Gardner Lewis Asset Management L P Sells 2,197 Shares of Transdigm Group Incorporated $TDG

Gardner Lewis Asset Management L P lowered its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 29.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,367 shares of the aerospace company’s stock after selling 2,197 shares during the quarter. Transdigm Group accounts for about 1.7% of Gardner Lewis Asset Management L P’s portfolio, making the stock its 18th largest position. Gardner Lewis Asset Management L P’s holdings in Transdigm Group were worth $7,074,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank bought a new stake in shares of Transdigm Group in the 2nd quarter worth about $1,275,035,000. Principal Financial Group Inc. grew its position in Transdigm Group by 18.3% in the third 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 in the last quarter. Vanguard Group Inc. grew its position in Transdigm Group by 5.3% in the second 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 in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Transdigm Group by 1,566.7% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 213,775 shares of the aerospace company’s stock worth $325,075,000 after acquiring an additional 200,949 shares during the last quarter. Finally, Corient Private Wealth LLC raised its position in Transdigm Group by 94.6% during the second 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 period. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Trading Up 0.7%

NYSE:TDG opened at $1,339.96 on Friday. The company has a market cap of $75.67 billion, a price-to-earnings ratio of 43.11, a price-to-earnings-growth ratio of 2.87 and a beta of 0.92. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The stock has a fifty day simple moving average of $1,349.97 and a 200-day simple moving average of $1,335.27.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 EPS 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 analysts’ expectations of $2.26 billion. During the same period in the prior year, the business posted $7.83 earnings per share. The business’s revenue for the quarter was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, equities research analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on TDG. Morgan Stanley lifted their target price on Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. BMO Capital Markets raised their price target on Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Robert W. Baird reissued a “neutral” rating and issued a $1,400.00 target price on shares of Transdigm Group in a research note on Wednesday, February 4th. Finally, BNP Paribas Exane assumed coverage on shares of Transdigm Group in a research note on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 price target for the company. 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 company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,584.44.

Insider Buying and Selling

In other news, Director Robert J. Small sold 90,953 shares of Transdigm Group stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total transaction of $121,487,741.16. Following the completion of the sale, the director owned 68,139 shares of the company’s stock, valued at approximately $91,014,625.08. The trade was a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Kevin M. Stein sold 36,925 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the completion of the sale, the director owned 19,233 shares of the company’s stock, valued at $27,422,219.07. The trade was a 65.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 228,658 shares of company stock worth $313,263,459. Corporate insiders own 3.20% 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.