Transdigm Group Incorporated $TDG Shares Sold by Bank of America Corp DE

Key Points

• Bank of America reduced its TransDigm stake by 3.3% in the second quarter, selling 9,707 shares while retaining 286,324 shares valued at approximately $381.4 million. Institutional investors collectively own 95.78% of TDG.
• TransDigm shares were trading down 2.4% at $1,084.80, near their one-year low. Despite the decline, the company exceeded quarterly earnings and revenue expectations, reporting $10.87 EPS and $2.74 billion in revenue, with revenue up 22.5% year over year.
• Analyst sentiment remains broadly cautious, with a consensus rating of Hold and an average price target of $1,454.87. New $2.5 billion debt offerings, a tender offer for 2028 notes, and recent insider selling add balance-sheet and sentiment concerns.

Bank of America Corp DE lowered its holdings in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 3.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 286,324 shares of the aerospace company's stock after selling 9,707 shares during the period. Bank of America Corp DE owned 0.51% of Transdigm Group worth $381,395,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Elyxium Wealth LLC purchased a new stake in shares of Transdigm Group during the fourth quarter valued at approximately $25,000. Burkett Financial Services LLC acquired a new position in shares of Transdigm Group in the 2nd quarter worth approximately $25,000. MCF Advisors LLC boosted its holdings in Transdigm Group by 900.0% in the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company's stock worth $27,000 after purchasing an additional 18 shares during the period. Western Wealth Management LLC bought a new stake in shares of Transdigm Group during the 1st quarter valued at about $30,000. Finally, Meeder Asset Management Inc. bought a new position in shares of Transdigm Group during the second quarter valued at approximately $31,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Key Transdigm Group News

Here are the key news stories impacting Transdigm Group this week:

• Positive Sentiment: Melius Research reaffirmed its Hold rating while setting a $1,331 price target, implying substantial potential upside from the recently quoted share price. However, the unchanged rating signals limited conviction in near-term outperformance. TransDigm Group stock slips on new debt deal and downgrade
• Neutral Sentiment: Guggenheim initiated coverage of TransDigm Group with a Neutral rating. The initiation adds analyst coverage but provides no immediate bullish catalyst, particularly as the stock’s premium valuation makes a neutral stance meaningful for investors. Guggenheim Initiates TransDigm Group at Neutral
• Negative Sentiment: TransDigm announced a new $2.5 billion notes offering and priced a larger offering of 2035 senior secured notes. The additional debt could increase interest expense and leverage, weighing on equity sentiment even if the proceeds support refinancing or other corporate purposes. TransDigm Announces New $2.5 Billion Notes Offering
• Negative Sentiment: The company also launched a tender offer for its 2028 secured notes, highlighting active debt refinancing and near-term balance-sheet pressure. Coverage of the new debt deal and downgrade helped reinforce the negative trading tone. TransDigm Launches Tender Offer for 2028 Secured Notes

Transdigm Group Trading Down 2.4%

TDG opened at $1,084.80 on Wednesday. Transdigm Group Incorporated has a 1-year low of $1,082.40 and a 1-year high of $1,463.03. The business has a 50 day moving average of $1,213.59 and a 200-day moving average of $1,228.29. The stock has a market capitalization of $60.67 billion, a price-to-earnings ratio of 32.91, a P/E/G ratio of 1.84 and a beta of 0.91.

Transdigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 business had revenue of $2.74 billion for the quarter, compared to analysts' expectations of $2.68 billion. During the same period in the previous year, the business posted $9.60 earnings per share. Transdigm Group's quarterly revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Equities analysts predict that Transdigm Group Incorporated will post 38.81 EPS for the current year.

Insider Activity at Transdigm Group

In other Transdigm Group news, Director W. Howley sold 10,132 shares of the firm's stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the transaction, the director owned 21,548 shares in the company, valued at approximately $26,204,091.84. This trade represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,459,536. This represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 34,296 shares of company stock valued at $43,048,156 in the last 90 days. 3.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TDG has been the topic of several analyst reports. BMO Capital Markets raised their price target on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the company an "outperform" rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. boosted their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a "neutral" rating in a research report on Monday, June 15th. Melius Research reiterated a "hold" rating and set a $1,331.00 price objective on shares of Transdigm Group in a research report on Monday. Stifel Nicolaus reiterated a "hold" rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Finally, UBS Group lifted their price target on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, Transdigm Group presently has an average rating of "Hold" and a consensus price target of $1,454.87.

Transdigm Group 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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