Exchange Traded Concepts LLC Sells 551 Shares of Transdigm Group Incorporated $TDG

Exchange Traded Concepts LLC lowered its holdings in Transdigm Group Incorporated (NYSE:TDG) by 15.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,037 shares of the aerospace company’s stock after selling 551 shares during the period. Exchange Traded Concepts LLC’s holdings in Transdigm Group were worth $4,039,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Empowered Funds LLC raised its holdings in shares of Transdigm Group by 5.0% during the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock valued at $1,898,000 after acquiring an additional 65 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in Transdigm Group by 92.3% in the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock valued at $376,000 after acquiring an additional 131 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Transdigm Group by 1.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,798 shares of the aerospace company’s stock valued at $8,817,000 after purchasing an additional 86 shares during the period. West Family Investments Inc. bought a new position in Transdigm Group in the 2nd quarter worth $237,000. Finally, Panagora Asset Management Inc. bought a new position in Transdigm Group in the 2nd quarter worth $973,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,133.08 on Tuesday. Transdigm Group Incorporated has a 1 year low of $1,127.56 and a 1 year high of $1,623.82. The stock has a market cap of $63.98 billion, a P/E ratio of 36.46, a price-to-earnings-growth ratio of 2.39 and a beta of 0.93. The firm has a 50-day moving average of $1,294.77 and a 200 day moving average of $1,311.18.

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

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was 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 owned 3,600 shares in the company, valued at $4,477,320. This represents a 52.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Patrick Joseph Murphy sold 290 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $1,430.10, for a total value of $414,729.00. Following the transaction, the chief operating officer directly owned 1,055 shares of the company’s stock, valued at approximately $1,508,755.50. This trade represents a 21.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 126,680 shares of company stock worth $174,863,016 over the last three months. Corporate insiders own 3.20% of the company’s stock.

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.