Dorsey Wright & Associates Trims Position in Transdigm Group Incorporated $TDG

Dorsey Wright & Associates cut its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 91.2% in the third quarter, HoldingsChannel reports. The firm owned 302 shares of the aerospace company’s stock after selling 3,143 shares during the period. Dorsey Wright & Associates’ holdings in Transdigm Group were worth $398,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new stake in shares of Transdigm Group during the 3rd quarter worth $26,000. Wealth Watch Advisors INC acquired a new position in Transdigm Group during the 3rd quarter valued at about $34,000. Pinnacle Holdings LLC purchased a new stake in Transdigm Group in the third quarter valued at about $41,000. Security National Bank purchased a new stake in Transdigm Group in the third quarter valued at about $53,000. Finally, Ameritas Advisory Services LLC grew its stake in shares of Transdigm Group by 38.7% during the third quarter. Ameritas Advisory Services LLC now owns 43 shares of the aerospace company’s stock worth $56,000 after acquiring an additional 12 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Transdigm Group Trading Down 1.2%

Shares of NYSE TDG opened at $1,232.55 on Wednesday. The company has a 50 day simple moving average of $1,339.08 and a two-hundred day simple moving average of $1,320.06. The stock has a market cap of $69.60 billion, a price-to-earnings ratio of 39.66, a PEG ratio of 2.62 and a beta of 0.93. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82.

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

Insider Activity at Transdigm Group

In other news, Director W Nicholas Howley sold 10,168 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $1,307.68, for a total value of $13,296,490.24. Following the completion of the transaction, the director owned 21,548 shares of the company’s stock, valued at $28,177,888.64. The trade was a 32.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Michael Lisman bought 950 shares of the stock in a transaction dated Friday, February 6th. The stock was bought at an average price of $1,284.26 per share, for a total transaction of $1,220,047.00. Following the purchase, the chief executive officer directly owned 3,259 shares of the company’s stock, valued at approximately $4,185,403.34. The trade was a 41.14% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 116,548 shares of company stock worth $162,572,393 in the last three months. Company insiders own 3.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Robert W. Baird reaffirmed a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a research report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday, December 29th. BNP Paribas Exane initiated coverage on shares of Transdigm Group in a report on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 price target for the company. Zacks Research raised shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Finally, UBS Group reduced their target price on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Transdigm Group currently has an average rating of “Moderate Buy” and an average target price of $1,584.44.

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.