Pitcairn Co. Decreases Stock Holdings in Transdigm Group Incorporated $TDG

Pitcairn Co. decreased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 32.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,909 shares of the aerospace company’s stock after selling 929 shares during the period. Pitcairn Co.’s holdings in Transdigm Group were worth $2,516,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Winch Advisory Services LLC lifted its holdings in shares of Transdigm Group by 147.6% during the 3rd quarter. Winch Advisory Services LLC now owns 52 shares of the aerospace company’s stock valued at $69,000 after buying an additional 31 shares during the period. Haven Capital Group Inc. increased its position in Transdigm Group by 4.1% during the third quarter. Haven Capital Group Inc. now owns 680 shares of the aerospace company’s stock valued at $896,000 after acquiring an additional 27 shares during the last quarter. Davidson Capital Management Inc. purchased a new stake in Transdigm Group during the third quarter valued at $2,697,000. Dimensional Fund Advisors LP lifted its holdings in Transdigm Group by 8.3% in the third quarter. Dimensional Fund Advisors LP now owns 151,474 shares of the aerospace company’s stock valued at $199,597,000 after acquiring an additional 11,588 shares during the period. Finally, Pinnacle Holdings LLC purchased a new position in Transdigm Group in the third quarter worth about $41,000. Institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Morgan Stanley upped their price target on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. JPMorgan Chase & Co. upped their target price on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a report on Friday, November 14th. BMO Capital Markets increased their price target on shares of 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. Royal Bank Of Canada lifted their price target on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. Finally, BNP Paribas Exane assumed coverage on Transdigm Group in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,584.44.

Insiders Place Their Bets

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $5,147,712. This represents a 52.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kevin M. Stein sold 36,925 shares of Transdigm Group 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 transaction of $52,647,295.75. Following the sale, the director owned 19,233 shares in the company, valued at approximately $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. In the last ninety days, insiders sold 212,201 shares of company stock worth $290,306,625. 3.20% of the stock is currently owned by insiders.

Transdigm Group Price Performance

TDG opened at $1,294.59 on Friday. The company has a 50 day simple moving average of $1,352.96 and a two-hundred day simple moving average of $1,329.31. The firm has a market cap of $73.11 billion, a P/E ratio of 41.65, a PEG ratio of 2.76 and a beta of 0.93. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, beating 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 company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the previous year, the company earned $7.83 EPS. Transdigm Group’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. Equities analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

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.