New York State Common Retirement Fund Reduces Stake in Transdigm Group Incorporated $TDG

New York State Common Retirement Fund reduced its position in Transdigm Group Incorporated (NYSE:TDG) by 0.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,172 shares of the aerospace company’s stock after selling 100 shares during the quarter. New York State Common Retirement Fund’s holdings in Transdigm Group were worth $102,144,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in TDG. MassMutual Private Wealth & Trust FSB increased its position in shares of Transdigm Group by 2.8% in 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 raised 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 valued at $293,000 after buying an additional 7 shares in the last quarter. FSM Wealth Advisors LLC lifted its position in 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 last quarter. Tokio Marine Asset Management Co. Ltd. lifted its position in Transdigm Group by 0.5% in the 1st quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,693 shares of the aerospace company’s stock worth $2,342,000 after buying an additional 8 shares during the last quarter. Finally, Fulton Bank N.A. boosted its stake in Transdigm Group by 3.3% in the second quarter. Fulton Bank N.A. now owns 254 shares of the aerospace company’s stock worth $386,000 after buying an additional 8 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Trading Up 0.4%

Shares of NYSE:TDG opened at $1,360.17 on Friday. The company has a 50-day moving average price of $1,308.97 and a 200-day moving average price of $1,397.82. The company has a market cap of $76.60 billion, a price-to-earnings ratio of 45.14, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. The company had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.40 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.Transdigm Group’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $9.83 EPS. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, research analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insiders Place Their Bets

In other Transdigm Group news, Director W Nicholas Howley sold 2,736 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $1,334.92, for a total transaction of $3,652,341.12. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $28,764,856.16. The trade was a 11.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kevin M. Stein sold 30 shares of the company’s stock in a transaction on Wednesday, November 26th. The stock was sold at an average price of $1,360.06, for a total transaction of $40,801.80. Following the completion of the transaction, the director owned 8,158 shares of the company’s stock, valued at $11,095,369.48. This trade represents a 0.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 36,086 shares of company stock valued at $47,639,028 over the last quarter. 4.09% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

TDG has been the topic of several research reports. Truist Financial decreased their price target on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research note on Wednesday, October 15th. BNP Paribas Exane started coverage on shares of Transdigm Group in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 target price on the stock. Stifel Nicolaus lowered their price target on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research note on Thursday, November 13th. UBS Group raised their price objective on Transdigm Group from $1,738.00 to $1,798.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, Susquehanna decreased their price objective on Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a report on Thursday, October 9th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price 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.