Thrivent Financial for Lutherans Cuts Position in Transdigm Group Incorporated $TDG

Thrivent Financial for Lutherans decreased its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 33.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,171 shares of the aerospace company’s stock after selling 1,103 shares during the period. Thrivent Financial for Lutherans’ holdings in Transdigm Group were worth $2,861,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC raised its stake in shares of Transdigm Group by 5.0% in the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock valued at $1,898,000 after acquiring an additional 65 shares in the last quarter. Acadian Asset Management LLC boosted its stake in shares of Transdigm Group by 92.3% in the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock valued at $376,000 after buying an additional 131 shares during the period. Ameritas Advisory Services LLC acquired a new position in shares of Transdigm Group during the second quarter worth about $47,000. Blue Trust Inc. grew its position in shares of Transdigm Group by 7.3% during the second quarter. Blue Trust Inc. now owns 161 shares of the aerospace company’s stock worth $245,000 after buying an additional 11 shares in the last quarter. Finally, PDS Planning Inc increased its stake in shares of Transdigm Group by 13.5% during the second quarter. PDS Planning Inc now owns 218 shares of the aerospace company’s stock worth $332,000 after buying an additional 26 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Transdigm Group news, COO Patrick Joseph Murphy sold 290 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $1,430.10, for a total transaction of $414,729.00. Following the completion of the sale, the chief operating officer directly owned 1,055 shares in the company, valued at $1,508,755.50. The trade was a 21.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kevin M. Stein sold 11,075 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $1,434.49, for a total value of $15,886,976.75. Following the completion of the sale, the director owned 8,158 shares of the company’s stock, valued at approximately $11,702,569.42. This represents a 57.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 242,485 shares of company stock worth $331,932,850 over the last 90 days. Corporate insiders own 4.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TDG shares. BMO Capital Markets lifted their price objective on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. Stifel Nicolaus decreased their price target on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a report on Thursday, November 13th. KeyCorp downgraded Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. Truist Financial decreased their target price on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a research note on Wednesday, October 15th. Finally, JPMorgan Chase & Co. upped their price target on Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Transdigm Group currently has an average rating of “Moderate Buy” and a consensus price target of $1,584.44.

Transdigm Group Stock Performance

TDG stock opened at $1,301.45 on Tuesday. The stock has a market capitalization of $73.49 billion, a PE ratio of 41.87, a price-to-earnings-growth ratio of 2.84 and a beta of 0.92. The company has a fifty day moving average of $1,353.46 and a 200-day moving average of $1,350.77. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, beating analysts’ consensus estimates of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter last year, the company earned $7.83 earnings per share. Transdigm Group’s quarterly revenue was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Equities analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

About Transdigm Group

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.