Franklin Resources Inc. Sells 98,896 Shares of Transdigm Group Incorporated $TDG

Franklin Resources Inc. lowered its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 20.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 376,593 shares of the aerospace company’s stock after selling 98,896 shares during the period. Franklin Resources Inc.’s holdings in Transdigm Group were worth $500,812,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Ares Financial Consulting LLC bought a new stake in shares of Transdigm Group in the 4th quarter valued at about $25,000. Elyxium Wealth LLC acquired a new position in Transdigm Group during the fourth quarter valued at approximately $25,000. MCF Advisors LLC grew its holdings in Transdigm Group by 900.0% during the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 18 shares during the period. Elevation Wealth Partners LLC increased its stake in Transdigm Group by 1,100.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 22 shares in the last quarter. Finally, Wealth Watch Advisors INC acquired a new stake in Transdigm Group in the third quarter worth $34,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,154,724. This trade represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $1,213.05, for a total transaction of $12,290,622.60. Following the sale, the director directly owned 21,548 shares in the company, valued at $26,138,801.40. This trade represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 42,096 shares of company stock valued at $51,417,454. Insiders own 3.20% of the company’s stock.

Transdigm Group Trading Down 2.7%

TDG stock opened at $1,205.12 on Tuesday. The stock has a 50-day moving average price of $1,204.20 and a two-hundred day moving average price of $1,280.00. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,623.82. The stock has a market cap of $67.40 billion, a PE ratio of 37.61, a price-to-earnings-growth ratio of 2.17 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, beating analysts’ consensus estimates of $9.46 by $0.39. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The company’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the previous year, the company posted $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, analysts forecast that Transdigm Group Incorporated will post 37.82 earnings per share for the current fiscal year.

Analyst Ratings Changes

TDG has been the subject of a number of recent analyst reports. Jefferies Financial Group upped their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Morgan Stanley increased their price target on Transdigm Group from $1,660.00 to $1,680.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Wall Street Zen raised Transdigm Group from a “hold” rating to a “buy” rating in a research report on Saturday. TD Cowen decreased their price objective on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Finally, Susquehanna lowered their target price on 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. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Transdigm Group presently has an average rating of “Moderate Buy” and an average price target of $1,524.18.

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.