Crossmark Global Holdings Inc. Cuts Stock Position in Transdigm Group Incorporated $TDG

Crossmark Global Holdings Inc. trimmed its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 12.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,855 shares of the aerospace company’s stock after selling 419 shares during the period. Crossmark Global Holdings Inc.’s holdings in Transdigm Group were worth $3,763,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Norges Bank bought a new position in Transdigm Group during the second quarter valued at approximately $1,275,035,000. Principal Financial Group Inc. lifted its holdings in shares of Transdigm Group by 18.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after acquiring an additional 367,756 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Transdigm Group by 5.3% in the 2nd quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock worth $10,178,995,000 after acquiring an additional 333,965 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Transdigm Group by 1,566.7% in the 2nd 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 purchasing an additional 200,949 shares in the last quarter. Finally, Corient Private Wealth LLC grew its holdings in shares of Transdigm Group by 94.6% during the 2nd quarter. Corient Private Wealth LLC now owns 136,898 shares of the aerospace company’s stock valued at $208,284,000 after purchasing an additional 66,559 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Up 0.0%

Shares of TDG opened at $1,295.09 on Friday. The stock has a market capitalization of $73.13 billion, a P/E ratio of 41.67, a PEG ratio of 2.71 and a beta of 0.93. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The firm has a fifty day simple moving average of $1,352.67 and a two-hundred day simple moving average of $1,328.18.

Transdigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.99 by $0.24. The firm had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.26 billion. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The company’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $7.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Sell-side analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Morgan Stanley boosted their price target on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. boosted their target price on Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. BMO Capital Markets increased their target price on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, November 13th. Finally, UBS Group reduced their price target on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Transdigm Group currently has a consensus rating of “Moderate Buy” and an average price target of $1,584.44.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $1,429.92, for a total transaction of $5,576,688.00. Following the transaction, the chief operating officer directly 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 10,168 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $1,307.68, for a total value of $13,296,490.24. Following the transaction, the director owned 21,548 shares of the company’s stock, valued at approximately $28,177,888.64. This represents a 32.06% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 212,201 shares of company stock worth $290,306,625. 3.20% of the stock is currently owned by company 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.