Bamco Inc. NY Sells 4,350 Shares of Transdigm Group Incorporated $TDG

Bamco Inc. NY decreased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 77,799 shares of the aerospace company’s stock after selling 4,350 shares during the period. Bamco Inc. NY’s holdings in Transdigm Group were worth $103,461,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Norges Bank purchased a new position in Transdigm Group during the 4th quarter worth $1,025,591,000. Franklin Resources Inc. boosted its holdings in Transdigm Group by 161.7% during the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after purchasing an additional 293,821 shares during the last quarter. Capital Research Global Investors grew its position in Transdigm Group by 12.2% in the 4th 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 in the last quarter. Capital International Investors grew its position in Transdigm Group by 4.1% in the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after purchasing an additional 254,750 shares in the last quarter. Finally, Temasek Holdings Private Ltd purchased a new stake in Transdigm Group in the 4th quarter valued at about $193,544,000. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on TDG. Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Royal Bank Of Canada decreased 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 research report on Wednesday, May 6th. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a report on Sunday. Deutsche Bank Aktiengesellschaft upped their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. raised their target price on Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research report on Monday. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,525.06.

Transdigm Group Trading Up 1.1%

NYSE:TDG opened at $1,315.78 on Thursday. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82. The firm’s 50 day moving average is $1,219.16 and its 200 day moving average is $1,276.24. The stock has a market capitalization of $73.59 billion, a PE ratio of 41.07, a price-to-earnings-growth ratio of 2.28 and a beta of 0.91.

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

Insider Activity

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,154,724. This represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the completion of the transaction, the director owned 21,548 shares of the company’s stock, valued at $25,444,309.36. The trade was a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 28,064 shares of company stock valued at $34,276,401. 3.20% of the stock is currently owned by insiders.

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.