Keybank National Association OH grew its position in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) by 6.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,773 shares of the aerospace company’s stock after buying an additional 435 shares during the quarter. Keybank National Association OH’s holdings in Transdigm Group were worth $7,850,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of TDG. Ares Financial Consulting LLC purchased a new stake in Transdigm Group during the fourth quarter valued at $25,000. Elyxium Wealth LLC purchased a new position in Transdigm Group in the fourth quarter worth about $25,000. MCF Advisors LLC grew its stake in shares of Transdigm Group by 900.0% during the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 18 shares during the period. Transamerica Financial Advisors LLC grew its stake in shares of Transdigm Group by 1,900.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 19 shares during the period. Finally, Colonial Trust Co SC increased its position in shares of Transdigm Group by 162.5% during the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 13 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at Transdigm Group
In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $1,319.55, for a total transaction of $13,369,680.60. Following the transaction, the director owned 21,548 shares of the company’s stock, valued at approximately $28,433,663.40. This represents a 31.98% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 42,096 shares of company stock worth $52,625,524. Company insiders own 3.20% of the company’s stock.
Transdigm Group Stock Performance
Transdigm Group (NYSE:TDG – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The business’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Analysts forecast that Transdigm Group Incorporated will post 37.99 EPS for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts recently issued reports on TDG shares. TD Cowen dropped their price objective on shares of 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. Morgan Stanley boosted their price objective on shares of Transdigm Group from $1,660.00 to $1,680.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. BNP Paribas Exane reduced their price objective on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. UBS Group decreased their target price on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,518.25.
Get Our Latest Stock Analysis on Transdigm Group
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.
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