Thornburg Investment Management Inc. Sells 27,237 Shares of Transdigm Group Incorporated $TDG

Thornburg Investment Management Inc. decreased its stake in Transdigm Group Incorporated (NYSE:TDG) by 91.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,425 shares of the aerospace company’s stock after selling 27,237 shares during the quarter. Thornburg Investment Management Inc.’s holdings in Transdigm Group were worth $3,230,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Elyxium Wealth LLC bought a new stake in shares of Transdigm Group in the 4th quarter valued at about $25,000. Burkett Financial Services LLC acquired a new position in shares of Transdigm Group in the 2nd quarter valued at $25,000. MCF Advisors LLC increased its position in shares of Transdigm Group by 900.0% in the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after buying an additional 18 shares in the last quarter. Transamerica Financial Advisors LLC increased its position in shares of Transdigm Group by 1,900.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after buying an additional 19 shares in the last quarter. Finally, Colonial Trust Co SC raised its stake in Transdigm Group by 162.5% during the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock worth $29,000 after buying an additional 13 shares during the period. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Trading Down 0.2%

Shares of NYSE TDG opened at $1,184.14 on Friday. The company has a fifty day moving average price of $1,257.95 and a 200 day moving average price of $1,242.67. The firm has a market cap of $66.23 billion, a PE ratio of 35.93, a PEG ratio of 1.98 and a beta of 0.91. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,463.03.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.30 by $0.57. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate 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 for the quarter was up 22.5% on a year-over-year basis. During the same quarter last year, the business posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Equities research analysts forecast that Transdigm Group Incorporated will post 38.81 EPS for the current year.

Insider Buying and Selling

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the sale, the director owned 21,548 shares in the company, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,459,536. This trade represents a 52.00% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 38,196 shares of company stock worth $48,027,598. 3.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Weiss Ratings lowered Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. UBS Group increased their price target on Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. raised their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Royal Bank Of Canada cut their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Finally, Wall Street Zen cut Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Six analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $1,463.71.

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.