Citigroup Inc. Sells 978 Shares of Transdigm Group Incorporated $TDG

Citigroup Inc. trimmed its stake in Transdigm Group Incorporated (NYSE:TDG) by 1.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 99,502 shares of the aerospace company’s stock after selling 978 shares during the quarter. Citigroup Inc. owned 0.18% of Transdigm Group worth $131,146,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of TDG. Cassaday & Co Wealth Management LLC boosted its stake in Transdigm Group by 4.0% in the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 208 shares of the aerospace company’s stock worth $316,000 after purchasing an additional 8 shares in the last quarter. Leonard Rickey Investment Advisors P.L.L.C. lifted its stake in shares of Transdigm Group by 4.4% in the third quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 188 shares of the aerospace company’s stock worth $248,000 after buying an additional 8 shares in the last quarter. Gateway Investment Advisers LLC grew its holdings in shares of Transdigm Group by 0.7% during the third quarter. Gateway Investment Advisers LLC now owns 1,182 shares of the aerospace company’s stock valued at $1,558,000 after buying an additional 8 shares during the last quarter. Tower Wealth Partners Inc. increased its position in shares of Transdigm Group by 4.5% during the third quarter. Tower Wealth Partners Inc. now owns 187 shares of the aerospace company’s stock valued at $246,000 after acquiring an additional 8 shares in the last quarter. Finally, Zions Bancorporation National Association UT raised its holdings in Transdigm Group by 15.5% in the 2nd quarter. Zions Bancorporation National Association UT now owns 67 shares of the aerospace company’s stock worth $102,000 after acquiring an additional 9 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Stock Up 0.7%

NYSE TDG opened at $1,339.96 on Friday. The firm has a market capitalization of $75.67 billion, a P/E ratio of 43.11, a PEG ratio of 2.87 and a beta of 0.92. The company has a 50-day moving average price of $1,349.97 and a 200-day moving average price of $1,335.27. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.99 by $0.24. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period in the previous year, the business posted $7.83 earnings per share. The firm’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. As a group, equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts have commented on TDG shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. JPMorgan Chase & Co. lifted their price objective on Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a report on Friday, November 14th. Zacks Research raised Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. KeyCorp downgraded shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. Finally, 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 note on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Transdigm Group presently has a consensus rating of “Moderate Buy” and an average target price of $1,584.44.

Insiders Place Their Bets

In other news, Director Kevin M. Stein sold 36,925 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the transaction, the director owned 19,233 shares of the company’s stock, valued at $27,422,219.07. This trade represents a 65.75% 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 Robert J. Small sold 90,953 shares of Transdigm Group stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the transaction, the director directly owned 68,139 shares in the company, valued at approximately $91,014,625.08. The trade was a 57.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 228,658 shares of company stock worth $313,263,459. 3.20% of the stock is owned by insiders.

Transdigm Group 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.