Douglas Lane & Associates LLC Has $109.11 Million Stock Position in Transdigm Group Incorporated $TDG

Douglas Lane & Associates LLC decreased its position in Transdigm Group Incorporated (NYSE:TDG) by 0.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 82,048 shares of the aerospace company’s stock after selling 451 shares during the period. Transdigm Group makes up 1.5% of Douglas Lane & Associates LLC’s portfolio, making the stock its 15th largest position. Douglas Lane & Associates LLC owned approximately 0.15% of Transdigm Group worth $109,112,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in TDG. Salomon & Ludwin LLC bought a new stake in Transdigm Group in the 3rd quarter valued at $26,000. Elevation Wealth Partners LLC lifted its position 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 in the last quarter. Central Pacific Bank Trust Division lifted its position in Transdigm Group by 44.4% in the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock valued at $35,000 after acquiring an additional 8 shares in the last quarter. Wealth Watch Advisors INC bought a new stake in Transdigm Group in the 3rd quarter valued at $34,000. Finally, JFS Wealth Advisors LLC lifted its position in Transdigm Group by 55.6% in the 4th quarter. JFS Wealth Advisors LLC now owns 28 shares of the aerospace company’s stock valued at $37,000 after acquiring an additional 10 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analysts Set New Price Targets

TDG has been the topic of several research reports. Robert W. Baird reaffirmed a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a research report on Wednesday, February 4th. KeyCorp cut shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday, December 29th. UBS Group cut their price objective on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Finally, Wells Fargo & Company initiated coverage on shares of Transdigm Group in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,567.40.

Transdigm Group Stock Performance

NYSE:TDG opened at $1,225.81 on Friday. The stock’s 50-day simple moving average is $1,255.48 and its 200 day simple moving average is $1,305.35. The company has a market cap of $69.22 billion, a P/E ratio of 39.44, a P/E/G ratio of 2.54 and a beta of 0.98. Transdigm Group Incorporated has a 52-week low of $1,123.61 and a 52-week high of $1,623.82.

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

Insiders Place Their Bets

In related news, COO Patrick Joseph Murphy sold 290 shares of Transdigm Group stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $1,430.10, for a total value of $414,729.00. Following the sale, the chief operating officer owned 1,055 shares of the company’s stock, valued at approximately $1,508,755.50. The trade was a 21.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $1,243.70, for a total value of $4,850,430.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,477,320. This represents a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 84,017 shares of company stock valued at $115,689,693 in the last quarter. 3.20% of the stock is currently owned by corporate 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.