Transdigm Group (NYSE:TDG) COO Sells $4,993,794.00 in Stock

Transdigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $1,280.46, for a total value of $4,993,794.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,609,656. This trade represents a 52.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Joel Reiss also recently made the following trade(s):

• On Monday, March 16th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,243.70, for a total value of $4,850,430.00.

Transdigm Group Stock Performance

NYSE TDG opened at $1,265.69 on Friday. The stock’s fifty day moving average is $1,246.16 and its two-hundred day moving average is $1,303.44. The firm has a market capitalization of $71.47 billion, a P/E ratio of 40.72, a price-to-earnings-growth ratio of 2.59 and a beta of 0.98. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,623.82.

Transdigm Group (NYSE:TDG) last posted 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 for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the previous year, the business earned $7.83 earnings per share. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, sell-side analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Institutional Investors Weigh In On Transdigm Group

Several institutional investors and hedge funds have recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. grew its stake in Transdigm Group by 2.5% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 201,736 shares of the aerospace company’s stock worth $265,892,000 after purchasing an additional 4,870 shares in the last quarter. Citizens Financial Group Inc. RI grew its stake in Transdigm Group by 272.4% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 3,009 shares of the aerospace company’s stock worth $3,965,000 after purchasing an additional 2,201 shares in the last quarter. Principal Financial Group Inc. grew its stake in Transdigm Group by 18.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after purchasing an additional 367,756 shares in the last quarter. Vulcan Value Partners LLC grew its stake in Transdigm Group by 7.8% during the 3rd quarter. Vulcan Value Partners LLC now owns 249,643 shares of the aerospace company’s stock worth $328,977,000 after purchasing an additional 18,048 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in Transdigm Group by 2.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 73,818 shares of the aerospace company’s stock worth $97,293,000 after purchasing an additional 1,706 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on TDG shares. KeyCorp downgraded Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Wells Fargo & Company started coverage on Transdigm Group in a research report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 target price on the stock. Weiss Ratings downgraded Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. Robert W. Baird restated a “neutral” rating and issued a $1,400.00 target price on shares of Transdigm Group in a research report on Wednesday, February 4th. Finally, UBS Group reduced their target price on 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. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, Transdigm Group has an average rating of “Moderate Buy” and a consensus price target of $1,567.40.

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.