New York Life Investment Management LLC Sells 1,327 Shares of Transdigm Group Incorporated $TDG

New York Life Investment Management LLC cut its stake in Transdigm Group Incorporated (NYSE:TDG) by 14.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,698 shares of the aerospace company’s stock after selling 1,327 shares during the period. New York Life Investment Management LLC’s holdings in Transdigm Group were worth $8,334,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. AlphaCore Capital LLC raised its position in Transdigm Group by 112.7% in the 3rd quarter. AlphaCore Capital LLC now owns 685 shares of the aerospace company’s stock valued at $742,000 after purchasing an additional 363 shares in the last quarter. Fulcrum Asset Management LLP grew its position in shares of Transdigm Group by 195.1% during the third quarter. Fulcrum Asset Management LLP now owns 3,240 shares of the aerospace company’s stock worth $3,563,000 after buying an additional 2,142 shares in the last quarter. Hohimer Wealth Management LLC grew its position in shares of Transdigm Group by 10.1% during the third quarter. Hohimer Wealth Management LLC now owns 556 shares of the aerospace company’s stock worth $602,000 after buying an additional 51 shares in the last quarter. Brighton Jones LLC grew its position in shares of Transdigm Group by 1.6% during the third quarter. Brighton Jones LLC now owns 1,220 shares of the aerospace company’s stock worth $1,320,000 after buying an additional 19 shares in the last quarter. Finally, StoneX Group Inc. purchased a new stake in shares of Transdigm Group during the third quarter worth approximately $347,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Transdigm Group Stock Performance

TDG opened at $1,203.94 on Friday. Transdigm Group Incorporated has a one year low of $1,071.25 and a one year high of $1,463.03. The company has a market cap of $65.72 billion, a P/E ratio of 31.70, a PEG ratio of 1.78 and a beta of 0.98. The business’s 50-day simple moving average is $1,134.60 and its 200-day simple moving average is $1,219.01.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, November 10th. The aerospace company reported $12.44 earnings per share for the quarter, topping the consensus estimate of $12.21 by $0.23. The business had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.95 billion. Transdigm Group had a negative return on equity of 24.14% and a net margin of 19.94%. The business’s quarterly revenue was up 22.6% on a year-over-year basis. During the same quarter last year, the company earned $10.82 EPS. Transdigm Group has set its FY 2027 guidance at 47.090-47.940 EPS. As a group, analysts predict that Transdigm Group Incorporated will post 44.94 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director W. Howley sold 10,132 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the completion of the sale, the director owned 21,548 shares in the company, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Joel Reiss sold 4,100 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,060,944. This represents a 53.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 22,032 shares of company stock worth $26,250,979. 3.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TDG. Royal Bank Of Canada raised their target price on shares of Transdigm Group from $1,200.00 to $1,300.00 and gave the company a “sector perform” rating in a report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Transdigm Group in a report on Friday, August 28th. Wells Fargo & Company dropped their price objective on shares of Transdigm Group from $1,450.00 to $1,210.00 and set an “equal weight” rating on the stock in a research report on Wednesday, September 30th. TD Cowen increased their price objective on shares of Transdigm Group from $1,300.00 to $1,350.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Melius Research lowered shares of Transdigm Group from a “buy” rating to a “hold” rating and set a $1,331.00 price objective on the stock. in a report on Monday, September 14th. Five analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Transdigm Group presently has a consensus rating of “Hold” and an average target price of $1,431.13.

More Transdigm Group News

Here’s some of the latest news about TDG:

• Positive Sentiment: Fiscal fourth-quarter EPS of $12.44 and revenue of $2.99 billion topped analyst expectations; revenue grew 22.6% year over year. RBC described the fiscal 2027 outlook as constructive, with revenue guidance centered around $12.05 billion. TransDigm: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Several firms raised their targets: TD Cowen to $1,350 with a Buy rating, Morgan Stanley to $1,405 with an Equal Weight rating, and RBC to $1,300 while maintaining Sector Perform. The higher targets are supportive, but the ratings indicate some analysts remain cautious. RBC Raises Price Target on TransDigm Group
• Neutral Sentiment: RBC Capital maintained a Hold rating, reinforcing the mixed analyst view despite the improved outlook and higher price targets. RBC Capital Keeps Their Hold Rating on Transdigm Group

Transdigm Group Company Profile

TransDigm Group Incorporated designs, produces and supplies highly engineered components for the aerospace industry. Its products include mechanical and electromechanical systems, pumps, valves, ignition systems, batteries, power-conditioning devices and cockpit components. The company serves commercial, military and business aviation markets, supplying components for both original aircraft production and the aftermarket. Its products are used on aircraft operated around the world, and its aftermarket business provides replacement parts and related support.