Ensign Peak Advisors Inc Trims Position in Transdigm Group Incorporated $TDG

Ensign Peak Advisors Inc lowered its holdings in Transdigm Group Incorporated (NYSE:TDG) by 6.2% in the second quarter, Holdings Channel.com reports. The firm owned 31,758 shares of the aerospace company’s stock after selling 2,098 shares during the period. Ensign Peak Advisors Inc’s holdings in Transdigm Group were worth $48,292,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TDG. MassMutual Private Wealth & Trust FSB increased its position in Transdigm Group by 2.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 257 shares of the aerospace company’s stock worth $391,000 after purchasing an additional 7 shares during the last quarter. Diversified Enterprises LLC increased its holdings in shares of Transdigm Group by 3.8% during the 2nd quarter. Diversified Enterprises LLC now owns 193 shares of the aerospace company’s stock worth $293,000 after buying an additional 7 shares during the last quarter. FSM Wealth Advisors LLC raised its position in shares of Transdigm Group by 3.8% in the 2nd quarter. FSM Wealth Advisors LLC now owns 191 shares of the aerospace company’s stock worth $292,000 after buying an additional 7 shares during the period. New Republic Capital LLC grew its position in Transdigm Group by 4.6% during the first quarter. New Republic Capital LLC now owns 183 shares of the aerospace company’s stock valued at $253,000 after acquiring an additional 8 shares during the period. Finally, Pinnacle Wealth Management Advisory Group LLC increased its stake in Transdigm Group by 3.7% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 225 shares of the aerospace company’s stock worth $311,000 after acquiring an additional 8 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Transdigm Group Price Performance

Shares of Transdigm Group stock opened at $1,328.80 on Friday. The business has a 50-day moving average of $1,300.66 and a 200-day moving average of $1,400.19. The company has a market capitalization of $74.84 billion, a PE ratio of 44.10, a P/E/G ratio of 3.25 and a beta of 1.02. 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 quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, topping the consensus estimate of $10.33 by $0.49. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The business had revenue of $2.44 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the previous year, the firm posted $9.83 earnings per share. The company’s revenue was up 11.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, equities analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Activity at Transdigm Group

In related news, CEO Michael Lisman purchased 1,954 shares of the firm’s stock in a transaction dated Friday, November 14th. The stock was acquired at an average price of $1,339.14 per share, with a total value of $2,616,679.56. Following the completion of the transaction, the chief executive officer owned 1,954 shares of the company’s stock, valued at $2,616,679.56. This represents a ? increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director W Nicholas Howley sold 2,736 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $1,298.87, for a total transaction of $3,553,708.32. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at $27,988,050.76. This represents a 11.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 33,629 shares of company stock worth $44,369,174. 4.09% of the stock is currently owned by insiders.

Analyst Ratings Changes

TDG has been the subject of a number of research reports. Royal Bank Of Canada boosted their target price on Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. Susquehanna decreased their price objective on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research note on Thursday, October 9th. Morgan Stanley increased their price objective on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. KeyCorp reduced their target price on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a report on Friday, August 8th. Finally, Zacks Research downgraded Transdigm Group from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $1,576.29.

Transdigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.