Canada Pension Plan Investment Board Purchases Shares of 158,357 Transdigm Group Incorporated $TDG

Key Points

• Canada Pension Plan Investment Board acquired 158,357 TransDigm shares worth approximately $210.9 million, representing about 0.28% of the aerospace-components company. Institutional investors collectively own 95.78% of TDG.
• TransDigm exceeded quarterly expectations, reporting $10.87 in EPS versus the $10.30 consensus and $2.74 billion in revenue, up 22.5% year over year. The stock was recently trading near $1,207, below its 52-week high of $1,463.03.
• Analyst sentiment remains cautious, with six Buy ratings and eleven Holds producing a consensus Hold rating and a $1,463.71 target price. Meanwhile, insiders sold approximately $48.0 million of shares over the past three months.

Canada Pension Plan Investment Board acquired a new stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 158,357 shares of the aerospace company's stock, valued at approximately $210,938,000. Canada Pension Plan Investment Board owned approximately 0.28% of Transdigm Group as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in TDG. IFP Advisors Inc increased its stake in Transdigm Group by 392.9% during the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company's stock worth $2,117,000 after acquiring an additional 1,269 shares during the last quarter. DNB Asset Management AS lifted its stake in shares of Transdigm Group by 11.6% in the 4th quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company's stock valued at $34,342,000 after purchasing an additional 2,685 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Transdigm Group by 8.0% in the 4th quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company's stock valued at $22,914,000 after purchasing an additional 1,281 shares during the last quarter. Capital Research Global Investors boosted its holdings in shares of Transdigm Group by 12.2% in the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company's stock worth $3,293,527,000 after purchasing an additional 268,824 shares during the period. Finally, Pier 88 Investment Partners LLC purchased a new position in shares of Transdigm Group in the 4th quarter worth approximately $3,192,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

Transdigm Group Stock Up 1.2%

TDG stock opened at $1,207.28 on Thursday. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,463.03. The firm has a market cap of $67.52 billion, a price-to-earnings ratio of 36.63, a PEG ratio of 1.99 and a beta of 0.91. The business's fifty day simple moving average is $1,263.86 and its two-hundred day simple moving average is $1,243.80.

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

Analyst Ratings Changes

A number of brokerages recently issued reports on TDG. Wall Street Zen downgraded Transdigm Group from a "buy" rating to a "hold" rating in a research report on Monday, July 20th. Susquehanna reduced their target price 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. Stifel Nicolaus restated a "hold" rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a "hold" rating in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. upped their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a "neutral" rating in a report on Monday, June 15th. Six analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $1,463.71.

Insider Activity

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the business's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $4,459,536. The trade was a 52.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the company's stock in a transaction dated 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 completion of the transaction, 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. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 38,196 shares of company stock valued at $48,027,598. 3.20% of the stock is owned by corporate 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.

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