Transdigm Group (NYSE:TDG) COO Sells $4,624,964.00 in Stock

Transdigm Group Incorporated (NYSE:TDG) COO Joel Reiss sold 4,100 shares of Transdigm Group stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,060,944. This trade represents a 53.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Joel Reiss also recently made the following trade(s):

• On Tuesday, September 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,094.58, for a total transaction of $4,268,862.00.
• On Monday, August 17th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00.

Transdigm Group Stock Up 0.4%

Shares of TDG traded up $4.41 during trading hours on Friday, reaching $1,138.65. 394,853 shares of the company traded hands, compared to its average volume of 392,760. The business has a fifty day moving average price of $1,148.08 and a 200-day moving average price of $1,207.32. Transdigm Group Incorporated has a 12-month low of $1,071.25 and a 12-month high of $1,463.03. The stock has a market capitalization of $63.68 billion, a P/E ratio of 34.55, a P/E/G ratio of 1.57 and a beta of 0.96.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%. The firm’s quarterly revenue 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. As a group, research analysts predict that Transdigm Group Incorporated will post 38.88 EPS for the current fiscal year.

Analyst Ratings Changes

TDG has been the subject of a number of research reports. UBS Group lifted their target price 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. The Goldman Sachs Group cut their price target on shares of Transdigm Group from $1,972.00 to $1,745.00 and set a “buy” rating on the stock in a report on Monday. Melius Research reiterated a “hold” rating and issued a $1,331.00 price target on shares of Transdigm Group in a report on Monday, September 14th. Wells Fargo & Company reduced their price target on shares of Transdigm Group from $1,450.00 to $1,210.00 and set an “equal weight” rating for the company in a research report on Wednesday, September 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Transdigm Group in a research note on Friday, August 28th. Five investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat, Transdigm Group currently has a consensus rating of “Hold” and an average target price of $1,431.40.

Hedge Funds Weigh In On Transdigm Group

A number of institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new position in shares of Transdigm Group in the 2nd quarter valued at about $6,489,039,000. Stockbridge Partners LLC acquired a new stake in Transdigm Group during the second quarter worth about $578,480,000. Primecap Management Co. CA acquired a new stake in Transdigm Group during the second quarter worth about $546,425,000. The Manufacturers Life Insurance Company acquired a new stake in Transdigm Group during the second quarter worth about $522,754,000. Finally, Bank of New York Mellon Corp purchased a new position in Transdigm Group during the second quarter valued at approximately $424,587,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Transdigm Group Company Profile

TransDigm Group Incorporated is an aerospace manufacturing company that designs, produces and supplies highly engineered aircraft components, systems and related products. Its offerings include engine and airframe components, ignition systems, pumps, valves, cockpit and cabin equipment, data and control systems, and other specialized products used on commercial, business, general aviation and military aircraft.

The company serves both original equipment manufacturers and the aftermarket.