PensionDanmark Pensionsforsikringsaktieselskab Acquires 766 Shares of Transdigm Group Incorporated $TDG

PensionDanmark Pensionsforsikringsaktieselskab lifted its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 10.2% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 8,240 shares of the aerospace company’s stock after buying an additional 766 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Transdigm Group were worth $10,976,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of TDG. Norges Bank acquired a new stake in Transdigm Group in the 4th quarter worth about $1,025,591,000. Capital Research Global Investors boosted its stake in shares of Transdigm Group by 12.2% in the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after buying an additional 268,824 shares during the period. The Manufacturers Life Insurance Company grew its position in Transdigm Group by 413.7% during the first quarter. The Manufacturers Life Insurance Company now owns 190,147 shares of the aerospace company’s stock worth $220,373,000 after buying an additional 153,131 shares in the last quarter. Temasek Holdings Private Ltd acquired a new position in Transdigm Group in the 4th quarter valued at $193,544,000. Finally, Veritas Asset Management LLP bought a new stake in shares of Transdigm Group during the 4th quarter valued at $188,629,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,900 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,596,408. This represents a 52.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the sale, the director directly owned 21,548 shares in the company, valued at approximately $26,204,091.84. This trade represents a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 38,196 shares of company stock worth $47,135,464 in the last 90 days. Company insiders own 3.20% of the company’s stock.

Analyst Upgrades and Downgrades

TDG has been the topic of a number of recent analyst reports. BMO Capital Markets raised their price target on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Jefferies Financial Group upped their price target on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Susquehanna reduced their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Finally, UBS Group lifted their price objective on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research note on Wednesday. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $1,463.71.

Transdigm Group Trading Down 3.2%

TDG stock opened at $1,221.42 on Friday. The stock has a market capitalization of $68.31 billion, a P/E ratio of 37.06, a price-to-earnings-growth ratio of 2.17 and a beta of 0.91. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,463.03. The firm has a 50-day moving average price of $1,271.05 and a 200-day moving average price of $1,260.93.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The firm’s revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the firm posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, equities analysts predict that Transdigm Group Incorporated will post 37.77 EPS for the current fiscal year.

Transdigm Group Profile

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.