Transdigm Group Incorporated $TDG Shares Sold by BI Asset Management Fondsmaeglerselskab A S

BI Asset Management Fondsmaeglerselskab A S lowered its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 48.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,282 shares of the aerospace company’s stock after selling 2,109 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Transdigm Group were worth $3,035,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ares Financial Consulting LLC acquired a new position in Transdigm Group during the fourth quarter worth $25,000. Elyxium Wealth LLC acquired a new position in Transdigm Group during the fourth quarter worth $25,000. Elevation Wealth Partners LLC boosted its stake in Transdigm Group by 1,100.0% during the fourth quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock worth $32,000 after buying an additional 22 shares during the last quarter. Central Pacific Bank Trust Division boosted its stake in Transdigm Group by 44.4% during the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after buying an additional 8 shares during the last quarter. Finally, Wealth Watch Advisors INC acquired a new position in Transdigm Group during the third quarter worth $34,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Stock Down 2.7%

Shares of Transdigm Group stock opened at $1,205.12 on Tuesday. The business’s fifty day simple moving average is $1,204.20 and its 200-day simple moving average is $1,280.00. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,623.82. The firm has a market cap of $67.40 billion, a PE ratio of 37.61, a price-to-earnings-growth ratio of 2.17 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.46 by $0.39. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same quarter in the prior year, the company earned $9.11 EPS. Transdigm Group’s revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, equities analysts expect that Transdigm Group Incorporated will post 37.82 earnings per share for the current year.

Insider Activity

In related news, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $1,213.05, for a total transaction of $12,290,622.60. Following the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,154,724. The trade was a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 42,096 shares of company stock worth $51,417,454. 3.20% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have weighed in on TDG. Wall Street Zen raised Transdigm Group from a “hold” rating to a “buy” rating in a research note on Saturday. Wells Fargo & Company initiated coverage on Transdigm Group in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price target on the stock. Weiss Ratings lowered Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. TD Cowen decreased their price target on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Finally, Susquehanna decreased their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Ten analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,524.18.

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.