Cullen Frost Bankers Inc. Reduces Holdings in Transdigm Group Incorporated $TDG

Cullen Frost Bankers Inc. trimmed its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 8.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,597 shares of the aerospace company’s stock after selling 633 shares during the quarter. Cullen Frost Bankers Inc.’s holdings in Transdigm Group were worth $8,772,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Transdigm Group by 1.8% during the third quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock worth $8,982,225,000 after purchasing an additional 121,049 shares in the last quarter. Capital International Investors increased its position in shares of Transdigm Group by 4.1% during the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after purchasing an additional 254,750 shares in the last quarter. State Street Corp increased its position in shares of Transdigm Group by 1.9% during the third quarter. State Street Corp now owns 2,388,838 shares of the aerospace company’s stock worth $3,148,536,000 after purchasing an additional 45,550 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Transdigm Group by 18.3% during 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 purchasing an additional 367,756 shares in the last quarter. Finally, Capital Research Global Investors increased its position in shares of Transdigm Group by 10.2% during the third quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock worth $2,909,850,000 after purchasing an additional 203,997 shares in the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $1,213.05, for a total value of $12,290,622.60. Following the transaction, the director owned 21,548 shares of the company’s stock, valued at $26,138,801.40. This represents a 31.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,154,724. This trade represents a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 42,096 shares of company stock worth $51,417,454. Corporate insiders own 3.20% of the company’s stock.

Transdigm Group Stock Up 1.7%

Shares of Transdigm Group stock opened at $1,198.64 on Thursday. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,623.82. The business’s fifty day simple moving average is $1,196.95 and its 200-day simple moving average is $1,286.84. The firm has a market cap of $67.04 billion, a PE ratio of 37.41, a price-to-earnings-growth ratio of 2.06 and a beta of 0.90.

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

Analyst Ratings Changes

Several analysts recently commented on TDG shares. Morgan Stanley boosted their price target on Transdigm Group from $1,660.00 to $1,680.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. BMO Capital Markets lowered their price objective on Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 31st. Robert W. Baird reissued a “neutral” rating and set a $1,400.00 price objective on shares of Transdigm Group in a research note on Wednesday, February 4th. TD Cowen lowered 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 note on Wednesday, April 8th. Finally, Royal Bank Of Canada lowered 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 note on Wednesday, May 6th. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,524.18.

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.