California State Teachers Retirement System Decreases Stock Holdings in Transdigm Group Incorporated $TDG

California State Teachers Retirement System lessened its holdings in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 9.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,346 shares of the aerospace company's stock after selling 8,904 shares during the quarter. California State Teachers Retirement System owned approximately 0.15% of Transdigm Group worth $112,352,246 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in TDG. Elyxium Wealth LLC acquired a new stake in Transdigm Group in the 4th quarter valued at approximately $25,000. Burkett Financial Services LLC acquired a new position in shares of Transdigm Group in the 2nd quarter worth $25,000. MCF Advisors LLC raised 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 period. Meeder Asset Management Inc. acquired a new position in shares of Transdigm Group in the 2nd quarter worth approximately $31,000. Finally, Trust Co. of Vermont acquired a new position in shares of Transdigm Group in the 2nd quarter valued at $33,000. 95.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. Guggenheim assumed coverage on shares of Transdigm Group in a research report on Tuesday. They issued a "neutral" rating on the stock. UBS Group lifted their target price on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Stifel Nicolaus reiterated a "hold" rating and issued a $1,405.00 price target (down from $1,525.00) on shares of Transdigm Group in a research report on Wednesday, August 5th. Morgan Stanley downgraded Transdigm Group from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Finally, Wall Street Zen lowered shares of Transdigm Group from a "buy" rating to a "hold" rating in a research report on Monday, July 20th. Six research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $1,454.87.

Insider Transactions at Transdigm Group

In related news, Director W. Howley sold 10,132 shares of the firm's stock in a transaction on 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 owned 21,548 shares of the company's stock, valued at $26,204,091.84. This trade represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Joel Reiss sold 3,900 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $4,459,536. The trade was a 52.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 34,296 shares of company stock worth $43,048,156. Company insiders own 3.20% of the company's stock.

Transdigm Group Price Performance

TDG stock traded down $16.22 during trading on Tuesday, hitting $1,095.00. 200,886 shares of the stock traded hands, compared to its average volume of 391,936. The firm's 50 day moving average is $1,218.52 and its two-hundred day moving average is $1,229.77. The stock has a market cap of $61.25 billion, a price-to-earnings ratio of 33.20, a price-to-earnings-growth ratio of 1.89 and a beta of 0.91. Transdigm Group Incorporated has a 1 year low of $1,089.43 and a 1 year high of $1,463.03.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same quarter in the previous year, the firm earned $9.60 earnings per share. The firm's quarterly revenue was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, analysts anticipate that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Transdigm Group Company Profile

TransDigm Group Incorporated NYSE: TDG designs, produces and supplies aircraft components, systems and related aftermarket services. The company focuses primarily on proprietary aerospace products, including mechanical and electromechanical actuators, ignition systems, pumps, valves, sensors, cockpit and data-acquisition systems, power-conditioning equipment, lighting, lavatory components, seat belts and cargo-loading systems.

TransDigm serves commercial and regional airlines, business and general aviation operators, aircraft manufacturers and military customers.

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