651 Shares in Transdigm Group Incorporated $TDG Purchased by Great Lakes Advisors LLC

Great Lakes Advisors LLC acquired a new stake in Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, Holdings Channel reports. The institutional investor acquired 651 shares of the aerospace company’s stock, valued at approximately $867,000.

A number of other institutional investors have also made changes to their positions in TDG. BlackRock Inc. acquired a new stake in Transdigm Group during the 2nd quarter valued at $6,489,039,000. Norges Bank acquired a new position in shares of Transdigm Group in the fourth quarter valued at $1,025,591,000. Bank of New York Mellon Corp bought a new position in shares of Transdigm Group in the second quarter valued at about $424,587,000. Capital Research Global Investors raised its position 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 purchasing an additional 268,824 shares during the period. Finally, Deutsche Bank AG acquired a new stake in shares of Transdigm Group during the 2nd quarter worth about $232,851,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Jefferies Financial Group lifted their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Susquehanna lowered 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 report on Wednesday, May 6th. Morgan Stanley downgraded shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. JPMorgan Chase & Co. boosted their price objective on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. Finally, UBS Group upped their target price on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Six investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $1,463.71.

Transdigm Group Stock Performance

Shares of Transdigm Group stock opened at $1,204.92 on Friday. The firm has a 50-day moving average of $1,269.76 and a 200-day moving average of $1,246.72. Transdigm Group Incorporated has a 52-week low of $1,123.61 and a 52-week high of $1,463.03. The stock has a market cap of $67.39 billion, a PE ratio of 36.56, a PEG ratio of 2.00 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same period last year, the firm earned $9.60 earnings per share. Transdigm Group’s revenue for the quarter was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Equities research analysts predict that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,459,536. The trade was a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $26,204,091.84. This trade represents a 31.98% 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 38,196 shares of company stock worth $48,027,598. Company insiders own 3.20% of the company’s stock.

Transdigm Group Company 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.