Transdigm Group Incorporated $TDG Holdings Lessened by Blacksheep Fund Management Ltd

Blacksheep Fund Management Ltd trimmed its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 21.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 45,754 shares of the aerospace company’s stock after selling 12,710 shares during the quarter. Transdigm Group accounts for approximately 21.5% of Blacksheep Fund Management Ltd’s portfolio, making the stock its biggest holding. Blacksheep Fund Management Ltd’s holdings in Transdigm Group were worth $53,027,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TDG. Central Pacific Bank Trust Division raised its position in Transdigm Group by 44.4% in the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after acquiring an additional 8 shares during the period. Family Legacy Inc. grew its position in shares of Transdigm Group by 0.3% during the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after acquiring an additional 8 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Transdigm Group by 17.0% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after acquiring an additional 8 shares during the period. Patton Fund Management Inc. increased its stake in shares of Transdigm Group by 5.7% in the 4th quarter. Patton Fund Management Inc. now owns 167 shares of the aerospace company’s stock worth $222,000 after purchasing an additional 9 shares in the last quarter. Finally, Fisher Asset Management LLC increased its stake in shares of Transdigm Group by 3.1% in the 4th quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock worth $398,000 after purchasing an additional 9 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TDG has been the topic of several analyst reports. Wells Fargo & Company initiated coverage on Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 target price on the stock. UBS Group reduced their price target on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Wall Street Zen downgraded Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday. Royal Bank Of Canada lowered their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. Finally, Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Seven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, Transdigm Group has an average rating of “Hold” and a consensus target price of $1,477.47.

Transdigm Group Stock Performance

TDG opened at $1,205.22 on Wednesday. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,623.82. The firm’s fifty day moving average is $1,259.17 and its 200 day moving average is $1,272.30. The stock has a market cap of $67.41 billion, a price-to-earnings ratio of 37.62, a price-to-earnings-growth ratio of 2.11 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 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. During the same quarter in the prior year, the business posted $9.11 EPS. Transdigm Group’s revenue for the quarter 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. On average, equities research analysts predict that Transdigm Group Incorporated will post 37.96 earnings per share for the current year.

Insider Activity

In related news, COO Joel Reiss sold 3,900 shares of Transdigm Group 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 sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,596,408. This trade represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the completion of the transaction, the director directly owned 21,548 shares in the company, valued at approximately $25,444,309.36. This represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 28,064 shares of company stock worth $34,814,142 over the last 90 days. Company insiders own 3.20% of the company’s stock.

About Transdigm Group

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.