Norges Bank Takes Position in Transdigm Group Incorporated $TDG

Norges Bank acquired a new stake in Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 838,486 shares of the aerospace company’s stock, valued at approximately $1,275,035,000.

Other large investors have also recently bought and sold shares of the company. Saudi Central Bank acquired a new stake in shares of Transdigm Group in the first quarter worth about $30,000. Bank of Jackson Hole Trust raised its stake in shares of Transdigm Group by 84.6% in the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after acquiring an additional 11 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in Transdigm Group by 1,250.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in Transdigm Group during the second quarter worth approximately $47,000. Finally, NewSquare Capital LLC grew its holdings in Transdigm Group by 48.3% during the second quarter. NewSquare Capital LLC now owns 43 shares of the aerospace company’s stock valued at $65,000 after purchasing an additional 14 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TDG. Stifel Nicolaus reduced their price objective on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research note on Thursday, November 13th. Zacks Research lowered shares of Transdigm Group from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Susquehanna decreased their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a report on Thursday, October 9th. Morgan Stanley lifted their price objective on Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. Finally, KeyCorp decreased their target price on Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,576.29.

Insider Buying and Selling at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on Monday, November 17th. The shares were sold at an average price of $1,340.00, for a total transaction of $5,226,000.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,824,000. The trade was a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Patrick Joseph Murphy sold 290 shares of the stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $1,310.00, for a total transaction of $379,900.00. Following the completion of the transaction, the chief operating officer owned 1,055 shares of the company’s stock, valued at approximately $1,382,050. This represents a 21.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 36,086 shares of company stock valued at $47,639,028 in the last quarter. 4.09% of the stock is currently owned by corporate insiders.

Transdigm Group Stock Performance

Shares of TDG opened at $1,360.17 on Friday. The company has a 50-day simple moving average of $1,308.97 and a 200-day simple moving average of $1,397.95. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The firm has a market capitalization of $76.60 billion, a P/E ratio of 45.14, a P/E/G ratio of 3.25 and a beta of 1.02.

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

About Transdigm Group

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.