Transdigm Group Incorporated $TDG Shares Bought by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA lifted its holdings in Transdigm Group Incorporated (NYSE:TDG) by 16.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 39,432 shares of the aerospace company’s stock after acquiring an additional 5,445 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Transdigm Group were worth $52,430,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Transdigm Group by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock worth $8,982,225,000 after purchasing an additional 121,049 shares during the last quarter. Capital International Investors increased its stake in Transdigm Group by 4.1% in the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after purchasing an additional 254,750 shares in the last quarter. State Street Corp increased its stake in Transdigm Group by 1.9% in the 3rd quarter. State Street Corp now owns 2,388,838 shares of the aerospace company’s stock worth $3,148,536,000 after purchasing an additional 45,550 shares in the last quarter. Principal Financial Group Inc. increased its stake in Transdigm Group by 18.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after purchasing an additional 367,756 shares in the last quarter. Finally, Capital Research Global Investors increased its stake in Transdigm Group by 10.2% in the 3rd quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock worth $2,909,850,000 after purchasing an additional 203,997 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on TDG shares. Robert W. Baird reissued a “neutral” rating and issued a $1,400.00 price target on shares of Transdigm Group in a research note on Wednesday, February 4th. Weiss Ratings cut Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 13th. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Wells Fargo & Company started coverage on Transdigm Group in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price target on the stock. Finally, UBS Group dropped their price target on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Transdigm Group has an average rating of “Moderate Buy” and a consensus 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 one year low of $1,123.61 and a one year high of $1,623.82. The firm has a market capitalization of $65.16 billion, a PE ratio of 37.13, a PEG ratio of 2.44 and a beta of 0.98. The business has a 50-day moving average price of $1,229.80 and a two-hundred day moving average price of $1,298.56.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, topping analysts’ consensus estimates of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period last year, the company posted $7.83 EPS. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Research analysts anticipate that Transdigm Group Incorporated will post 36.71 EPS for the current year.

Insider Activity

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $1,265.06, for a total transaction of $12,817,587.92. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at approximately $27,259,512.88. This trade represents a 31.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kevin M. Stein sold 36,925 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the sale, the director owned 19,233 shares of the company’s stock, valued at $27,422,219.07. The trade was a 65.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 86,522 shares of company stock worth $117,197,926. Corporate insiders own 3.20% of the company’s stock.

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.