W Nicholas Howley Sells 10,132 Shares of Transdigm Group (NYSE:TDG) Stock

Transdigm Group Incorporated (NYSE:TDG) Director W Nicholas Howley sold 10,132 shares of the stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $1,213.05, for a total value of $12,290,622.60. Following the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $26,138,801.40. This represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

W Nicholas Howley also recently made the following trade(s):

• On Wednesday, February 18th, W Nicholas Howley sold 10,168 shares of Transdigm Group stock. The shares were sold at an average price of $1,307.68, for a total value of $13,296,490.24.

Transdigm Group Price Performance

Shares of TDG stock opened at $1,178.62 on Friday. Transdigm Group Incorporated has a fifty-two week low of $1,169.36 and a fifty-two week high of $1,623.82. The stock’s 50-day moving average is $1,327.36 and its two-hundred day moving average is $1,316.78. The firm has a market cap of $66.56 billion, a P/E ratio of 37.92, a PEG ratio of 2.50 and a beta of 0.93.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, beating the consensus estimate of $7.99 by $0.24. The business 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 firm’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $7.83 EPS. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, research analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Institutional Investors Weigh In On Transdigm Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new stake in Transdigm Group in the 2nd quarter valued at approximately $1,275,035,000. Principal Financial Group Inc. lifted its holdings in shares of Transdigm Group by 18.3% during the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after buying an additional 367,756 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Transdigm Group by 161.7% in the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock valued at $626,704,000 after acquiring an additional 293,821 shares during the period. Capital Research Global Investors grew its stake in shares of Transdigm Group by 12.2% in the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after acquiring an additional 268,824 shares during the last quarter. Finally, Capital International Investors grew its stake in shares of Transdigm Group by 4.1% in the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after acquiring an additional 254,750 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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.