392,447 Shares in Transdigm Group Incorporated $TDG Purchased by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company purchased a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 392,447 shares of the aerospace company’s stock, valued at approximately $522,754,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in shares of Transdigm Group in the second quarter valued at approximately $6,489,039,000. Norges Bank acquired a new position in shares of Transdigm Group during the 4th quarter worth approximately $1,025,591,000. Stockbridge Partners LLC bought a new stake in Transdigm Group in the 2nd quarter valued at $578,480,000. Bank of New York Mellon Corp bought a new stake in Transdigm Group in the 2nd quarter valued at $424,587,000. Finally, Capital Research Global Investors lifted its holdings in Transdigm Group by 12.2% during the 4th 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 last quarter. Institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

TDG has been the subject of a number of research analyst reports. Morgan Stanley cut shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Royal Bank Of Canada cut their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 6th. Susquehanna reduced their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft upped their price target on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. Finally, UBS Group increased their price target on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $1,463.71.

Transdigm Group Price Performance

TDG stock opened at $1,198.78 on Tuesday. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,463.03. The stock has a market capitalization of $67.05 billion, a price-to-earnings ratio of 36.37, a PEG ratio of 2.00 and a beta of 0.91. The business’s fifty day moving average price is $1,268.22 and its two-hundred day moving average price is $1,244.70.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating 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 company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.68 billion. During the same quarter in the previous year, the business posted $9.60 earnings per share. Transdigm Group’s quarterly revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Research analysts expect that Transdigm Group Incorporated will post 38.81 EPS for the current year.

Insider Transactions at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the 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 transaction of $4,831,164.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,459,536. This represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the transaction, the director directly owned 21,548 shares in the company, valued at $26,639,361.44. This represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 38,196 shares of company stock valued at $48,027,598 in the last three months. Insiders own 3.20% of the company’s stock.

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.