Transdigm Group Incorporated (NYSE:TDG - Get Free Report) COO Joel Reiss sold 3,900 shares of the company's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the sale, the chief operating officer owned 3,600 shares of the company's stock, valued at $4,459,536. The trade was a 52.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Joel Reiss also recently made the following trade(s):
- On Monday, June 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00.
Transdigm Group Trading Down 0.1%
NYSE TDG opened at $1,236.76 on Wednesday. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,463.03. The stock has a 50-day simple moving average of $1,272.09 and a 200 day simple moving average of $1,250.15. The company has a market capitalization of $69.17 billion, a PE ratio of 37.52, a P/E/G ratio of 2.10 and a beta of 0.91.
Transdigm Group (NYSE:TDG - Get Free Report) last posted its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The company's revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period in the previous year, the company earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, sell-side analysts predict that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Transdigm Group
Hedge funds and other institutional investors have recently bought and sold shares of the company. Ares Financial Consulting LLC acquired a new position in Transdigm Group during the 4th quarter worth approximately $25,000. Elyxium Wealth LLC acquired a new stake in shares of Transdigm Group in the fourth quarter valued at approximately $25,000. Burkett Financial Services LLC acquired a new stake in shares of Transdigm Group in the second quarter valued at approximately $25,000. MCF Advisors LLC lifted its position in shares of Transdigm Group by 900.0% in the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company's stock worth $27,000 after purchasing an additional 18 shares in the last quarter. Finally, Transamerica Financial Advisors LLC boosted its holdings in Transdigm Group by 1,900.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company's stock worth $27,000 after purchasing an additional 19 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts have commented on the stock. Susquehanna lowered their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a "neutral" rating for the company in a research note on Wednesday, May 6th. Jefferies Financial Group lifted their price target on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. BNP Paribas Exane decreased their price target 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. BMO Capital Markets upped their price objective on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the company an "outperform" rating in a research report on Thursday, July 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a "hold" rating in a research note on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $1,463.71.
View Our Latest Research Report on Transdigm Group
Transdigm Group Company Profile
(
Get Free Report)
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.
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