Federated Hermes Inc. Reduces Position in Transdigm Group Incorporated $TDG

Federated Hermes Inc. lowered its position in Transdigm Group Incorporated (NYSE:TDG) by 5.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,053 shares of the aerospace company’s stock after selling 3,705 shares during the quarter. Federated Hermes Inc. owned approximately 0.11% of Transdigm Group worth $79,151,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. grew its holdings in Transdigm Group by 2.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 201,736 shares of the aerospace company’s stock valued at $265,892,000 after purchasing an additional 4,870 shares during the last quarter. Citizens Financial Group Inc. RI boosted its position in shares of Transdigm Group by 272.4% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 3,009 shares of the aerospace company’s stock worth $3,965,000 after buying an additional 2,201 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Transdigm Group in the 2nd quarter worth about $3,041,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in Transdigm Group by 311.7% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,124 shares of the aerospace company’s stock valued at $1,517,000 after acquiring an additional 851 shares during the last quarter. Finally, Osaic Holdings Inc. increased its holdings in Transdigm Group by 51.3% during the 2nd quarter. Osaic Holdings Inc. now owns 6,379 shares of the aerospace company’s stock valued at $9,494,000 after acquiring an additional 2,163 shares in the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TDG has been the topic of several research reports. BMO Capital Markets increased their price target on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Truist Financial reduced their target price on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research note on Wednesday, October 15th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday, December 29th. Susquehanna reduced their price objective on Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a research report on Thursday, October 9th. Finally, Royal Bank Of Canada increased their price objective on Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,597.00.

Insider Activity at Transdigm Group

In other news, COO Patrick Joseph Murphy sold 290 shares of the company’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $1,329.03, for a total transaction of $385,418.70. Following the completion of the sale, the chief operating officer directly owned 1,055 shares in the company, valued at $1,402,126.65. This represents a 21.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Robert J. Small sold 4,700 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $1,290.19, for a total value of $6,063,893.00. Following the completion of the transaction, the director directly owned 5,625 shares in the company, valued at $7,257,318.75. This trade represents a 45.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 194,485 shares of company stock valued at $263,363,749 over the last three months. Insiders own 4.09% of the company’s stock.

Transdigm Group Stock Down 1.1%

TDG stock opened at $1,411.83 on Thursday. The stock has a market capitalization of $79.70 billion, a price-to-earnings ratio of 44.01, a price-to-earnings-growth ratio of 3.13 and a beta of 0.94. Transdigm Group Incorporated has a 52-week low of $1,183.60 and a 52-week high of $1,623.82. The stock’s fifty day simple moving average is $1,355.18 and its 200-day simple moving average is $1,366.30.

Transdigm Group (NYSE:TDG) last released its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating 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 firm had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same period in the prior year, the firm posted $9.83 earnings per share. The business’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. As a group, analysts anticipate that Transdigm Group Incorporated will post 35.13 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.