IFM Investors Pty Ltd Invests $5.77 Million in Transdigm Group Incorporated $TDG

IFM Investors Pty Ltd purchased a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,980 shares of the aerospace company’s stock, valued at approximately $5,772,000.

Other institutional investors have also recently bought and sold shares of the company. Franklin Resources Inc. grew its holdings in shares of Transdigm Group by 161.7% during the 3rd quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after purchasing an additional 293,821 shares in the last quarter. IFP Advisors Inc raised its stake in Transdigm Group by 392.9% in the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock valued at $2,117,000 after purchasing an additional 1,269 shares in the last quarter. Capital International Investors raised its stake in Transdigm Group by 4.1% in the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after purchasing an additional 254,750 shares in the last quarter. First Trust Advisors LP lifted its position in Transdigm Group by 29.0% during the third quarter. First Trust Advisors LP now owns 31,065 shares of the aerospace company’s stock worth $40,944,000 after purchasing an additional 6,977 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new stake in Transdigm Group during the third quarter worth about $10,238,000. Institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total transaction of $13,369,680.60. Following the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $28,433,663.40. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 42,096 shares of company stock worth $52,625,524 in the last 90 days. Company insiders own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on TDG shares. BMO Capital Markets raised their target price on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a report on Thursday. Jefferies Financial Group increased their price target on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. BNP Paribas Exane decreased their price objective on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Wells Fargo & Company began coverage on shares of Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price objective for the company. Finally, Susquehanna cut their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat, Transdigm Group has a consensus rating of “Moderate Buy” and an average price target of $1,518.25.

Transdigm Group Trading Up 0.1%

Shares of NYSE TDG opened at $1,349.90 on Friday. The company has a market cap of $75.50 billion, a price-to-earnings ratio of 42.13, a PEG ratio of 2.35 and a beta of 0.90. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82. The stock has a 50-day moving average price of $1,241.25 and a two-hundred day moving average price of $1,275.82.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, beating analysts’ consensus estimates of $9.46 by $0.39. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.47 billion. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The firm’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period last year, the company posted $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, sell-side analysts predict that Transdigm Group Incorporated will post 37.99 earnings per share 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.