Resona Asset Management Co. Ltd. Cuts Position in Transdigm Group Incorporated $TDG

Resona Asset Management Co. Ltd. decreased its position in Transdigm Group Incorporated (NYSE:TDG) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,686 shares of the aerospace company’s stock after selling 796 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Transdigm Group were worth $22,149,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ares Financial Consulting LLC purchased a new stake in Transdigm Group in the fourth quarter valued at approximately $25,000. Elyxium Wealth LLC purchased a new stake in Transdigm Group in the fourth quarter valued at approximately $25,000. Elevation Wealth Partners LLC raised its position in Transdigm Group by 1,100.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 22 shares during the period. Wealth Watch Advisors INC purchased a new stake in shares of Transdigm Group during the third quarter worth $34,000. Finally, Central Pacific Bank Trust Division increased its position in shares of Transdigm Group by 44.4% during the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 8 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. TD Cowen cut their price objective on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Deutsche Bank Aktiengesellschaft upped their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research report on Wednesday, May 6th. Jefferies Financial Group upped their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. 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 research report on Wednesday, May 6th. Finally, Weiss Ratings lowered Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,524.18.

Insider Activity

In other news, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the completion of the sale, the director owned 21,548 shares in the company, valued at approximately $25,444,309.36. This represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 42,096 shares of company stock valued at $51,417,454 in the last quarter. Insiders own 3.20% of the company’s stock.

Transdigm Group Trading Down 0.3%

Shares of TDG stock opened at $1,178.86 on Wednesday. The firm has a fifty day moving average price of $1,198.52 and a 200 day moving average price of $1,287.59. The company has a market cap of $65.93 billion, a P/E ratio of 36.79, a PEG ratio of 2.07 and a beta of 0.90. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82.

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

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.