Strs Ohio Sells 2,459 Shares of Transdigm Group Incorporated $TDG

Strs Ohio trimmed its position in Transdigm Group Incorporated (NYSE:TDG) by 4.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 57,030 shares of the aerospace company’s stock after selling 2,459 shares during the quarter. Strs Ohio owned approximately 0.10% of Transdigm Group worth $75,167,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Norges Bank bought a new position in shares of Transdigm Group in the second quarter valued at about $1,275,035,000. Vanguard Group Inc. boosted its stake in Transdigm Group by 5.3% in the 2nd quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock valued at $10,178,995,000 after purchasing an additional 333,965 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Transdigm Group by 1,566.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 213,775 shares of the aerospace company’s stock valued at $325,075,000 after acquiring an additional 200,949 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Transdigm Group by 56.9% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 196,866 shares of the aerospace company’s stock valued at $299,362,000 after buying an additional 71,399 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its stake in shares of Transdigm Group by 94.6% in the second quarter. Corient Private Wealth LLC now owns 136,898 shares of the aerospace company’s stock valued at $208,284,000 after buying an additional 66,559 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Susquehanna cut their target price on Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research note on Thursday, October 9th. UBS Group raised their price target on shares of Transdigm Group from $1,798.00 to $1,804.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Truist Financial reduced their price objective on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research note on Wednesday, October 15th. Royal Bank Of Canada lifted their price objective on Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 13th. Finally, BMO Capital Markets lifted their price target on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,597.00.

Transdigm Group Stock Performance

NYSE TDG opened at $1,419.51 on Friday. The company has a market capitalization of $79.95 billion, a PE ratio of 44.25, a price-to-earnings-growth ratio of 3.18 and a beta of 0.94. Transdigm Group Incorporated has a 52-week low of $1,183.60 and a 52-week high of $1,623.82. The company has a 50-day simple moving average of $1,348.69 and a 200 day simple moving average of $1,370.47.

Transdigm Group (NYSE:TDG) last released its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. Transdigm Group had a net margin of 21.69% and a negative return on equity of 31.91%. The firm had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.40 billion. During the same period in the prior year, the firm earned $9.83 EPS. The company’s revenue was up 11.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insider Activity

In related news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $1,429.92, for a total transaction of $5,576,688.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $5,147,712. The trade was a 52.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert J. Small sold 4,700 shares of the firm’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $1,290.19, for a total transaction of $6,063,893.00. Following the completion of the transaction, the director directly owned 5,625 shares of the company’s stock, valued at approximately $7,257,318.75. The trade was a 45.52% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 195,765 shares of company stock valued at $265,101,510. Corporate insiders own 4.09% of the company’s stock.

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.