Varma Mutual Pension Insurance Co Takes $13.67 Million Position in Transdigm Group Incorporated $TDG

Varma Mutual Pension Insurance Co acquired a new position in shares of Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 10,260 shares of the aerospace company’s stock, valued at approximately $13,667,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. X Square Capital LLC bought a new position in Transdigm Group during the 2nd quarter worth $3,081,000. George Kaiser Family Foundation bought a new stake in Transdigm Group during the second quarter worth approximately $4,562,000. Westpac Banking Corp bought a new stake in shares of Transdigm Group in the 2nd quarter worth $390,000. TRB Wealth Management LLC acquired a new stake in Transdigm Group in the 2nd quarter valued at about $228,000. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Transdigm Group in the second quarter valued at $4,501,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Transdigm Group Trading Up 0.4%

Shares of TDG opened at $1,204.92 on Monday. The stock has a market cap of $67.39 billion, a P/E ratio of 36.56, a price-to-earnings-growth ratio of 2.00 and a beta of 0.91. The stock’s 50-day moving average price is $1,269.76 and its two-hundred day moving average price is $1,245.39. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,463.03.

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. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.Transdigm Group’s revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the firm posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, equities analysts forecast that Transdigm Group Incorporated will post 38.81 EPS for the current year.

Insider Transactions at Transdigm Group

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

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft upped their price target on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Jefferies Financial Group increased their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. JPMorgan Chase & Co. boosted their price objective on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. BMO Capital Markets raised their target price on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Finally, Royal Bank Of Canada dropped their price objective on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, Transdigm Group currently has a consensus rating of “Hold” and an average target price of $1,463.71.

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.