Danske Bank A S Sells 19,921 Shares of Transdigm Group Incorporated $TDG

Danske Bank A S lowered its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 28.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,175 shares of the aerospace company’s stock after selling 19,921 shares during the quarter. Danske Bank A S’s holdings in Transdigm Group were worth $68,055,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of TDG. Empowered Funds LLC lifted its position in shares of Transdigm Group by 5.0% during the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after buying an additional 65 shares in the last quarter. Acadian Asset Management LLC lifted its position in shares of Transdigm Group by 92.3% during the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after buying an additional 131 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Transdigm Group by 152.9% during the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock worth $3,138,000 after buying an additional 1,248 shares in the last quarter. Sei Investments Co. raised its stake in shares of Transdigm Group by 25.4% during the 2nd quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock worth $50,227,000 after purchasing an additional 6,697 shares during the period. Finally, Treasurer of the State of North Carolina raised its stake in shares of Transdigm Group by 3.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock worth $39,264,000 after purchasing an additional 902 shares during the period. Institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on TDG. Robert W. Baird reiterated a “neutral” rating and set a $1,400.00 target price on shares of Transdigm Group in a research note on Wednesday, February 4th. UBS Group lowered their price target on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Wells Fargo & Company started coverage on shares of Transdigm Group in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price target on the stock. KeyCorp cut shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. Finally, Weiss Ratings cut Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,567.40.

Insider Activity

In related news, CEO Michael Lisman acquired 950 shares of Transdigm Group stock in a transaction dated Friday, February 6th. The shares were purchased at an average cost of $1,284.26 per share, with a total value of $1,220,047.00. Following the completion of the purchase, the chief executive officer owned 3,259 shares of the company’s stock, valued at $4,185,403.34. This represents a 41.14% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $1,280.46, for a total value of $4,993,794.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,609,656. This trade represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 86,522 shares of company stock valued at $117,197,926. Company insiders own 3.20% of the company’s stock.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,161.76 on Friday. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82. The firm’s 50 day simple moving average is $1,223.02 and its two-hundred day simple moving average is $1,296.53. The stock has a market capitalization of $65.60 billion, a P/E ratio of 37.38, a PEG ratio of 2.41 and a beta of 0.98.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 EPS 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 business had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same period last year, the business earned $7.83 earnings per share. The business’s quarterly revenue 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 analysts expect that Transdigm Group Incorporated will post 36.71 earnings per share for the current fiscal 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.