Mitsubishi UFJ Asset Management Co. Ltd. Takes $192.99 Million Position in Transdigm Group Incorporated $TDG

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 144,880 shares of the aerospace company's stock, valued at approximately $192,986,000. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.26% of Transdigm Group as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Empowered Funds LLC increased its position in shares of Transdigm Group by 5.0% in the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company's stock valued at $1,898,000 after purchasing an additional 65 shares during the last quarter. Acadian Asset Management LLC lifted its position in shares of Transdigm Group by 92.3% during the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company's stock worth $376,000 after purchasing an additional 131 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Transdigm Group by 152.9% during the second quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company's stock worth $3,138,000 after purchasing an additional 1,248 shares in the last quarter. Sei Investments Co. grew its stake in shares of Transdigm Group by 25.4% during the second quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company's stock worth $50,227,000 after purchasing an additional 6,697 shares in the last quarter. Finally, Treasurer of the State of North Carolina increased its holdings in Transdigm Group by 3.6% in the second quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company's stock valued at $39,264,000 after buying an additional 902 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the transaction, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $4,596,408. The trade was a 52.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director W Nicholas Howley sold 10,132 shares of the company's stock in a transaction on Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the completion of the sale, the director owned 21,548 shares of the company's stock, valued at approximately $26,204,091.84. This trade represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 24,164 shares of company stock worth $30,670,445. Insiders own 3.20% of the company's stock.

Transdigm Group Stock Performance

Transdigm Group stock opened at $1,237.18 on Tuesday. The company has a market capitalization of $69.20 billion, a P/E ratio of 37.54, a PEG ratio of 2.10 and a beta of 0.91. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,463.03. The stock has a 50-day simple moving average of $1,272.49 and a 200-day simple moving average of $1,251.38.

Transdigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $10.30 by $0.57. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The firm's quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the business posted $9.60 EPS. 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 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TDG has been the topic of a number of analyst reports. Wall Street Zen cut Transdigm Group from a "buy" rating to a "hold" rating in a research note on Monday, July 20th. Susquehanna dropped their price objective on 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. Morgan Stanley lowered Transdigm Group from an "overweight" rating to an "equal weight" rating and cut their target price for the stock from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Stifel Nicolaus restated a "hold" rating and set a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Finally, UBS Group upped their price target on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. 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.com, the company currently has an average rating of "Hold" and a consensus price target 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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