B. Metzler seel. Sohn & Co. AG purchased a new position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,776 shares of the aerospace company's stock, valued at approximately $2,366,000.
Other large investors also recently bought and sold shares of the company. Empowered Funds LLC boosted its holdings in shares of Transdigm Group by 5.0% during the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company's stock worth $1,898,000 after purchasing an additional 65 shares during the last quarter. Acadian Asset Management LLC lifted its position in Transdigm Group by 92.3% during the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company's stock worth $376,000 after buying an additional 131 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Transdigm Group by 152.9% during the second quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company's stock worth $3,138,000 after buying an additional 1,248 shares during the last quarter. Sei Investments Co. boosted its stake in Transdigm Group by 25.4% during the second quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company's stock worth $50,227,000 after buying an additional 6,697 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its holdings in Transdigm Group by 3.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company's stock valued at $39,264,000 after buying an additional 902 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.
Analyst Ratings Changes
Several research analysts have recently weighed in on the stock. Morgan Stanley cut shares of Transdigm Group from an "overweight" rating to an "equal weight" rating and lowered their price target for the company from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Royal Bank Of Canada cut their price objective on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a "sector perform" rating for the company in a research report on Wednesday, May 6th. Jefferies Financial Group lifted their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the company a "hold" rating in a report on Wednesday, May 6th. Finally, Wall Street Zen cut shares of Transdigm Group from a "buy" rating to a "hold" rating in a research note on Monday, July 20th. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Transdigm Group presently has a consensus rating of "Hold" and a consensus target price of $1,463.71.
Check Out Our Latest Stock Analysis on Transdigm Group
Transdigm Group Trading Up 2.1%
TDG opened at $1,204.92 on Friday. The stock's 50-day moving average price is $1,269.76 and its 200 day moving average price is $1,246.72. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,463.03. The firm has a market cap of $67.39 billion, a price-to-earnings ratio of 36.56, a PEG ratio of 2.00 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, beating the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion during 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%.Transdigm Group's revenue was up 22.5% compared to the same quarter last year. During the same period in the previous year, the company posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, research analysts forecast that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.
Insider Activity at Transdigm Group
In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the 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 sale, the director directly owned 21,548 shares in the company, valued at $26,204,091.84. This represents a 31.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred 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 sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,459,536. This trade represents a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 38,196 shares of company stock valued at $48,027,598. Insiders own 3.20% of the company's stock.
About Transdigm Group
(
Free Report)
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.
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