State Street Corp Buys 42,490 Shares of Transdigm Group Incorporated $TDG

Key Points

• State Street increased its TransDigm position by 1.7%, purchasing 42,490 shares to own 2.56 million shares valued at approximately $3.41 billion. Institutional investors collectively hold 95.78% of TDG.
• TransDigm exceeded quarterly expectations, reporting $10.87 EPS and $2.74 billion in revenue, up 22.5% year over year. The company provided fiscal 2026 EPS guidance of $40.62–$41.46.
• Insiders sold 28,064 shares worth about $33.95 million over the past three months, while analysts maintain a consensus “Hold” rating with an average price target of $1,452.53.

State Street Corp boosted its position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 1.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,559,096 shares of the aerospace company's stock after purchasing an additional 42,490 shares during the quarter. State Street Corp owned about 4.58% of Transdigm Group worth $3,408,818,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Capital International Investors boosted its position in Transdigm Group by 0.9% during the fourth quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company's stock valued at $8,702,655,000 after purchasing an additional 55,230 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of Transdigm Group during the second quarter valued at about $6,489,039,000. Capital World Investors boosted its holdings in shares of Transdigm Group by 0.4% in the 4th quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company's stock valued at $5,258,898,000 after buying an additional 15,825 shares in the last quarter. Capital Research Global Investors grew its position in shares of Transdigm Group by 12.2% in the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company's stock worth $3,293,527,000 after buying an additional 268,824 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Transdigm Group during the 4th quarter worth approximately $1,025,591,000. 95.78% of the stock is owned by institutional investors.

Insider Buying and Selling at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the firm's stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $1,094.58, for a total value of $4,268,862.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $3,940,488. This trade represents a 52.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W. Howley sold 10,132 shares of the firm'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 sale, the director owned 21,548 shares of the company's stock, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 28,064 shares of company stock valued at $33,947,338. 3.20% of the stock is owned by corporate insiders.

Transdigm Group Trading Up 0.3%

Shares of TDG stock opened at $1,112.81 on Wednesday. Transdigm Group Incorporated has a twelve month low of $1,071.25 and a twelve month high of $1,463.03. The stock has a market cap of $62.24 billion, a P/E ratio of 33.76, a P/E/G ratio of 1.84 and a beta of 0.91. The stock has a 50 day moving average of $1,196.15 and a 200 day moving average of $1,220.46.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its 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. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same period in the prior year, the company posted $9.60 EPS. The company's revenue for the quarter was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, research analysts predict that Transdigm Group Incorporated will post 38.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TDG. Guggenheim started coverage on Transdigm Group in a report on Tuesday, September 15th. They set a "neutral" rating for the company. UBS Group upped their target price on 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. Melius Research reiterated a "hold" rating and issued a $1,331.00 price target on shares of Transdigm Group in a research note on Monday, September 14th. BMO Capital Markets raised their price target on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an "outperform" rating in a report on Thursday, July 2nd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Transdigm Group from $1,450.00 to $1,415.00 and set a "neutral" rating on the stock in a report on Thursday, September 17th. Five investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company's stock. According to MarketBeat, Transdigm Group currently has an average rating of "Hold" and a consensus target price of $1,452.53.

About Transdigm Group

TransDigm Group Incorporated NYSE: TDG designs, produces and supplies aircraft components, systems and related aftermarket services. The company focuses primarily on proprietary aerospace products, including mechanical and electromechanical actuators, ignition systems, pumps, valves, sensors, cockpit and data-acquisition systems, power-conditioning equipment, lighting, lavatory components, seat belts and cargo-loading systems.

TransDigm serves commercial and regional airlines, business and general aviation operators, aircraft manufacturers and military customers.

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