Joel Reiss Sells 3,900 Shares of Transdigm Group (NYSE:TDG) Stock

Transdigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on 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 sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,477,320. The trade was a 52.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Thursday, January 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The shares were sold at an average price of $1,429.92, for a total value of $5,576,688.00.

Transdigm Group Price Performance

Shares of TDG stock opened at $1,199.80 on Thursday. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The stock’s 50-day moving average is $1,335.36 and its two-hundred day moving average is $1,319.22. The firm has a market cap of $67.75 billion, a P/E ratio of 38.60, a PEG ratio of 2.58 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 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period in the previous year, the company earned $7.83 EPS. The firm’s revenue 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, research analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the stock. KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group 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. UBS Group cut their target price on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Finally, Zacks Research raised Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. One investment 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 stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,584.44.

Institutional Trading of Transdigm Group

Large investors have recently modified their holdings of the company. Sumitomo Mitsui Trust Group Inc. raised its holdings in Transdigm Group by 2.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 201,736 shares of the aerospace company’s stock valued at $265,892,000 after acquiring an additional 4,870 shares in the last quarter. Citizens Financial Group Inc. RI grew its holdings in shares of 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 holdings in shares of 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. WINTON GROUP Ltd bought a new stake in shares of Transdigm Group during the second quarter valued at approximately $3,041,000. Finally, Vulcan Value Partners LLC raised its stake in shares of Transdigm Group by 7.8% in the third quarter. Vulcan Value Partners LLC now owns 249,643 shares of the aerospace company’s stock valued at $328,977,000 after purchasing an additional 18,048 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

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.