National Pension Service raised its position in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) by 3.8% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 135,233 shares of the aerospace company’s stock after buying an additional 4,924 shares during the quarter. National Pension Service owned about 0.24% of Transdigm Group worth $180,136,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of TDG. Elyxium Wealth LLC purchased a new stake in Transdigm Group during the fourth quarter valued at approximately $25,000. Burkett Financial Services LLC purchased a new position in Transdigm Group in the second quarter worth $25,000. MCF Advisors LLC increased its position in shares of Transdigm Group by 900.0% during 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 in the last quarter. Transamerica Financial Advisors LLC increased its position in shares of Transdigm Group by 1,900.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 19 shares in the last quarter. Finally, Colonial Trust Co SC lifted its holdings in shares of Transdigm Group by 162.5% during the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 13 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on TDG. Wall Street Zen downgraded Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. UBS Group raised their price target on Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. boosted their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Weiss Ratings restated a “hold (c)” rating on shares of Transdigm Group in a report on Friday, August 28th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a research report on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $1,463.71.
Transdigm Group Price Performance
Shares of TDG stock opened at $1,125.41 on Friday. The business has a fifty day moving average of $1,227.47 and a 200 day moving average of $1,232.16. Transdigm Group Incorporated has a 1 year low of $1,119.62 and a 1 year high of $1,463.03. The firm has a market capitalization of $62.94 billion, a price-to-earnings ratio of 34.14, a price-to-earnings-growth ratio of 1.87 and a beta of 0.91.
Transdigm Group (NYSE:TDG – Get Free Report) last announced its quarterly earnings data 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 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 analyst estimates of $2.68 billion. During the same period in the prior year, the company earned $9.60 earnings per share. The company’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. As a group, equities research analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.
Insider Buying and Selling
In other Transdigm Group news, Director W. Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at approximately $26,204,091.84. The trade was a 31.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at $4,459,536. This trade represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 38,196 shares of company stock valued at $48,027,598 over the last three months. 3.20% of the stock is currently owned by insiders.
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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