Daiichi Life Insurance Co. Ltd. Purchases New Position in Transdigm Group Incorporated $TDG

Key Points

• Daiichi Life Insurance acquired 1,497 TransDigm shares worth approximately $1.99 million in the second quarter. Institutional investors own 95.78% of the company.
• TransDigm exceeded quarterly expectations, reporting $10.87 in earnings per share and $2.74 billion in revenue, with revenue up 22.5% year over year.
• Analyst sentiment is mixed, with a consensus rating of Hold and an average price target of $1,463.71, while insiders sold roughly $48 million of stock over the past three months.

Daiichi Life Insurance Co. Ltd. acquired a new position in Transdigm Group Incorporated (NYSE:TDG - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,497 shares of the aerospace company's stock, valued at approximately $1,994,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Commerce Bank acquired a new stake in Transdigm Group in the second quarter valued at approximately $4,095,000. Northwestern Mutual Wealth Management Co. bought a new position in Transdigm Group during the second quarter valued at about $2,546,000. Quantbot Technologies LP bought a new stake in shares of Transdigm Group during the 2nd quarter worth about $404,000. Evolve Private Wealth LLC acquired a new position in shares of Transdigm Group during the 2nd quarter valued at about $225,000. Finally, Varma Mutual Pension Insurance Co acquired a new position in shares of Transdigm Group during the 2nd quarter valued at about $13,667,000. Institutional investors own 95.78% of the company's stock.

Transdigm Group Stock Up 0.4%

Shares of NYSE TDG opened at $1,204.92 on Monday. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,463.03. The company has a market cap of $67.39 billion, a P/E ratio of 36.56, a P/E/G ratio of 2.00 and a beta of 0.91. The business's 50 day moving average is $1,269.76 and its two-hundred day moving average is $1,245.39.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data 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. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The company had revenue of $2.74 billion during the quarter, compared to analysts' expectations of $2.68 billion. During the same period in the prior year, the business earned $9.60 earnings per share. Transdigm Group's revenue for the quarter was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Sell-side analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the firm's stock in a transaction on 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 sale, the chief operating officer directly owned 3,600 shares in the company, valued at $4,459,536. This trade represents a 52.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the business'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 transaction, the director owned 21,548 shares in the company, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Over 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.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. BNP Paribas Exane reduced their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an "outperform" rating for the company in a report on Thursday, May 14th. UBS Group lifted their price target on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Royal Bank Of Canada reduced 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 note on Wednesday, May 6th. BMO Capital Markets raised their target price on shares of 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. Finally, Susquehanna dropped 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 report on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $1,463.71.

About Transdigm Group

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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