State of New Jersey Common Pension Fund D Sells 446 Shares of Transdigm Group Incorporated $TDG

State of New Jersey Common Pension Fund D reduced its holdings in Transdigm Group Incorporated (NYSE:TDG) by 2.3% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,103 shares of the aerospace company’s stock after selling 446 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Transdigm Group were worth $25,404,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TDG. Ares Financial Consulting LLC bought a new position in Transdigm Group in the 4th quarter worth about $25,000. Salomon & Ludwin LLC bought a new position in Transdigm Group in the 3rd quarter worth about $26,000. Elevation Wealth Partners LLC increased its stake in Transdigm Group by 1,100.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 22 shares during the last quarter. Wealth Watch Advisors INC bought a new position in Transdigm Group in the 3rd quarter worth about $34,000. Finally, Central Pacific Bank Trust Division increased its stake in 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 acquiring an additional 8 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Trading Up 1.7%

Shares of Transdigm Group stock opened at $1,161.76 on Friday. The firm has a market capitalization of $65.60 billion, a PE ratio of 37.38, a price-to-earnings-growth ratio of 2.41 and a beta of 0.98. The business’s 50-day moving average price is $1,223.02 and its 200-day moving average price is $1,296.53. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same period last year, the company earned $7.83 EPS. Transdigm Group’s revenue for the quarter was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, analysts predict that Transdigm Group Incorporated will post 36.71 earnings per share for the current fiscal year.

Insider Buying and Selling at Transdigm Group

In related news, COO Patrick Joseph Murphy sold 290 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $1,430.10, for a total transaction of $414,729.00. Following the transaction, the chief operating officer directly owned 1,055 shares in the company, valued at $1,508,755.50. This trade represents a 21.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $1,280.46, for a total value of $4,993,794.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,609,656. The trade was a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 86,522 shares of company stock worth $117,197,926 over the last quarter. Company insiders own 3.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on TDG shares. Wells Fargo & Company started coverage on Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price objective on the stock. KeyCorp lowered Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Robert W. Baird reiterated a “neutral” rating and set a $1,400.00 price objective on shares of Transdigm Group in a research report on Wednesday, February 4th. UBS Group reduced their price objective on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Finally, Weiss Ratings lowered Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,567.40.

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.