Public Sector Pension Investment Board Boosts Stock Position in Transdigm Group Incorporated $TDG

Public Sector Pension Investment Board boosted its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 14.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,961 shares of the aerospace company’s stock after acquiring an additional 634 shares during the period. Public Sector Pension Investment Board’s holdings in Transdigm Group were worth $6,539,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in Transdigm Group during the second quarter valued at about $1,275,035,000. Principal Financial Group Inc. raised its position in shares of Transdigm Group by 18.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after purchasing an additional 367,756 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Transdigm Group by 5.3% during the 2nd quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock worth $10,178,995,000 after purchasing an additional 333,965 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its position in Transdigm Group by 1,566.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 213,775 shares of the aerospace company’s stock worth $325,075,000 after acquiring an additional 200,949 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in Transdigm Group by 56.9% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 196,866 shares of the aerospace company’s stock worth $299,362,000 after purchasing an additional 71,399 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Stock Performance

Shares of NYSE TDG opened at $1,314.98 on Thursday. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82. The firm has a market capitalization of $74.26 billion, a P/E ratio of 42.31, a PEG ratio of 2.79 and a beta of 0.92. The company’s fifty day moving average is $1,348.82 and its two-hundred day moving average is $1,337.79.

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

Insider Transactions at Transdigm Group

In other Transdigm Group news, COO Patrick Joseph Murphy sold 290 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $1,430.10, for a total transaction of $414,729.00. Following the sale, the chief operating officer directly owned 1,055 shares in the company, valued at approximately $1,508,755.50. The trade was a 21.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kevin M. Stein sold 36,925 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the completion of the transaction, the director owned 19,233 shares of the company’s stock, valued at approximately $27,422,219.07. This represents a 65.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 228,658 shares of company stock worth $313,263,459 over the last quarter. Insiders own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TDG. Royal Bank Of Canada increased their price objective on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. BMO Capital Markets upped their price objective on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. Stifel Nicolaus lowered their target price on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. BNP Paribas Exane began coverage on Transdigm Group in a research note on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 price target for the company. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a research report on Friday, November 14th. 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,584.44.

Transdigm Group 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.