Nykredit A S Invests $19.21 Million in Transdigm Group Incorporated $TDG

Key Points

• Nykredit A/S purchased a new $19.21 million stake in TransDigm Group during the second quarter, buying 14,424 shares. Institutional investors and hedge funds collectively own 95.78% of the company.
• Analyst sentiment remains mixed, with six Buy ratings and eleven Hold ratings, resulting in a consensus Hold rating and an average price target of $1,463.71.
• TransDigm exceeded quarterly expectations, reporting $10.87 in EPS and $2.74 billion in revenue, up 22.5% year over year. However, insiders sold 38,196 shares worth approximately $48 million over the past three months, while the stock opened at $1,162.19.

Nykredit A S purchased a new stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 14,424 shares of the aerospace company's stock, valued at approximately $19,213,000.

Other institutional investors have also added to or reduced their stakes in the company. Empowered Funds LLC grew its stake in shares of Transdigm Group by 5.0% during the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company's stock worth $1,898,000 after buying an additional 65 shares during the last quarter. Acadian Asset Management LLC boosted its holdings 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 valued at $376,000 after acquiring an additional 131 shares in the last quarter. NewEdge Advisors LLC grew its position in Transdigm Group by 152.9% during the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company's stock worth $3,138,000 after acquiring an additional 1,248 shares during the last quarter. Sei Investments Co. increased its holdings in Transdigm Group by 25.4% in the 2nd 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 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company's stock worth $39,264,000 after purchasing an additional 902 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on TDG shares. Jefferies Financial Group lifted their price target on Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. BNP Paribas Exane cut their target price on shares of 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. Wall Street Zen lowered shares of Transdigm Group from a "buy" rating to a "hold" rating in a report on Monday, July 20th. UBS Group upped 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. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Transdigm Group in a research note on Friday, August 28th. Six analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Transdigm Group presently has a consensus rating of "Hold" and a consensus price target of $1,463.71.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction dated 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 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director W. Howley sold 10,132 shares of the business's stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the completion of the transaction, the director directly owned 21,548 shares in the company, valued at $26,204,091.84. This represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 38,196 shares of company stock valued at $48,027,598 in the last three months. 3.20% of the stock is owned by insiders.

Transdigm Group Price Performance

Shares of TDG stock opened at $1,162.19 on Friday. The stock has a market capitalization of $65.00 billion, a PE ratio of 35.26, a PEG ratio of 1.92 and a beta of 0.91. The business's 50 day simple moving average is $1,242.41 and its 200 day simple moving average is $1,237.60. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,463.03.

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 the consensus estimate of $10.30 by $0.57. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company's revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the business earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, research analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current 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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