Employees Retirement System of Texas Sells 700 Shares of Transdigm Group Incorporated $TDG

Employees Retirement System of Texas reduced its holdings in Transdigm Group Incorporated (NYSE:TDG) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 40,587 shares of the aerospace company’s stock after selling 700 shares during the quarter. Employees Retirement System of Texas owned about 0.07% of Transdigm Group worth $53,975,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Tower Wealth Partners Inc. increased its position in Transdigm Group by 4.5% in the 3rd quarter. Tower Wealth Partners Inc. now owns 187 shares of the aerospace company’s stock valued at $246,000 after acquiring an additional 8 shares during the period. Central Pacific Bank Trust Division increased its position in Transdigm Group by 44.4% in the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock valued at $35,000 after acquiring an additional 8 shares during the period. Family Legacy Inc. increased its position in Transdigm Group by 0.3% in the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after acquiring an additional 8 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its position in Transdigm Group by 17.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after acquiring an additional 8 shares during the period. Finally, Simmons Bank increased its position in Transdigm Group by 2.3% in the 3rd quarter. Simmons Bank now owns 404 shares of the aerospace company’s stock valued at $532,000 after acquiring an additional 9 shares during the period. 95.78% of the stock is currently owned by institutional investors.

Insider Activity at Transdigm Group

In other news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,154,724. The trade was a 52.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the sale, the director directly owned 21,548 shares in the company, valued at $25,444,309.36. This trade represents a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,096 shares of company stock worth $51,417,454 in the last three months. Corporate insiders own 3.20% of the company’s stock.

Transdigm Group Trading Up 1.2%

Shares of TDG opened at $1,228.61 on Wednesday. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82. The stock’s 50 day moving average is $1,194.93 and its two-hundred day moving average is $1,284.71. The firm has a market capitalization of $68.72 billion, a PE ratio of 38.35, a P/E/G ratio of 2.12 and a beta of 0.90.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, beating analysts’ consensus estimates of $9.46 by $0.39. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The firm’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, sell-side analysts predict that Transdigm Group Incorporated will post 37.82 EPS for the current year.

Wall Street Analysts Forecast Growth

TDG has been the topic of several recent research reports. BMO Capital Markets dropped their price target on Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 31st. Robert W. Baird reaffirmed a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a report on Wednesday, February 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a report on Wednesday, May 6th. Susquehanna lowered their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Finally, Jefferies Financial Group lifted their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,524.18.

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.