Transdigm Group Incorporated $TDG Shares Purchased by Nissay Asset Management Corp Japan

Nissay Asset Management Corp Japan grew its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 6.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 22,143 shares of the aerospace company’s stock after acquiring an additional 1,341 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Transdigm Group were worth $29,495,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of TDG. BlackRock Inc. purchased a new stake in Transdigm Group in the second quarter valued at approximately $6,489,039,000. Norges Bank acquired a new position in Transdigm Group during the fourth quarter worth approximately $1,025,591,000. Stockbridge Partners LLC purchased a new position in Transdigm Group during the second quarter worth approximately $578,480,000. Primecap Management Co. CA purchased a new position in Transdigm Group during the second quarter worth approximately $546,425,000. Finally, The Manufacturers Life Insurance Company acquired a new position in shares of Transdigm Group in the 2nd quarter valued at $522,754,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Morgan Stanley cut shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. UBS Group boosted their price target on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Jefferies Financial Group upped their price target on Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. Finally, Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Six analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, Transdigm Group presently has an average rating of “Hold” and an average price target of $1,463.71.

Transdigm Group Trading Down 0.2%

NYSE TDG opened at $1,184.14 on Friday. The stock has a market cap of $66.23 billion, a P/E ratio of 35.93, a PEG ratio of 1.98 and a beta of 0.91. The company’s fifty day simple moving average is $1,257.95 and its 200-day simple moving average is $1,242.67. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,463.03.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same period last year, the business earned $9.60 EPS. The business’s 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. On average, research analysts expect that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Insider Activity

In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction dated 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 sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,459,536. The trade was a 52.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the sale, the director owned 21,548 shares in the company, valued at $26,639,361.44. This represents a 31.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 38,196 shares of company stock valued at $48,027,598 over the last 90 days. 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.