Transdigm Group Incorporated $TDG Stock Position Lessened by Great Lakes Advisors LLC

Great Lakes Advisors LLC lessened its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 50.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,475 shares of the aerospace company’s stock after selling 1,527 shares during the quarter. Great Lakes Advisors LLC’s holdings in Transdigm Group were worth $1,944,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Transdigm Group during the second quarter worth $1,275,035,000. Vanguard Group Inc. raised its holdings 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 buying an additional 333,965 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Transdigm Group by 1,566.7% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 213,775 shares of the aerospace company’s stock valued at $325,075,000 after buying an additional 200,949 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Transdigm Group by 56.9% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 196,866 shares of the aerospace company’s stock worth $299,362,000 after buying an additional 71,399 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in shares of Transdigm Group by 94.6% in the second quarter. Corient Private Wealth LLC now owns 136,898 shares of the aerospace company’s stock worth $208,284,000 after buying an additional 66,559 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity

In other news, Director Kevin M. Stein sold 7,627 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $1,406.38, for a total value of $10,726,460.26. Following the sale, the director directly owned 8,158 shares of the company’s stock, valued at approximately $11,473,248.04. This trade represents a 48.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $5,147,712. This represents a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 194,485 shares of company stock valued at $263,363,749 over the last three months. 4.09% of the stock is currently owned by insiders.

Transdigm Group Stock Performance

TDG opened at $1,429.40 on Friday. The firm has a market cap of $80.69 billion, a P/E ratio of 44.56, a price-to-earnings-growth ratio of 3.11 and a beta of 0.94. The business has a 50 day moving average price of $1,358.63 and a 200 day moving average price of $1,364.20. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating 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 net margin of 21.69% and a negative return on equity of 31.91%. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter last year, the firm posted $9.83 earnings per share. 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.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on TDG. Stifel Nicolaus reduced their price target on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. UBS Group increased their target price on Transdigm Group from $1,798.00 to $1,804.00 and gave the company a “buy” rating in a report on Thursday, January 15th. BNP Paribas Exane initiated coverage on Transdigm Group in a report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 price target on the stock. BMO Capital Markets increased their price objective on Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Finally, Susquehanna lowered their target price on Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a research note on Thursday, October 9th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,597.00.

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.