Y Intercept Hong Kong Ltd Sells 8,033 Shares of Transdigm Group Incorporated $TDG

Y Intercept Hong Kong Ltd cut its holdings in Transdigm Group Incorporated (NYSE:TDG) by 88.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,019 shares of the aerospace company’s stock after selling 8,033 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Transdigm Group were worth $1,343,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Salomon & Ludwin LLC acquired a new stake in shares of Transdigm Group in the 3rd quarter valued at $26,000. Bank of Jackson Hole Trust raised its holdings in Transdigm Group by 84.6% during the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after buying an additional 11 shares in the last quarter. Hantz Financial Services Inc. lifted its position in shares of Transdigm Group by 1,250.0% in the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after buying an additional 25 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Transdigm Group during the 2nd quarter worth about $47,000. Finally, Security National Bank acquired a new position in shares of Transdigm Group during the 3rd quarter valued at about $53,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Transactions at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $5,147,712. This represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert J. Small sold 4,700 shares of Transdigm Group stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $1,290.19, for a total transaction of $6,063,893.00. Following the sale, the director owned 5,625 shares in the company, valued at $7,257,318.75. This represents a 45.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 194,485 shares of company stock worth $263,363,749 over the last quarter. 4.09% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TDG has been the subject of a number of recent analyst reports. Truist Financial decreased their target price on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a research report on Wednesday, October 15th. BNP Paribas Exane began coverage on shares of Transdigm Group in a report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 price objective for the company. Susquehanna lowered their target price on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a research note on Thursday, October 9th. Zacks Research raised shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Finally, BMO Capital Markets raised their price target on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,597.00.

Transdigm Group Stock Performance

NYSE:TDG opened at $1,429.40 on Friday. The firm’s 50-day moving average is $1,358.63 and its 200-day moving average is $1,365.67. The company has a market cap of $80.69 billion, a price-to-earnings ratio of 44.56, a PEG ratio of 3.11 and a beta of 0.94. 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 released its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, topping analysts’ consensus estimates of $10.33 by $0.49. Transdigm Group had a negative return on equity of 31.91% and a net margin of 21.69%.The business had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.40 billion. During the same period last year, the business earned $9.83 earnings per share. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Equities analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current year.

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.