Blacksheep Fund Management Ltd Decreases Position in Transdigm Group Incorporated $TDG

Blacksheep Fund Management Ltd lowered its position in Transdigm Group Incorporated (NYSE:TDG) by 97.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,332 shares of the aerospace company’s stock after selling 44,422 shares during the period. Transdigm Group accounts for 76.8% of Blacksheep Fund Management Ltd’s portfolio, making the stock its largest holding. Blacksheep Fund Management Ltd’s holdings in Transdigm Group were worth $1,774,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Capital International Investors increased its holdings in Transdigm Group by 0.9% during the 4th quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock valued at $8,702,655,000 after purchasing an additional 55,230 shares in the last quarter. BlackRock Inc. acquired a new position in Transdigm Group in the second quarter worth $6,489,039,000. Capital World Investors boosted its stake in Transdigm Group by 0.4% in the fourth quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock worth $5,258,898,000 after purchasing an additional 15,825 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of Transdigm Group by 12.2% during the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after purchasing an additional 268,824 shares during the last quarter. Finally, State Street Corp increased its stake in shares of Transdigm Group by 2.8% in the fourth quarter. State Street Corp now owns 2,456,186 shares of the aerospace company’s stock valued at $3,266,359,000 after buying an additional 67,348 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on TDG. Royal Bank Of Canada cut their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price objective on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. UBS Group raised their price objective on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Morgan Stanley downgraded shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research report on Wednesday, August 5th. Six research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $1,463.71.

Transdigm Group Stock Down 1.5%

Shares of TDG opened at $1,154.69 on Wednesday. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,463.03. The firm has a market capitalization of $64.58 billion, a PE ratio of 35.03, a price-to-earnings-growth ratio of 1.96 and a beta of 0.91. The stock’s fifty day simple moving average is $1,252.62 and its 200-day simple moving average is $1,240.05.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The company’s revenue was up 22.5% on a year-over-year basis. During the same period last year, the company earned $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Analysts anticipate that Transdigm Group Incorporated will post 38.81 EPS for the current year.

Insider Activity at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the completion of the sale, the director owned 21,548 shares in the company, valued at $26,639,361.44. The trade was a 31.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,459,536. This represents a 52.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 38,196 shares of company stock valued at $48,027,598. 3.20% of the stock is owned by corporate insiders.

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.