Deutsche Bank AG Buys Shares of 174,808 Transdigm Group Incorporated $TDG

Deutsche Bank AG bought a new position in Transdigm Group Incorporated (NYSE:TDG - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 174,808 shares of the aerospace company's stock, valued at approximately $232,851,000. Deutsche Bank AG owned approximately 0.31% of Transdigm Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Perigon Wealth Management LLC bought a new position in shares of Transdigm Group during the 2nd quarter worth approximately $995,000. Commerzbank Aktiengesellschaft FI acquired a new stake in Transdigm Group in the second quarter valued at approximately $970,000. Trust Co. of Vermont acquired a new stake in Transdigm Group in the second quarter valued at approximately $33,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Transdigm Group in the second quarter worth $192,986,000. Finally, OneDigital Investment Advisors LLC purchased a new position in Transdigm Group in the second quarter worth $10,393,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on TDG. Stifel Nicolaus reiterated a "hold" rating and set a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Weiss Ratings downgraded Transdigm Group from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, June 2nd. BNP Paribas Exane reduced 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 report on Thursday, May 14th. BMO Capital Markets upped their target price on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an "outperform" rating in a research report on Thursday, July 2nd. Finally, Wall Street Zen cut Transdigm Group from a "buy" rating to a "hold" rating in a research note on Monday, July 20th. Six investment 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.com, the stock currently has an average rating of "Hold" and an average price target of $1,463.71.

Insiders Place Their Bets

In related news, COO Joel Reiss sold 3,900 shares of the firm's stock in a transaction 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 completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,459,536. This trade represents a 52.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction dated 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 sale, the director directly owned 21,548 shares of the company's stock, valued at approximately $26,204,091.84. This represents a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 28,064 shares of company stock valued at $35,501,609 in the last 90 days. 3.20% of the stock is currently owned by company insiders.

Transdigm Group Trading Down 0.1%

Shares of Transdigm Group stock opened at $1,236.76 on Wednesday. The firm's 50 day simple moving average is $1,272.09 and its two-hundred day simple moving average is $1,250.15. The firm has a market capitalization of $69.17 billion, a price-to-earnings ratio of 37.52, a PEG ratio of 2.10 and a beta of 0.91. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,463.03.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping the consensus estimate of $10.30 by $0.57. The business had revenue of $2.74 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 22.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, sell-side analysts predict that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

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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