Key Points
- COO Joel Reiss sold 4,100 TransDigm shares for approximately $4.62 million at an average price of $1,128.04, reducing his direct holdings by 53.25% to 3,600 shares. He also sold shares in August and September.
- TransDigm reported quarterly EPS of $10.87, exceeding estimates of $10.30, while revenue rose 22.5% year over year to $2.74 billion. The company provided fiscal 2026 EPS guidance of $40.62–$41.46.
- TDG shares traded around $1,138.65, while analysts maintained an overall “Hold” consensus with an average price target of $1,431.40; institutional investors own 95.78% of the stock.
Transdigm Group Incorporated (NYSE:TDG - Get Free Report) COO Joel Reiss sold 4,100 shares of the stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $1,128.04, for a total value of $4,624,964.00. Following the transaction, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $4,060,944. The trade was a 53.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Joel Reiss also recently made the following trade(s):
- On Tuesday, September 15th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The stock was sold at an average price of $1,094.58, for a total transaction of $4,268,862.00.
- On Monday, August 17th, Joel Reiss sold 3,900 shares of Transdigm Group stock. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00.
Transdigm Group Trading Up 0.4%
TDG stock traded up $4.41 during mid-day trading on Friday, reaching $1,138.65. The company's stock had a trading volume of 395,827 shares, compared to its average volume of 373,198. The stock has a market cap of $63.68 billion, a PE ratio of 34.55, a P/E/G ratio of 1.61 and a beta of 0.96. Transdigm Group Incorporated has a fifty-two week low of $1,071.25 and a fifty-two week high of $1,463.03. The company's 50 day moving average is $1,146.42 and its two-hundred day moving average is $1,206.84.
Transdigm Group (NYSE:TDG - Get Free Report) last issued its 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. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%. The business had revenue of $2.74 billion for the quarter, compared to analysts' expectations of $2.68 billion. During the same period in the previous year, the firm posted $9.60 EPS. The business's revenue for the quarter was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, analysts forecast that Transdigm Group Incorporated will post 38.88 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the stock. Stockbridge Partners LLC acquired a new position in shares of Transdigm Group in the 2nd quarter valued at $578,480,000. Veritas Asset Management LLP raised its position in Transdigm Group by 3.0% in the 2nd quarter. Veritas Asset Management LLP now owns 137,969 shares of the aerospace company's stock valued at $183,780,000 after purchasing an additional 3,995 shares during the last quarter. IFM Investors Pty Ltd acquired a new stake in Transdigm Group during the 1st quarter worth $5,772,000. The Manufacturers Life Insurance Company boosted its stake in Transdigm Group by 106.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 392,447 shares of the aerospace company's stock worth $522,754,000 after purchasing an additional 202,300 shares during the period. Finally, Walter Public Investments Inc. grew its position in Transdigm Group by 109.8% during the 1st quarter. Walter Public Investments Inc. now owns 5,224 shares of the aerospace company's stock worth $6,054,000 after purchasing an additional 2,734 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of brokerages have issued reports on TDG. The Goldman Sachs Group cut their target price on Transdigm Group from $1,972.00 to $1,745.00 and set a "buy" rating on the stock in a research report on Monday, October 12th. Royal Bank Of Canada lowered their target price on Transdigm Group from $1,350.00 to $1,200.00 and set a "sector perform" rating for the company in a report on Thursday. Melius Research reaffirmed a "hold" rating and issued a $1,331.00 target price on shares of Transdigm Group in a research report on Monday, September 14th. Morgan Stanley lowered shares of Transdigm Group from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Transdigm Group in a research note on Friday, August 28th. Five research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat, Transdigm Group has an average rating of "Hold" and an average price target of $1,431.40.
Check Out Our Latest Stock Analysis on Transdigm Group
Transdigm Group Company Profile
(
Get Free Report)
TransDigm Group Incorporated is an aerospace manufacturing company that designs, produces and supplies highly engineered aircraft components, systems and related products. Its offerings include engine and airframe components, ignition systems, pumps, valves, cockpit and cabin equipment, data and control systems, and other specialized products used on commercial, business, general aviation and military aircraft.
The company serves both original equipment manufacturers and the aftermarket.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
