First Trust Advisors LP Sells 5,324 Shares of Transdigm Group Incorporated $TDG

First Trust Advisors LP decreased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 18.1% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 24,088 shares of the aerospace company’s stock after selling 5,324 shares during the period. First Trust Advisors LP’s holdings in Transdigm Group were worth $36,630,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Equitable Trust Co. grew its stake in shares of Transdigm Group by 8.2% during the second quarter. Equitable Trust Co. now owns 6,371 shares of the aerospace company’s stock valued at $9,688,000 after buying an additional 484 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Transdigm Group by 1.8% during the 2nd quarter. Franklin Resources Inc. now owns 181,668 shares of the aerospace company’s stock valued at $276,252,000 after acquiring an additional 3,153 shares during the period. Vanguard Group Inc. grew its position in Transdigm Group by 5.3% during the 2nd quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock worth $10,178,995,000 after acquiring an additional 333,965 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Transdigm Group by 5.4% in the 1st quarter. BNP Paribas Financial Markets now owns 104,065 shares of the aerospace company’s stock worth $143,952,000 after purchasing an additional 5,369 shares during the period. Finally, Vanguard Personalized Indexing Management LLC lifted its position in Transdigm Group by 30.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 7,077 shares of the aerospace company’s stock valued at $10,763,000 after purchasing an additional 1,656 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $1,340.00, for a total value of $5,226,000.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,824,000. The trade was a 52.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kevin M. Stein sold 17,526 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $1,362.29, for a total transaction of $23,875,494.54. Following the sale, the director owned 8,158 shares of the company’s stock, valued at approximately $11,113,561.82. This represents a 68.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 149,447 shares of company stock worth $199,642,544 in the last 90 days. 4.09% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Susquehanna cut their target price on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a report on Thursday, October 9th. UBS Group increased their price target on shares of Transdigm Group from $1,738.00 to $1,798.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. BNP Paribas upgraded shares of Transdigm Group to a “strong-buy” rating in a research report on Tuesday, November 18th. BNP Paribas Exane initiated coverage on shares of Transdigm Group in a report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 target price for the company. Finally, Royal Bank Of Canada raised their target price on Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,576.29.

Transdigm Group Stock Performance

Shares of NYSE TDG opened at $1,319.91 on Wednesday. The company has a 50 day simple moving average of $1,315.30 and a two-hundred day simple moving average of $1,394.07. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The company has a market capitalization of $74.34 billion, a price-to-earnings ratio of 41.14, a P/E/G ratio of 3.00 and a beta of 0.94.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, topping the consensus estimate of $10.33 by $0.49. Transdigm Group had a negative return on equity of 31.91% and a net margin of 21.69%.The company had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same quarter in the prior year, the business posted $9.83 EPS. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

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.