Transdigm Group Incorporated $TDG Holdings Raised by Legal & General Group Plc

Legal & General Group Plc increased its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 0.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 300,452 shares of the aerospace company’s stock after purchasing an additional 1,961 shares during the quarter. Legal & General Group Plc’s holdings in Transdigm Group were worth $456,879,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Equitable Trust Co. increased its stake in Transdigm Group by 8.2% during the 2nd quarter. Equitable Trust Co. now owns 6,371 shares of the aerospace company’s stock valued at $9,688,000 after buying an additional 484 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Transdigm Group by 5.4% during the first quarter. BNP Paribas Financial Markets now owns 104,065 shares of the aerospace company’s stock valued at $143,952,000 after acquiring an additional 5,369 shares during the period. Vanguard Personalized Indexing Management LLC raised its holdings in Transdigm Group by 30.5% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 7,077 shares of the aerospace company’s stock worth $10,763,000 after purchasing an additional 1,656 shares in the last quarter. Radnor Capital Management LLC lifted its position in Transdigm Group by 57.9% in the second quarter. Radnor Capital Management LLC now owns 1,255 shares of the aerospace company’s stock worth $1,908,000 after purchasing an additional 460 shares during the period. Finally, Interval Partners LP bought a new position in Transdigm Group during the 1st quarter valued at $7,475,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Transdigm Group Stock Performance

Shares of TDG opened at $1,348.27 on Friday. 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 $75.93 billion, a PE ratio of 44.75, a PEG ratio of 3.25 and a beta of 1.02. The company’s 50 day moving average price is $1,302.18 and its 200 day moving average price is $1,399.31.

Transdigm Group (NYSE:TDG) last issued its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The company had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same quarter last year, the business posted $9.83 EPS. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, equities analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TDG. BMO Capital Markets boosted their price objective on Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday. Truist Financial cut their price target on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a report on Wednesday, October 15th. BNP Paribas Exane began coverage on shares of Transdigm Group in a research report on Tuesday. They issued an “outperform” rating and a $1,775.00 price target on the stock. Finally, Zacks Research downgraded Transdigm Group from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,576.29.

Insider Transactions at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $1,340.00, for a total value of $5,226,000.00. Following the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,824,000. This represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director W Nicholas Howley sold 2,736 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $1,298.87, for a total value of $3,553,708.32. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at $27,988,050.76. This represents a 11.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 33,629 shares of company stock valued at $44,369,174. Corporate insiders own 4.09% of the company’s stock.

Transdigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.