Transdigm Group Incorporated $TDG Shares Bought by Franklin Resources Inc.

Franklin Resources Inc. raised its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 161.7% in the third quarter, Holdings Channel.com reports. The fund owned 475,489 shares of the aerospace company’s stock after purchasing an additional 293,821 shares during the period. Franklin Resources Inc.’s holdings in Transdigm Group were worth $626,704,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. FourThought Financial Partners LLC purchased a new stake in Transdigm Group in the third quarter valued at approximately $432,000. Capital Research Global Investors lifted its stake in Transdigm Group by 10.2% during the 3rd quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock worth $2,909,850,000 after acquiring an additional 203,997 shares in the last quarter. Capital International Sarl boosted its holdings in Transdigm Group by 48.2% during the 3rd quarter. Capital International Sarl now owns 34,729 shares of the aerospace company’s stock valued at $45,774,000 after acquiring an additional 11,302 shares during the period. Capital International Ltd. CA grew its position in Transdigm Group by 21.0% in the 3rd quarter. Capital International Ltd. CA now owns 22,389 shares of the aerospace company’s stock valued at $29,509,000 after acquiring an additional 3,882 shares in the last quarter. Finally, Capital International Inc. CA lifted its position in shares of Transdigm Group by 12.2% during the third quarter. Capital International Inc. CA now owns 43,920 shares of the aerospace company’s stock worth $57,887,000 after purchasing an additional 4,771 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $5,147,712. The trade was a 52.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kevin M. Stein sold 36,925 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the transaction, the director directly owned 19,233 shares in the company, valued at approximately $27,422,219.07. The trade was a 65.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 116,548 shares of company stock worth $162,754,991 over the last three months. Company insiders own 3.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on TDG shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. BMO Capital Markets increased their price objective on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. boosted their target price on Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a research note on Friday, November 14th. Robert W. Baird reaffirmed a “neutral” rating and issued a $1,400.00 price target on shares of Transdigm Group in a research report on Wednesday, February 4th. Finally, Morgan Stanley boosted their price objective on Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,584.44.

Transdigm Group Stock Performance

NYSE:TDG opened at $1,258.49 on Thursday. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The stock has a market cap of $71.07 billion, a P/E ratio of 40.49, a P/E/G ratio of 2.66 and a beta of 0.93. The stock has a 50-day simple moving average of $1,349.45 and a 200-day simple moving average of $1,325.38.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, topping the consensus estimate of $7.99 by $0.24. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The firm’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $7.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. On average, equities research analysts predict 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.