California Public Employees Retirement System Sells 2,636 Shares of Transdigm Group Incorporated $TDG

California Public Employees Retirement System reduced its stake in Transdigm Group Incorporated (NYSE:TDG) by 2.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 92,937 shares of the aerospace company’s stock after selling 2,636 shares during the period. California Public Employees Retirement System’s holdings in Transdigm Group were worth $107,710,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of TDG. Ares Financial Consulting LLC bought a new position in Transdigm Group in the 4th quarter valued at about $25,000. Elyxium Wealth LLC bought a new stake in shares of Transdigm Group during the fourth quarter worth approximately $25,000. MCF Advisors LLC grew its position in shares of Transdigm Group by 900.0% in 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 last quarter. Transamerica Financial Advisors LLC grew its position in shares of Transdigm Group by 1,900.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 19 shares during the last quarter. Finally, Colonial Trust Co SC increased its stake in shares of Transdigm Group by 162.5% during the fourth quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock worth $29,000 after purchasing an additional 13 shares during the period. 95.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TDG has been the subject of several analyst reports. Stifel Nicolaus dropped their price objective on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Susquehanna lowered 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 report on Wednesday, May 6th. Jefferies Financial Group boosted their price target on Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. UBS Group lowered their price objective on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $1,477.47.

Insiders Place Their Bets

In other news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction dated 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 transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $27,259,512.88. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,596,408. This represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 38,196 shares of company stock valued at $47,631,730 in the last three months. 3.20% of the stock is owned by insiders.

Transdigm Group Stock Performance

Shares of TDG opened at $1,214.45 on Friday. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,623.82. The stock has a market capitalization of $67.93 billion, a price-to-earnings ratio of 37.90, a PEG ratio of 2.13 and a beta of 0.90. The stock has a fifty day moving average of $1,258.81 and a 200-day moving average of $1,274.26.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. The firm had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The company’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, equities analysts forecast that Transdigm Group Incorporated will post 37.96 EPS for the current year.

Transdigm Group Company 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.