Bristol John W & Co. Inc. NY Decreases Stake in Transdigm Group Incorporated $TDG

Bristol John W & Co. Inc. NY cut its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 2.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 88,467 shares of the aerospace company’s stock after selling 2,031 shares during the period. Transdigm Group makes up about 1.8% of Bristol John W & Co. Inc. NY’s portfolio, making the stock its 18th biggest holding. Bristol John W & Co. Inc. NY owned about 0.16% of Transdigm Group worth $116,601,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in TDG. Vanguard Group Inc. raised its holdings in shares of Transdigm Group by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock worth $8,982,225,000 after acquiring an additional 121,049 shares in the last quarter. Capital International Investors grew its holdings in shares of Transdigm Group by 4.1% in the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after purchasing an additional 254,750 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Transdigm Group by 18.3% in the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after purchasing an additional 367,756 shares in the last quarter. State Street Corp increased its position in Transdigm Group by 2.5% in the second quarter. State Street Corp now owns 2,343,288 shares of the aerospace company’s stock worth $3,563,297,000 after purchasing an additional 56,141 shares during the last quarter. Finally, Capital Research Global Investors raised its stake in Transdigm Group by 10.2% during the third quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock valued at $2,909,850,000 after purchasing an additional 203,997 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insiders Place Their Bets

In other Transdigm Group news, CEO Michael Lisman purchased 950 shares of Transdigm Group stock in a transaction dated Friday, February 6th. The shares were purchased at an average cost of $1,284.26 per share, for a total transaction of $1,220,047.00. Following the completion of the acquisition, the chief executive officer owned 3,259 shares in the company, valued at $4,185,403.34. This represents a 41.14% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $5,147,712. This represents a 52.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 116,548 shares of company stock valued at $162,754,991 over the last quarter. Corporate insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

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

Transdigm Group Stock Down 2.7%

TDG stock opened at $1,224.39 on Friday. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The stock has a market capitalization of $69.14 billion, a price-to-earnings ratio of 39.39, a price-to-earnings-growth ratio of 2.64 and a beta of 0.93. The firm’s fifty day simple moving average is $1,347.32 and its two-hundred day simple moving average is $1,324.68.

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

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.