Resona Asset Management Co. Ltd. Sells 767 Shares of Transdigm Group Incorporated $TDG

Resona Asset Management Co. Ltd. cut its stake in Transdigm Group Incorporated (NYSE:TDG) by 4.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,482 shares of the aerospace company’s stock after selling 767 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Transdigm Group were worth $22,958,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Salomon & Ludwin LLC bought a new stake in shares of Transdigm Group during the third quarter valued at approximately $26,000. Bank of Jackson Hole Trust lifted its position in Transdigm Group by 84.6% during the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after buying an additional 11 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of Transdigm Group by 1,250.0% during the 2nd quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock valued at $41,000 after buying an additional 25 shares in the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Transdigm Group during the 2nd quarter valued at $47,000. Finally, Security National Bank purchased a new stake in shares of Transdigm Group in the 3rd quarter worth about $53,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling at Transdigm Group

In other Transdigm Group news, Director Robert J. Small sold 90,953 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the transaction, the director directly owned 68,139 shares of the company’s stock, valued at approximately $91,014,625.08. This trade represents a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $1,340.00, for a total transaction of $5,226,000.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,824,000. The trade was a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 195,765 shares of company stock valued at $265,101,510. 4.09% of the stock is owned by company insiders.

Transdigm Group Trading Down 0.2%

Shares of TDG stock opened at $1,417.52 on Friday. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82. The stock has a market capitalization of $79.83 billion, a P/E ratio of 44.19, a P/E/G ratio of 3.11 and a beta of 0.94. The firm’s 50 day moving average is $1,350.25 and its 200 day moving average is $1,368.62.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, beating the consensus estimate of $10.33 by $0.49. The firm had revenue of $2.44 billion for the quarter, compared to analysts’ expectations of $2.40 billion. Transdigm Group had a negative return on equity of 31.91% and a net margin of 21.69%.The company’s revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $9.83 EPS. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, equities analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on TDG. Zacks Research raised shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. 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. UBS Group raised their price target on Transdigm Group from $1,798.00 to $1,804.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Finally, Morgan Stanley upped their target price on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,597.00.

Transdigm Group Profile

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.