Amundi Has $136.86 Million Stock Position in Transdigm Group Incorporated $TDG

Key Points

• Amundi increased its TransDigm position by 8.6% in the second quarter, holding 102,747 shares worth approximately $136.86 million. Institutional investors collectively own 95.78% of TDG.
• Analyst sentiment remains mixed: UBS raised its target to $1,695 with a Buy rating, while Morgan Stanley downgraded the stock to Equal Weight. The overall consensus is Hold, with a $1,463.71 price target.
• Insiders sold 38,196 shares worth approximately $48.03 million over the past three months. Meanwhile, TransDigm exceeded quarterly earnings and revenue expectations, reporting $10.87 in EPS and $2.74 billion in revenue.

Amundi raised its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 8.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,747 shares of the aerospace company's stock after purchasing an additional 8,134 shares during the quarter. Amundi owned approximately 0.18% of Transdigm Group worth $136,863,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Elyxium Wealth LLC bought a new position in shares of Transdigm Group during the 4th quarter valued at $25,000. Burkett Financial Services LLC bought a new stake in shares of Transdigm Group during the 2nd quarter worth about $25,000. MCF Advisors LLC increased its holdings in shares of Transdigm Group by 900.0% during the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company's stock valued at $27,000 after acquiring an additional 18 shares during the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of Transdigm Group by 1,900.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company's stock valued at $27,000 after acquiring an additional 19 shares during the last quarter. Finally, Colonial Trust Co SC raised its stake in shares of Transdigm Group by 162.5% in the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company's stock valued at $29,000 after acquiring an additional 13 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TDG has been the subject of a number of recent analyst reports. UBS Group upped their target price on Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Morgan Stanley lowered shares of Transdigm Group from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. BMO Capital Markets boosted their price objective on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an "outperform" rating in a research note on Thursday, July 2nd. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Transdigm Group in a report on Friday, August 28th. Finally, BNP Paribas Exane lowered their target price on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an "outperform" rating on the stock in a research note on Thursday, May 14th. Six research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $1,463.71.

Insider Activity at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the firm's stock in a transaction on Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $4,459,536. This trade represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W. Howley sold 10,132 shares of Transdigm Group stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total transaction 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 38,196 shares of company stock worth $48,027,598 in the last three months. 3.20% of the stock is owned by insiders.

Transdigm Group Stock Performance

Shares of TDG opened at $1,147.49 on Wednesday. The company has a 50-day simple moving average of $1,235.60 and a 200-day simple moving average of $1,235.10. Transdigm Group Incorporated has a 52 week low of $1,123.61 and a 52 week high of $1,463.03. The firm has a market capitalization of $64.18 billion, a P/E ratio of 34.81, a P/E/G ratio of 1.93 and a beta of 0.91.

Transdigm Group (NYSE:TDG - Get Free Report) last released its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping analysts' consensus estimates of $10.30 by $0.57. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The firm's revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period last year, the business earned $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, equities analysts forecast that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Transdigm Group Company 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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