State of Alaska Department of Revenue Sells 585 Shares of Transdigm Group Incorporated $TDG

State of Alaska Department of Revenue lessened its position in Transdigm Group Incorporated (NYSE:TDG) by 9.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,575 shares of the aerospace company’s stock after selling 585 shares during the period. State of Alaska Department of Revenue’s holdings in Transdigm Group were worth $7,413,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Leonard Rickey Investment Advisors P.L.L.C. grew its holdings in Transdigm Group by 4.4% in the 3rd quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 188 shares of the aerospace company’s stock worth $248,000 after acquiring an additional 8 shares during the last quarter. Gateway Investment Advisers LLC lifted its position in shares of Transdigm Group by 0.7% in the 3rd quarter. Gateway Investment Advisers LLC now owns 1,182 shares of the aerospace company’s stock worth $1,558,000 after purchasing an additional 8 shares during the period. Tower Wealth Partners Inc. lifted its position in shares of Transdigm Group by 4.5% in the 3rd quarter. Tower Wealth Partners Inc. now owns 187 shares of the aerospace company’s stock worth $246,000 after purchasing an additional 8 shares during the period. Central Pacific Bank Trust Division lifted its position in shares of Transdigm Group by 44.4% in the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 8 shares during the period. Finally, Fifth Third Wealth Advisors LLC lifted its position in shares of Transdigm Group by 1.9% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 479 shares of the aerospace company’s stock worth $631,000 after purchasing an additional 9 shares during the period. Institutional investors own 95.78% of the company’s stock.

Insider Activity at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $1,429.92, for a total transaction of $5,576,688.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $5,147,712. This trade represents a 52.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Kevin M. Stein sold 36,925 shares of Transdigm Group stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $1,425.79, for a total transaction of $52,647,295.75. Following the transaction, the director directly owned 19,233 shares of the company’s stock, valued at approximately $27,422,219.07. This trade represents a 65.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 84,017 shares of company stock worth $115,689,693 over the last 90 days. 3.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TDG has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday, December 29th. KeyCorp cut shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Wells Fargo & Company initiated coverage on shares of Transdigm Group in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 target price for the company. Robert W. Baird reaffirmed a “neutral” rating and issued a $1,400.00 target price on shares of Transdigm Group in a research report on Wednesday, February 4th. Finally, UBS Group dropped their target price on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,567.40.

Transdigm Group Trading Up 2.3%

NYSE:TDG opened at $1,234.98 on Tuesday. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82. The stock has a market cap of $69.74 billion, a price-to-earnings ratio of 39.74, a P/E/G ratio of 2.56 and a beta of 0.98. The company has a 50-day moving average price of $1,247.04 and a 200-day moving average price of $1,304.42.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.99 by $0.24. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same period last year, the company posted $7.83 EPS. Transdigm Group’s revenue was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Equities analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

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.