Rockefeller Capital Management L.P. Purchases 585 Shares of Transdigm Group Incorporated $TDG

Rockefeller Capital Management L.P. grew its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 12.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,308 shares of the aerospace company’s stock after purchasing an additional 585 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Transdigm Group were worth $7,059,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. Capital International Investors grew its stake in Transdigm Group by 0.9% in the 4th quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock valued at $8,702,655,000 after buying an additional 55,230 shares in the last quarter. Capital World Investors lifted its position in shares of Transdigm Group by 0.4% during the fourth quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock worth $5,258,898,000 after acquiring an additional 15,825 shares in the last quarter. Capital Research Global Investors lifted its position in shares of Transdigm Group by 12.2% during the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after acquiring an additional 268,824 shares in the last quarter. State Street Corp boosted its holdings in shares of Transdigm Group by 2.8% in the fourth quarter. State Street Corp now owns 2,456,186 shares of the aerospace company’s stock worth $3,266,359,000 after acquiring an additional 67,348 shares during the period. Finally, Norges Bank purchased a new position in shares of Transdigm Group in the fourth quarter valued at $1,025,591,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Royal Bank Of Canada decreased their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. TD Cowen reduced their target price on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. BMO Capital Markets decreased their price target on Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating on the stock in a research report on Tuesday, March 31st. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a report on Sunday, June 14th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. Nine analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Transdigm Group has an average rating of “Moderate Buy” and a consensus price target of $1,513.56.

Transdigm Group Stock Performance

NYSE:TDG opened at $1,331.42 on Friday. The firm has a market capitalization of $74.47 billion, a price-to-earnings ratio of 41.56, a P/E/G ratio of 2.30 and a beta of 0.91. Transdigm Group Incorporated has a 52-week low of $1,123.61 and a 52-week high of $1,623.82. The stock has a fifty day moving average of $1,230.34 and a 200 day moving average of $1,274.92.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, topping the consensus estimate of $9.46 by $0.39. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The business had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. During the same period in the previous year, the business earned $9.11 earnings per share. The firm’s revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Equities analysts forecast that Transdigm Group Incorporated will post 37.99 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the transaction, the director owned 21,548 shares of the company’s stock, valued at $28,433,663.40. This represents a 31.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,596,408. This trade represents a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 42,096 shares of company stock worth $52,625,524 over the last ninety days. 3.20% of the stock is currently owned by insiders.

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.