KLP Kapitalforvaltning AS Sells 5,250 Shares of Transdigm Group Incorporated $TDG

KLP Kapitalforvaltning AS lowered its holdings in Transdigm Group Incorporated (NYSE:TDG) by 14.0% in the 4th quarter, Holdings Channel reports. The firm owned 32,142 shares of the aerospace company’s stock after selling 5,250 shares during the period. KLP Kapitalforvaltning AS’s holdings in Transdigm Group were worth $42,744,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC purchased a new stake in Transdigm Group in the third quarter worth approximately $26,000. Elevation Wealth Partners LLC boosted its holdings in Transdigm Group by 1,100.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 22 shares during the last quarter. Wealth Watch Advisors INC purchased a new stake in Transdigm Group in the third quarter worth approximately $34,000. Central Pacific Bank Trust Division boosted its holdings in Transdigm Group by 44.4% in the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 8 shares during the last quarter. Finally, JFS Wealth Advisors LLC boosted its holdings in Transdigm Group by 55.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 28 shares of the aerospace company’s stock worth $37,000 after purchasing an additional 10 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insider Transactions at Transdigm Group

In related news, COO Patrick Joseph Murphy sold 290 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $1,430.10, for a total transaction of $414,729.00. Following the completion of the transaction, the chief operating officer owned 1,055 shares in the company, valued at approximately $1,508,755.50. This represents a 21.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael Lisman bought 950 shares of the company’s stock in a transaction that occurred on Friday, February 6th. The shares were bought at an average price of $1,284.26 per share, with a total value of $1,220,047.00. Following the transaction, the chief executive officer owned 3,259 shares of the company’s stock, valued at $4,185,403.34. The trade was a 41.14% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders sold 86,522 shares of company stock valued at $117,197,926. Company insiders own 3.20% of the company’s stock.

Transdigm Group Trading Down 5.5%

Shares of NYSE TDG opened at $1,204.74 on Wednesday. The firm has a 50 day moving average of $1,243.45 and a 200 day moving average of $1,302.80. The firm has a market capitalization of $68.03 billion, a price-to-earnings ratio of 38.76, a price-to-earnings-growth ratio of 2.69 and a beta of 0.98. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.99 by $0.24. The company 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 firm’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business posted $7.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Sell-side analysts predict that Transdigm Group Incorporated will post 36.71 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Robert W. Baird restated a “neutral” rating and issued a $1,400.00 target price on shares of Transdigm Group in a report on Wednesday, February 4th. KeyCorp cut shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. UBS Group dropped their target price on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Weiss Ratings cut shares of Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, April 13th. Finally, Wells Fargo & Company initiated coverage on shares of Transdigm Group in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,567.40.

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.