Danske Bank A S Buys New Position in Transdigm Group Incorporated $TDG

Danske Bank A S purchased a new position in Transdigm Group Incorporated (NYSE:TDG) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 71,096 shares of the aerospace company’s stock, valued at approximately $93,706,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of TDG. Salomon & Ludwin LLC bought a new position in shares of Transdigm Group during the 3rd quarter valued at about $26,000. Wealth Watch Advisors INC bought a new stake in shares of Transdigm Group in the 3rd quarter worth approximately $34,000. Pinnacle Holdings LLC acquired a new stake in Transdigm Group during the third quarter valued at approximately $41,000. Security National Bank bought a new stake in Transdigm Group during the third quarter worth approximately $53,000. Finally, Ameritas Advisory Services LLC grew its position 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 buying an additional 12 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director W Nicholas Howley sold 10,168 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $1,307.68, for a total value of $13,296,490.24. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $28,177,888.64. This represents a 32.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $1,243.70, for a total value of $4,850,430.00. Following the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,477,320. This represents a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 116,548 shares of company stock worth $162,572,393. Insiders own 3.20% of the company’s stock.

Transdigm Group Trading Down 1.2%

NYSE:TDG opened at $1,232.55 on Wednesday. The business’s fifty day moving average price is $1,339.08 and its 200 day moving average price is $1,320.06. The firm has a market capitalization of $69.61 billion, a price-to-earnings ratio of 39.66, a PEG ratio of 2.62 and a beta of 0.93. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, beating analysts’ consensus estimates of $7.99 by $0.24. The company had revenue of $2.29 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.83 EPS. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Equities analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Analysts Set New Price Targets

TDG has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. BNP Paribas Exane initiated coverage on Transdigm Group in a report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 target price for the company. Robert W. Baird reiterated 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, UBS Group dropped their price target on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock 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, Transdigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,584.44.

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.