HighTower Advisors LLC Grows Position in Transdigm Group Incorporated $TDG

HighTower Advisors LLC boosted its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 3.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,949 shares of the aerospace company’s stock after acquiring an additional 560 shares during the period. HighTower Advisors LLC’s holdings in Transdigm Group were worth $21,020,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. 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 valued at $10,178,995,000 after purchasing an additional 333,965 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of Transdigm Group by 18.3% in the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after buying an additional 367,756 shares in the last quarter. State Street Corp boosted its stake in Transdigm Group by 2.5% during the second quarter. State Street Corp now owns 2,343,288 shares of the aerospace company’s stock valued at $3,563,297,000 after buying an additional 56,141 shares during the last quarter. Geode Capital Management LLC grew its holdings in Transdigm Group by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 1,214,396 shares of the aerospace company’s stock valued at $1,837,459,000 after buying an additional 17,946 shares in the last quarter. Finally, Norges Bank bought a new stake in Transdigm Group in the 2nd quarter worth approximately $1,275,035,000. 95.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. BMO Capital Markets increased their target price on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Royal Bank Of Canada lifted their price objective on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. upped their target price 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. Finally, BNP Paribas Exane initiated coverage on shares of Transdigm Group in a report on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Transdigm Group has an average rating of “Moderate Buy” and an average target price of $1,584.44.

Insiders Place Their Bets

In other news, Director Kevin M. Stein sold 36,925 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $1,425.79, for a total transaction of $52,647,295.75. Following the completion of the sale, the director directly owned 19,233 shares of the company’s stock, valued at approximately $27,422,219.07. The trade was a 65.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert J. Small sold 90,953 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $1,335.72, for a total transaction of $121,487,741.16. Following the completion of the transaction, the director owned 68,139 shares in the company, valued at approximately $91,014,625.08. The trade was a 57.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 228,658 shares of company stock valued at $313,263,459. 3.20% of the stock is owned by company insiders.

Transdigm Group Trading Up 0.9%

Transdigm Group stock opened at $1,327.59 on Friday. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82. The firm has a 50-day moving average price of $1,349.04 and a 200-day moving average price of $1,337.72. The firm has a market capitalization of $74.97 billion, a PE ratio of 42.72, a price-to-earnings-growth ratio of 2.82 and a beta of 0.92.

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

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.