California State Teachers Retirement System Trims Stock Position in Transdigm Group Incorporated $TDG

California State Teachers Retirement System cut its holdings in Transdigm Group Incorporated (NYSE:TDG) by 2.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 93,250 shares of the aerospace company’s stock after selling 1,888 shares during the period. California State Teachers Retirement System’s holdings in Transdigm Group were worth $108,073,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Empowered Funds LLC lifted its stake in Transdigm Group by 29.3% during the 1st quarter. Empowered Funds LLC now owns 5,717 shares of the aerospace company’s stock worth $6,626,000 after acquiring an additional 1,296 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Transdigm Group by 413.7% in the first quarter. The Manufacturers Life Insurance Company now owns 190,147 shares of the aerospace company’s stock worth $220,373,000 after acquiring an additional 153,131 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of Transdigm Group by 3.0% during the first quarter. Quantinno Capital Management LP now owns 26,207 shares of the aerospace company’s stock worth $30,374,000 after acquiring an additional 751 shares during the period. Soroban Capital Partners LP increased its position in shares of Transdigm Group by 14.5% during the first quarter. Soroban Capital Partners LP now owns 856,197 shares of the aerospace company’s stock worth $992,298,000 after acquiring an additional 108,227 shares during the period. Finally, Advent International L.P. raised its stake in shares of Transdigm Group by 167.2% in the first quarter. Advent International L.P. now owns 17,459 shares of the aerospace company’s stock valued at $20,234,000 after acquiring an additional 10,925 shares in the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the completion of the sale, the director directly owned 21,548 shares of the company’s stock, valued at $26,204,091.84. This represents a 31.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $4,979,442.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,596,408. This represents a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 38,196 shares of company stock valued at $47,135,464 over the last three months. Company insiders own 3.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on TDG shares. Deutsche Bank Aktiengesellschaft boosted their target price on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. Morgan Stanley cut Transdigm Group from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. UBS Group lowered their price objective 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. Royal Bank Of Canada cut their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group raised their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Seven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $1,477.47.

Transdigm Group Price Performance

NYSE TDG opened at $1,265.29 on Thursday. The firm’s fifty day moving average price is $1,267.65 and its 200 day moving average price is $1,267.44. The company has a market capitalization of $70.77 billion, a price-to-earnings ratio of 39.49, a price-to-earnings-growth ratio of 2.30 and a beta of 0.90. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share 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 firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same period in the previous year, the company earned $9.11 earnings per share. Transdigm Group’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, sell-side analysts forecast that Transdigm Group Incorporated will post 37.77 earnings per share 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.