Alberta Investment Management Corp Reduces Stock Position in Transdigm Group Incorporated $TDG

Alberta Investment Management Corp lessened its stake in Transdigm Group Incorporated (NYSE:TDG) by 2.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,500 shares of the aerospace company’s stock after selling 100 shares during the period. Alberta Investment Management Corp’s holdings in Transdigm Group were worth $5,322,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Winch Advisory Services LLC lifted its position in shares of Transdigm Group by 53.8% during the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 7 shares during the last quarter. Saudi Central Bank acquired a new stake in Transdigm Group during the first quarter valued at approximately $30,000. Bank of Jackson Hole Trust lifted its holdings in Transdigm Group by 84.6% during the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock worth $36,000 after buying an additional 11 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of Transdigm Group by 1,250.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after acquiring an additional 25 shares in the last quarter. Finally, Ameritas Advisory Services LLC acquired a new position in shares of Transdigm Group in the 2nd quarter worth approximately $47,000. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Trading Up 1.1%

Shares of NYSE TDG opened at $1,339.26 on Monday. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The firm has a 50-day moving average of $1,297.21 and a two-hundred day moving average of $1,402.49. The company has a market capitalization of $75.43 billion, a price-to-earnings ratio of 44.45, a PEG ratio of 3.25 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last announced its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.33 by $0.49. The company had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.Transdigm Group’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, research analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Increases Dividend

The business also recently disclosed a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were given a dividend of $90.00 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This is a boost from Transdigm Group’s previous special dividend of $75.00.

Analyst Ratings Changes

A number of equities analysts have commented on TDG shares. Truist Financial decreased their price objective on shares of 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. JPMorgan Chase & Co. boosted their price objective on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a research report on Friday. Weiss Ratings reiterated a “buy (b)” rating on shares of Transdigm Group in a research note on Wednesday, October 8th. Jefferies Financial Group decreased their target price on Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a research note on Wednesday, September 17th. Finally, BMO Capital Markets upped their target price on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday. Twelve equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Transdigm Group currently has an average rating of “Moderate Buy” and an average target price of $1,563.88.

Insider Transactions at Transdigm Group

In other news, Director Michael Graff sold 1,760 shares of the company’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the transaction, the director directly owned 1,964 shares of the company’s stock, valued at approximately $2,753,724.40. This represents a 47.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Kevin M. Stein sold 700 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $1,360.00, for a total value of $952,000.00. Following the sale, the director directly owned 8,158 shares of the company’s stock, valued at $11,094,880. This trade represents a 7.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 22,802 shares of company stock worth $29,917,993. 4.09% of the stock is owned by company insiders.

Transdigm Group Profile

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.