Comerica Bank Has $11.62 Million Stake in Transdigm Group Incorporated $TDG

Key Points

• Comerica Bank trimmed its stake in Transdigm (NYSE:TDG) by 49.2% in Q4, selling 8,471 shares and now owning 8,740 shares valued at about $11.62 million.
• Company insiders have been heavy sellers recently — including the COO and a director — with insiders offloading 86,522 shares valued at roughly $117.2 million over the past 90 days, leaving insiders with 3.20% ownership.
• Fundamentals and analyst context: Transdigm beat quarterly EPS estimates ($8.23 vs. $7.99) with revenue up 13.9%, and the stock has a consensus "Moderate Buy" rating with an average target of $1,567.40 while trading around $1,153.90 (market cap ≈ $65.2B).

Comerica Bank trimmed its stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 49.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,740 shares of the aerospace company's stock after selling 8,471 shares during the period. Comerica Bank's holdings in Transdigm Group were worth $11,624,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Empowered Funds LLC boosted its position in shares of Transdigm Group by 5.0% during the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company's stock valued at $1,898,000 after acquiring an additional 65 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Transdigm Group by 92.3% during the 1st 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 in the last quarter. NewEdge Advisors LLC boosted its position in shares of Transdigm Group by 152.9% during the 2nd 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 in the last quarter. Sei Investments Co. boosted its position in shares of Transdigm Group by 25.4% during the 2nd 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 position in shares of Transdigm Group by 3.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company's stock valued at $39,264,000 after acquiring an additional 902 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Transdigm Group news, COO Patrick Joseph Murphy sold 290 shares of the business's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $1,430.10, for a total value of $414,729.00. Following the completion of the transaction, the chief operating officer directly owned 1,055 shares of the company's stock, valued at approximately $1,508,755.50. The trade was a 21.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Kevin M. Stein sold 36,925 shares of the business's stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total transaction of $52,647,295.75. Following the completion of the transaction, the director directly owned 19,233 shares of the company's stock, valued at approximately $27,422,219.07. This represents a 65.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 86,522 shares of company stock valued at $117,197,926. Insiders own 3.20% of the company's stock.

Analysts Set New Price Targets

TDG has been the topic of several recent research reports. Robert W. Baird reiterated a "neutral" rating and set a $1,400.00 target price on shares of Transdigm Group in a research report on Wednesday, February 4th. Weiss Ratings lowered shares of Transdigm Group from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Monday, April 13th. Wells Fargo & Company initiated coverage on shares of 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 decreased their target price on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a "buy" rating on the stock in a research report on Wednesday, February 4th. Finally, KeyCorp lowered shares of Transdigm Group from an "overweight" rating to a "sector weight" rating in a research report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $1,567.40.

Transdigm Group Trading Down 0.4%

Shares of NYSE TDG opened at $1,153.90 on Wednesday. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,623.82. The company has a market cap of $65.16 billion, a PE ratio of 37.13, a P/E/G ratio of 2.44 and a beta of 0.98. The company has a 50-day moving average of $1,229.80 and a two-hundred day moving average of $1,298.56.

Transdigm Group (NYSE:TDG - Get Free Report) last announced its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, topping analysts' consensus estimates of $7.99 by $0.24. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The company had revenue of $2.29 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the previous year, the firm posted $7.83 earnings per share. The company's revenue was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, equities research analysts forecast that Transdigm Group Incorporated will post 36.71 earnings per share for the current year.

Transdigm Group 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.

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