California Public Employees Retirement System Buys 4,765 Shares of Transdigm Group Incorporated $TDG

California Public Employees Retirement System raised its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 5.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 95,995 shares of the aerospace company’s stock after acquiring an additional 4,765 shares during the period. California Public Employees Retirement System’s holdings in Transdigm Group were worth $126,523,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Salomon & Ludwin LLC bought a new position in shares of Transdigm Group during the 3rd quarter worth $26,000. Wealth Watch Advisors INC bought a new position in shares of Transdigm Group in the third quarter worth $34,000. Pinnacle Holdings LLC purchased a new stake in shares of Transdigm Group in the 3rd quarter valued at about $41,000. Security National Bank purchased a new position in Transdigm Group in the 3rd quarter worth $53,000. Finally, Ameritas Advisory Services LLC lifted its position in Transdigm Group by 38.7% in the third quarter. Ameritas Advisory Services LLC now owns 43 shares of the aerospace company’s stock valued at $56,000 after purchasing an additional 12 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Down 1.0%

NYSE TDG opened at $1,213.92 on Monday. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The company has a market capitalization of $68.55 billion, a P/E ratio of 39.06, a price-to-earnings-growth ratio of 2.55 and a beta of 0.93. The stock’s 50-day moving average price is $1,344.45 and its 200-day moving average price is $1,322.31.

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

Insiders Place Their Bets

In related news, Director Kevin M. Stein sold 36,925 shares of the company’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 sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Patrick Joseph Murphy sold 290 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $1,430.10, for a total value of $414,729.00. Following the completion of the sale, the chief operating officer owned 1,055 shares of the company’s stock, valued at $1,508,755.50. The trade was a 21.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 112,648 shares of company stock valued at $157,721,963. Insiders own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

TDG has been the topic of several research reports. KeyCorp lowered Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Robert W. Baird reiterated a “neutral” rating and set a $1,400.00 price target on shares of Transdigm Group in a report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday, December 29th. BNP Paribas Exane began coverage on shares of Transdigm Group in a research note on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 target price for the company. Finally, Zacks Research upgraded shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.