Exchange Traded Concepts LLC Reduces Stock Holdings in Transdigm Group Incorporated $TDG

Exchange Traded Concepts LLC reduced its position in Transdigm Group Incorporated (NYSE:TDG) by 15.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,037 shares of the aerospace company’s stock after selling 551 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Transdigm Group were worth $4,039,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Salomon & Ludwin LLC purchased a new stake in Transdigm Group in the 3rd quarter worth about $26,000. Elevation Wealth Partners LLC raised its stake in Transdigm Group by 1,100.0% in the 4th quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 22 shares during the period. Central Pacific Bank Trust Division lifted its holdings in Transdigm Group by 44.4% during the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock valued at $35,000 after purchasing an additional 8 shares during the last quarter. Wealth Watch Advisors INC purchased a new stake in Transdigm Group during the third quarter valued at about $34,000. Finally, JFS Wealth Advisors LLC boosted its position in Transdigm Group by 55.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 28 shares of the aerospace company’s stock worth $37,000 after purchasing an additional 10 shares during the period. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 10,168 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $1,307.68, for a total transaction of $13,296,490.24. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at $28,177,888.64. This represents a 32.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Michael Lisman bought 950 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were bought at an average price of $1,284.26 per share, with a total value of $1,220,047.00. Following the completion of the acquisition, the chief executive officer directly owned 3,259 shares in the company, valued at $4,185,403.34. This trade represents a 41.14% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 126,680 shares of company stock worth $174,863,016 in the last quarter. 3.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

TDG has been the subject of a number of recent research reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. Robert W. Baird restated a “neutral” rating and set a $1,400.00 target price on shares of Transdigm Group in a research report on Wednesday, February 4th. Zacks Research raised Transdigm Group from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Finally, UBS Group decreased their price objective on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,584.44.

Transdigm Group Stock Performance

Transdigm Group stock opened at $1,133.08 on Tuesday. Transdigm Group Incorporated has a fifty-two week low of $1,127.56 and a fifty-two week high of $1,623.82. The stock has a market cap of $63.98 billion, a P/E ratio of 36.46, a price-to-earnings-growth ratio of 2.39 and a beta of 0.93. The firm’s fifty day moving average price is $1,294.77 and its 200-day moving average price is $1,311.18.

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

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.