional 340 shares during the period. Larson Financial Group LLC increased its holdings in Transdigm Group by 64.4% during the 4th quarter. Larson Financial Group LLC now owns 166 shares of the aerospace company’s stock worth $220,000 after purchasing an additional 65 shares during the period. HighTower Advisors LLC increased its holdings in Transdigm Group by 8.0% during the 4th quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company’s stock worth $22,914,000 after purchasing an additional 1,281 shares during the period. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in Transdigm Group by 7.2% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 4,202 shares of the aerospace company’s stock worth $5,588,000 after purchasing an additional 284 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,900 shares of the firm’s 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 transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,154,724. This trade represents a 52.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $1,213.05, for a total value of $12,290,622.60. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at $26,138,801.40. The trade was a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,096 shares of company stock worth $51,417,454 in the last 90 days. 3.20% of the stock is currently owned by company insiders.

Transdigm Group Stock Up 1.7%

NYSE:TDG opened at $1,198.64 on Thursday. The stock’s 50 day moving average price is $1,196.95 and its 200 day moving average price is $1,286.84. The company has a market capitalization of $67.04 billion, a PE ratio of 37.41, a P/E/G ratio of 2.06 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.

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, topping analysts’ consensus estimates of $9.46 by $0.39. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The firm’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter last year, the business posted $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, sell-side analysts anticipate that Transdigm Group Incorporated will post 37.82 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently commented on TDG shares. Deutsche Bank Aktiengesellschaft increased their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a report on Wednesday, May 6th. Stifel Nicolaus dropped their price objective on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. TD Cowen dropped their price objective on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Royal Bank Of Canada dropped their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Finally, Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a report on Wednesday, February 4th. Ten equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus 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.