BlackRock Inc. Acquires New Holdings in Transdigm Group Incorporated $TDG

Key Points

• BlackRock acquired 4.87 million TransDigm shares in the second quarter, valued at approximately $6.49 billion, giving it an 8.71% stake. Institutional investors collectively own 95.78% of the company.
• TransDigm exceeded quarterly expectations, reporting $10.87 in EPS and $2.74 billion in revenue, with revenue up 22.5% year over year. The company issued fiscal 2026 EPS guidance of $40.62–$41.46.
• Analyst sentiment remains mixed, with six Buy ratings and eleven Holds producing a consensus “Hold” rating and an average price target of $1,463.71. Meanwhile, insiders sold approximately $30.7 million of shares over the last quarter.

BlackRock Inc. bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,871,505 shares of the aerospace company's stock, valued at approximately $6,489,039,000. BlackRock Inc. owned 8.71% of Transdigm Group as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of TDG. Family Legacy Inc. raised its position in Transdigm Group by 0.3% during the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company's stock worth $3,184,000 after buying an additional 8 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Transdigm Group by 17.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company's stock valued at $73,000 after acquiring an additional 8 shares during the last quarter. Fisher Asset Management LLC increased its stake in shares of Transdigm Group by 3.1% in the fourth quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company's stock worth $398,000 after acquiring an additional 9 shares during the period. Root Financial Partners LLC raised its holdings in shares of Transdigm Group by 6.2% during the fourth quarter. Root Financial Partners LLC now owns 155 shares of the aerospace company's stock worth $206,000 after purchasing an additional 9 shares during the last quarter. Finally, Harbour Investments Inc. lifted its position in Transdigm Group by 13.6% during the fourth quarter. Harbour Investments Inc. now owns 75 shares of the aerospace company's stock valued at $100,000 after purchasing an additional 9 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

Transdigm Group Stock Performance

Shares of NYSE TDG opened at $1,237.18 on Tuesday. The firm has a market cap of $69.20 billion, a PE ratio of 37.54, a PEG ratio of 2.10 and a beta of 0.91. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,463.03. The firm has a fifty day moving average of $1,272.49 and a 200 day moving average of $1,251.38.

Transdigm Group (NYSE:TDG - Get Free Report) last released its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping 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 analysts' expectations of $2.68 billion. During the same quarter in the previous year, the company earned $9.60 earnings per share. The company's quarterly 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, equities analysts predict that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. BMO Capital Markets lifted their price objective on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an "outperform" rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. raised their target price on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a "neutral" rating in a report on Monday, June 15th. Morgan Stanley downgraded Transdigm Group from an "overweight" rating to an "equal weight" rating and decreased their price target for the company from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Susquehanna dropped their price objective on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a "neutral" rating on the stock in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group lifted their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Six research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $1,463.71.

Insider Activity at Transdigm Group

In other news, COO Joel Reiss sold 3,900 shares of the firm's stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the completion of 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 24,164 shares of company stock valued at $30,670,445. 3.20% of the stock is owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source