Westfield Capital Management Co. LP Sells 72,116 Shares of Transdigm Group Incorporated $TDG

Westfield Capital Management Co. LP reduced its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 24.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 217,897 shares of the aerospace company’s stock after selling 72,116 shares during the quarter. Transdigm Group comprises 1.2% of Westfield Capital Management Co. LP’s portfolio, making the stock its 14th biggest position. Westfield Capital Management Co. LP owned 0.39% of Transdigm Group worth $287,192,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. Salomon & Ludwin LLC bought a new position in Transdigm Group during the 3rd quarter worth approximately $26,000. Bank of Jackson Hole Trust raised its holdings in Transdigm Group by 84.6% in the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 11 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares in the last quarter. Security National Bank acquired a new position in shares of Transdigm Group in the 3rd quarter valued at $53,000. Finally, NewSquare Capital LLC grew its holdings in shares of Transdigm Group by 48.3% in the 2nd quarter. NewSquare Capital LLC now owns 43 shares of the aerospace company’s stock valued at $65,000 after buying an additional 14 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Kevin M. Stein sold 36,925 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the sale, the director owned 19,233 shares in the company, valued at approximately $27,422,219.07. This represents a 65.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert J. Small sold 90,953 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total transaction of $121,487,741.16. Following the completion of the transaction, the director owned 68,139 shares in the company, valued at approximately $91,014,625.08. This represents a 57.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 224,441 shares of company stock worth $307,525,909. Company insiders own 3.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TDG. Stifel Nicolaus reduced their target price on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a report on Thursday, November 13th. UBS Group dropped their price target on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Zacks Research upgraded Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Finally, BNP Paribas Exane initiated coverage on shares of Transdigm Group in a research report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Transdigm Group presently has an average rating of “Moderate Buy” and an average target price of $1,584.44.

Transdigm Group Stock Up 0.0%

NYSE:TDG opened at $1,294.49 on Thursday. The firm has a market capitalization of $73.10 billion, a price-to-earnings ratio of 41.65, a price-to-earnings-growth ratio of 2.71 and a beta of 0.92. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The stock’s 50 day moving average price is $1,351.20 and its two-hundred day moving average price is $1,332.91.

Transdigm Group (NYSE:TDG) last issued its earnings results 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 the consensus estimate of $2.26 billion. During the same period in the previous year, the company earned $7.83 earnings per share. The firm’s revenue for the quarter 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, analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share 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.