Transdigm Group Incorporated $TDG Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC lessened its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 5.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 88,888 shares of the aerospace company’s stock after selling 5,190 shares during the period. Hsbc Holdings PLC’s holdings in Transdigm Group were worth $118,236,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Empowered Funds LLC boosted its holdings in Transdigm Group by 5.0% in the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after buying an additional 65 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of Transdigm Group by 92.3% during the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock valued at $376,000 after acquiring an additional 131 shares during the last quarter. NewEdge Advisors LLC raised its holdings in shares of Transdigm Group by 152.9% during the second quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock valued at $3,138,000 after acquiring an additional 1,248 shares during the last quarter. Sei Investments Co. lifted its position in shares of Transdigm Group by 25.4% in the second quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock valued at $50,227,000 after acquiring an additional 6,697 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in shares of Transdigm Group by 3.6% in the second quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock worth $39,264,000 after acquiring an additional 902 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Price Performance

Shares of Transdigm Group stock opened at $1,332.12 on Monday. The stock’s 50 day simple moving average is $1,224.66 and its 200-day simple moving average is $1,275.89. The stock has a market cap of $74.51 billion, a P/E ratio of 41.58, a P/E/G ratio of 2.31 and a beta of 0.91. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, beating the consensus estimate 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 firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter last year, the firm earned $9.11 earnings per share. The business’s revenue for the quarter was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, research analysts expect that Transdigm Group Incorporated will post 37.99 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on TDG shares. Wall Street Zen cut Transdigm Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 14th. BNP Paribas Exane decreased their price objective on 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. TD Cowen lowered their target price on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Royal Bank Of Canada dropped their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a report on Wednesday, May 6th. Finally, Susquehanna reduced their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a research report on Wednesday, May 6th. Ten analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Transdigm Group presently has an average rating of “Moderate Buy” and an average price target of $1,525.06.

Insider Buying and Selling at Transdigm Group

In other news, 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 transaction of $4,979,442.00. Following the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,596,408. The trade was a 52.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the completion of the sale, the director directly owned 21,548 shares of the company’s stock, valued at $25,444,309.36. This represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 31,964 shares of company stock valued at $39,255,843. 3.20% of the stock is owned by company insiders.

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.