Commerce Bank Takes Position in Transdigm Group Incorporated $TDG

Commerce Bank acquired a new position in Transdigm Group Incorporated (NYSE:TDG - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,074 shares of the aerospace company's stock, valued at approximately $4,095,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital International Investors lifted its holdings in shares of Transdigm Group by 0.9% in the fourth quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company's stock valued at $8,702,655,000 after purchasing an additional 55,230 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Transdigm Group during the second quarter valued at $6,489,039,000. Capital World Investors raised its position in Transdigm Group by 0.4% during the fourth quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company's stock valued at $5,258,898,000 after buying an additional 15,825 shares during the period. Capital Research Global Investors lifted its stake in 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 acquiring an additional 268,824 shares in the last quarter. Finally, State Street Corp boosted its position in Transdigm Group by 2.8% during the 4th quarter. State Street Corp now owns 2,456,186 shares of the aerospace company's stock worth $3,266,359,000 after acquiring an additional 67,348 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Transdigm Group Trading Down 0.1%

TDG stock opened at $1,198.78 on Tuesday. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,463.03. The company has a fifty day simple moving average of $1,268.22 and a 200 day simple moving average of $1,244.70. The firm has a market cap of $67.05 billion, a PE ratio of 36.37, a PEG ratio of 2.00 and a beta of 0.91.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same period in the prior year, the business posted $9.60 earnings per share. The business'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. As a group, analysts forecast that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Insider Activity

In related news, COO Joel Reiss sold 3,900 shares of the firm's 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 value of $4,831,164.00. Following the transaction, the chief operating officer directly owned 3,600 shares of the company's stock, valued at approximately $4,459,536. This trade represents a 52.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director W Nicholas Howley sold 10,132 shares of the business's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the completion of the sale, the director owned 21,548 shares of the company's stock, valued at approximately $26,639,361.44. This trade represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 38,196 shares of company stock valued at $48,027,598. 3.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. BNP Paribas Exane lowered their target price on 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. Royal Bank Of Canada decreased their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a "sector perform" rating for the company in a report on Wednesday, May 6th. Wall Street Zen downgraded shares of Transdigm Group from a "buy" rating to a "hold" rating in a research report on Monday, July 20th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a "hold" rating in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a "neutral" rating in a research note on Monday, June 15th. Six research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $1,463.71.

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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