Heard Capital LLC Lowers Stake in Transdigm Group Incorporated $TDG

Heard Capital LLC decreased its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 11.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 134,327 shares of the aerospace company’s stock after selling 17,225 shares during the period. Transdigm Group comprises 10.7% of Heard Capital LLC’s portfolio, making the stock its biggest holding. Heard Capital LLC owned about 0.24% of Transdigm Group worth $204,263,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. WINTON GROUP Ltd acquired a new stake in shares of Transdigm Group during the 2nd quarter worth about $3,041,000. Equitable Trust Co. boosted its position in Transdigm Group by 8.2% in the second quarter. Equitable Trust Co. now owns 6,371 shares of the aerospace company’s stock valued at $9,688,000 after buying an additional 484 shares in the last quarter. Franklin Resources Inc. grew its stake in Transdigm Group by 1.8% during the second quarter. Franklin Resources Inc. now owns 181,668 shares of the aerospace company’s stock worth $276,252,000 after buying an additional 3,153 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Transdigm Group by 5.3% during the second quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock worth $10,178,995,000 after buying an additional 333,965 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of Transdigm Group by 5.4% during the first quarter. BNP Paribas Financial Markets now owns 104,065 shares of the aerospace company’s stock worth $143,952,000 after buying an additional 5,369 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TDG has been the topic of several recent analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a report on Monday. Stifel Nicolaus cut their price objective on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. BNP Paribas Exane started coverage on Transdigm Group in a report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 target price on the stock. Truist Financial cut their price target on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a report on Wednesday, October 15th. Finally, UBS Group upped their price target on shares of Transdigm Group from $1,738.00 to $1,798.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Transdigm Group currently has a consensus rating of “Moderate Buy” and an average price target of $1,576.29.

Insider Buying and Selling

In related news, Director Robert J. Small sold 90,953 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the completion of the sale, the director owned 68,139 shares in the company, valued at approximately $91,014,625.08. This represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Kevin M. Stein sold 17,526 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $1,362.29, for a total value of $23,875,494.54. Following the completion of the sale, the director directly owned 8,158 shares of the company’s stock, valued at approximately $11,113,561.82. This trade represents a 68.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 149,147 shares of company stock valued at $199,321,537 over the last 90 days. Company insiders own 4.09% of the company’s stock.

Transdigm Group Stock Down 1.8%

TDG stock opened at $1,293.92 on Friday. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The company has a market cap of $72.87 billion, a P/E ratio of 40.33, a PEG ratio of 2.93 and a beta of 0.94. The business has a fifty day moving average of $1,316.13 and a 200-day moving average of $1,391.93.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, topping analysts’ consensus estimates of $10.33 by $0.49. The firm had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a negative return on equity of 31.91% and a net margin of 21.69%.The company’s revenue was up 11.5% on a year-over-year basis. During the same period last year, the company earned $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

About Transdigm Group

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.