Transdigm Group Incorporated $TDG Shares Sold by Alkeon Capital Management LLC

Alkeon Capital Management LLC trimmed its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 15.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 165,611 shares of the aerospace company’s stock after selling 30,000 shares during the quarter. Alkeon Capital Management LLC’s holdings in Transdigm Group were worth $220,238,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in TDG. Norges Bank acquired a new stake in shares of Transdigm Group during the 4th quarter worth approximately $1,025,591,000. Franklin Resources Inc. raised its position in shares of Transdigm Group by 161.7% during the 3rd quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after purchasing an additional 293,821 shares during the period. Capital Research Global Investors raised its position in shares of Transdigm Group by 12.2% during the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after purchasing an additional 268,824 shares during the period. Capital International Investors raised its position in shares of Transdigm Group by 4.1% during the 3rd 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 during the period. Finally, Vanguard Group Inc. raised its position in shares of Transdigm Group by 1.8% during the 3rd 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 during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Transdigm Group Stock Up 1.6%

TDG opened at $1,275.52 on Tuesday. The firm has a market cap of $71.34 billion, a PE ratio of 39.81, a P/E/G ratio of 2.20 and a beta of 0.91. The business has a fifty day simple moving average of $1,213.88 and a 200-day simple moving average of $1,276.85. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week 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 the consensus estimate of $9.46 by $0.39. The business had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.Transdigm Group’s revenue was up 18.3% compared to the same quarter last year. During the same quarter last year, the firm posted $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, equities research analysts anticipate that Transdigm Group Incorporated will post 37.82 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TDG has been the topic of several analyst reports. Royal Bank Of Canada lowered their target price 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. Jefferies Financial Group raised their target price on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Susquehanna lowered their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Stifel Nicolaus lowered their target price on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,525.06.

Insider Activity

In other news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,154,724. This trade represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction dated 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 sale, the director directly owned 21,548 shares in the company, valued at approximately $26,138,801.40. This trade represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 38,196 shares of company stock worth $46,567,024. Corporate insiders own 3.20% of the company’s stock.

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.