State of New Jersey Common Pension Fund D Has $25.77 Million Stake in Transdigm Group Incorporated $TDG

State of New Jersey Common Pension Fund D lifted its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 4.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,549 shares of the aerospace company’s stock after buying an additional 904 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Transdigm Group were worth $25,766,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of TDG. Salomon & Ludwin LLC acquired a new stake in Transdigm Group during the 3rd quarter worth about $26,000. Bank of Jackson Hole Trust boosted its position in shares of Transdigm Group by 84.6% during the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 11 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Transdigm Group by 1,250.0% during the second 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 period. Security National Bank bought a new stake in Transdigm Group in the third quarter worth approximately $53,000. Finally, Ameritas Advisory Services LLC increased its holdings in Transdigm Group by 38.7% in the third quarter. Ameritas Advisory Services LLC now owns 43 shares of the aerospace company’s stock worth $56,000 after purchasing an additional 12 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Buying and Selling

In other Transdigm Group news, Director Kevin M. Stein sold 36,925 shares of Transdigm Group 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 transaction, the director directly owned 19,233 shares of the company’s stock, valued at $27,422,219.07. The trade was a 65.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael Lisman bought 950 shares of Transdigm Group stock in a transaction dated Friday, February 6th. The stock was purchased at an average price of $1,284.26 per share, with a total value of $1,220,047.00. Following the purchase, the chief executive officer owned 3,259 shares in the company, valued at approximately $4,185,403.34. This represents a 41.14% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last quarter, insiders sold 235,849 shares of company stock valued at $323,054,509. 3.20% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on TDG. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday, December 29th. UBS Group decreased their price target on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. JPMorgan Chase & Co. increased their price objective on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a research report on Friday, November 14th. Morgan Stanley raised their target price on Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $1,400.00 price target on shares of Transdigm Group in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,584.44.

Transdigm Group Price Performance

TDG opened at $1,286.10 on Monday. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The firm has a market capitalization of $72.63 billion, a PE ratio of 41.38, a P/E/G ratio of 2.75 and a beta of 0.92. The company’s 50-day moving average is $1,350.16 and its 200 day moving average is $1,342.21.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, topping analysts’ consensus estimates of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period in the previous year, the company posted $7.83 EPS. The company’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, analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current 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.