Frank Rimerman Advisors LLC Sells 1,460 Shares of Transdigm Group Incorporated $TDG

Frank Rimerman Advisors LLC lessened its holdings in Transdigm Group Incorporated (NYSE:TDG) by 29.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,476 shares of the aerospace company’s stock after selling 1,460 shares during the period. Frank Rimerman Advisors LLC’s holdings in Transdigm Group were worth $4,029,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Ares Financial Consulting LLC acquired a new position in shares of Transdigm Group during the fourth quarter worth $25,000. Elyxium Wealth LLC acquired a new stake in shares of Transdigm Group during the 4th quarter valued at $25,000. MCF Advisors LLC grew its position in Transdigm Group by 900.0% during the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 18 shares during the last quarter. Transamerica Financial Advisors LLC increased its holdings in Transdigm Group by 1,900.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 19 shares in the last quarter. Finally, Colonial Trust Co SC raised its position in Transdigm Group by 162.5% in the fourth quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 13 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on TDG shares. Weiss Ratings lowered Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Jefferies Financial Group upped their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. Susquehanna cut their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. BNP Paribas Exane reduced their target price on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Finally, Royal Bank Of Canada decreased their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Nine investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,518.25.

Insider Transactions at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $1,265.06, for a total value of $12,817,587.92. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $27,259,512.88. The trade was a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 42,096 shares of company stock worth $52,625,524 over the last three months. 3.20% of the stock is owned by company insiders.

Transdigm Group Stock Down 2.5%

Shares of NYSE TDG opened at $1,296.28 on Thursday. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82. The firm has a fifty day simple moving average of $1,251.29 and a 200 day simple moving average of $1,277.00. The company has a market capitalization of $72.50 billion, a PE ratio of 40.46, a P/E/G ratio of 2.32 and a beta of 0.90.

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. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter in the prior year, the firm posted $9.11 earnings per share. The business’s quarterly revenue was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, equities analysts expect that Transdigm Group Incorporated will post 37.99 earnings per share for the current fiscal year.

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.