Transdigm Group Incorporated $TDG Shares Sold by Glenview Trust Co

Glenview Trust Co lessened its holdings in Transdigm Group Incorporated (NYSE:TDG) by 41.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,488 shares of the aerospace company’s stock after selling 1,033 shares during the period. Glenview Trust Co’s holdings in Transdigm Group were worth $1,979,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in shares of Transdigm Group by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock valued at $8,982,225,000 after purchasing an additional 121,049 shares during the last quarter. Capital International Investors lifted its stake in shares of Transdigm Group by 4.1% in the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after purchasing an additional 254,750 shares during the last quarter. State Street Corp lifted its stake in shares of Transdigm Group by 1.9% in the 3rd quarter. State Street Corp now owns 2,388,838 shares of the aerospace company’s stock valued at $3,148,536,000 after purchasing an additional 45,550 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Transdigm Group by 18.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after purchasing an additional 367,756 shares during the last quarter. Finally, Capital Research Global Investors lifted its stake in shares of Transdigm Group by 10.2% in the 3rd quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock valued at $2,909,850,000 after purchasing an additional 203,997 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity

In other news, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the transaction, the director owned 21,548 shares in the company, valued at approximately $25,444,309.36. This represents a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,154,724. The trade was a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 42,096 shares of company stock worth $51,417,454. 3.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TDG has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft upped their price target on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. Morgan Stanley boosted their price objective on Transdigm Group from $1,660.00 to $1,680.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Royal Bank Of Canada cut 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. Jefferies Financial Group boosted their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. 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 investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Transdigm Group has a consensus rating of “Moderate Buy” and a consensus price target of $1,524.18.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,212.37 on Tuesday. The stock’s 50-day moving average is $1,194.63 and its two-hundred day moving average is $1,284.98. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,623.82. The company has a market cap of $67.81 billion, a price-to-earnings ratio of 37.84, a price-to-earnings-growth ratio of 2.12 and a beta of 0.90.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping the consensus estimate of $9.46 by $0.39. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter in the prior year, the business earned $9.11 EPS. Transdigm Group’s revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Equities research analysts anticipate that Transdigm Group Incorporated will post 37.82 earnings per share 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.