Transdigm Group (NYSE:TDG) Director W Nicholas Howley Sells 10,132 Shares of Stock

Transdigm Group Incorporated (NYSE:TDG) Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at $26,639,361.44. This represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

W Nicholas Howley also recently made the following trade(s):

• On Monday, July 20th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,216.08, for a total value of $12,321,322.56.
• On Thursday, June 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,319.55, for a total value of $13,369,680.60.

Transdigm Group Price Performance

NYSE:TDG opened at $1,222.24 on Thursday. The firm has a market cap of $68.36 billion, a PE ratio of 37.08, a price-to-earnings-growth ratio of 2.06 and a beta of 0.91. The company has a 50-day moving average of $1,272.29 and a 200 day moving average of $1,248.75. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,463.03.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping the consensus estimate of $10.30 by $0.57. The firm had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company’s revenue was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Sell-side analysts anticipate that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TDG. UBS Group upped their price objective on Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. BMO Capital Markets lifted their target price on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. BNP Paribas Exane reduced their target price on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Jefferies Financial Group increased their price target on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. raised their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Transdigm Group presently has a consensus rating of “Hold” and an average target price of $1,463.71.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in TDG. BlackRock Inc. acquired a new stake in Transdigm Group in the second quarter worth about $6,489,039,000. Norges Bank acquired a new position in shares of Transdigm Group during the fourth quarter valued at about $1,025,591,000. Stockbridge Partners LLC acquired a new position in shares of Transdigm Group during the second quarter valued at about $578,480,000. Primecap Management Co. CA purchased a new position in shares of Transdigm Group in the 2nd quarter valued at approximately $546,425,000. Finally, The Manufacturers Life Insurance Company purchased a new position in shares of Transdigm Group in the 2nd quarter valued at approximately $522,754,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

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.