Employees Retirement System of Texas Has $54.42 Million Holdings in Transdigm Group Incorporated $TDG

Key Points

• Employees Retirement System of Texas increased its stake in Transdigm Group (TDG) by 42.6% in Q3 to 41,287 shares, valued at approximately $54.42 million (about 0.07% of the company).
• Insider activity was notable: COO Joel Reiss sold 3,900 shares at about $1,429.92 each (~$5.58 million), cutting his holding by 52%, while CEO Michael Lisman bought 950 shares at ~$1,284.26 (~$1.22 million); insiders have sold 116,548 shares (~$162.75 million) in the last 90 days.
• TransDigm beat Q results with $8.23 EPS vs. $7.99 expected and revenue of $2.29 billion (+13.9% YoY); the company set FY2026 EPS guidance of 37.42–39.34, while the stock trades with a market cap of ~$69.1 billion and a PE of 39.39.

Employees Retirement System of Texas raised its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 42.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,287 shares of the aerospace company's stock after purchasing an additional 12,338 shares during the quarter. Employees Retirement System of Texas owned 0.07% of Transdigm Group worth $54,417,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TDG. Salomon & Ludwin LLC acquired a new position in shares of Transdigm Group during the third quarter worth about $26,000. Pinnacle Holdings LLC bought a new stake in Transdigm Group in the 3rd quarter valued at approximately $41,000. Security National Bank bought a new stake in Transdigm Group in the 3rd quarter valued at approximately $53,000. Ameritas Advisory Services LLC boosted its position in Transdigm Group by 38.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 43 shares of the aerospace company's stock worth $56,000 after acquiring an additional 12 shares during the last quarter. Finally, Winch Advisory Services LLC grew its stake in shares of Transdigm Group by 147.6% during the 3rd quarter. Winch Advisory Services LLC now owns 52 shares of the aerospace company's stock worth $69,000 after acquiring an additional 31 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,900 shares of the firm's stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $5,147,712. This trade represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Michael Lisman purchased 950 shares of the stock in a transaction on Friday, February 6th. The shares were acquired at an average cost of $1,284.26 per share, for a total transaction of $1,220,047.00. Following the transaction, the chief executive officer owned 3,259 shares of the company's stock, valued at approximately $4,185,403.34. The trade was a 41.14% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 116,548 shares of company stock worth $162,754,991 in the last 90 days. 3.20% of the stock is owned by corporate insiders.

Transdigm Group Trading Down 2.7%

NYSE:TDG opened at $1,224.39 on Friday. The stock has a market capitalization of $69.14 billion, a PE ratio of 39.39, a P/E/G ratio of 2.64 and a beta of 0.93. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The firm has a fifty day simple moving average of $1,347.32 and a 200 day simple moving average of $1,324.68.

Transdigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, beating analysts' consensus estimates of $7.99 by $0.24. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The firm had revenue of $2.29 billion during the quarter, compared to analysts' expectations of $2.26 billion. During the same quarter last year, the company posted $7.83 earnings per share. The company's revenue for the quarter was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. On average, equities analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TDG has been the topic of a number of recent research reports. UBS Group lowered their price objective on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a "buy" rating on the stock in a report on Wednesday, February 4th. Morgan Stanley raised their target price on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the company an "overweight" rating in a research report on Friday, November 14th. Royal Bank Of Canada lifted their price target on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the company a "sector perform" rating in a research note on Thursday, November 13th. KeyCorp cut shares of Transdigm Group from an "overweight" rating to a "sector weight" rating in a research report on Thursday, February 5th. Finally, Weiss Ratings restated a "buy (b-)" rating on shares of Transdigm Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,584.44.

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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