Swiss National Bank Increases Holdings in Transdigm Group Incorporated $TDG

Swiss National Bank increased its position in Transdigm Group Incorporated (NYSE:TDG) by 7.4% during the first quarter, HoldingsChannel.com reports. The fund owned 165,280 shares of the aerospace company’s stock after acquiring an additional 11,370 shares during the quarter. Swiss National Bank’s holdings in Transdigm Group were worth $191,553,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Central Pacific Bank Trust Division raised its holdings in Transdigm Group by 44.4% during the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 8 shares during the last quarter. Family Legacy Inc. grew its holdings in Transdigm Group by 0.3% in the fourth quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after purchasing an additional 8 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Transdigm Group by 17.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after purchasing an additional 8 shares during the last quarter. Patton Fund Management Inc. increased its position in shares of Transdigm Group by 5.7% in the fourth quarter. Patton Fund Management Inc. now owns 167 shares of the aerospace company’s stock valued at $222,000 after buying an additional 9 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in shares of Transdigm Group by 3.1% during the 4th quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock worth $398,000 after buying an additional 9 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,596,408. This trade represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at $25,444,309.36. This represents a 31.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 28,064 shares of company stock valued at $34,814,142 in the last ninety days. 3.20% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently commented on TDG. BMO Capital Markets boosted their price objective on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Jefferies Financial Group raised their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Wells Fargo & Company initiated 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 target price for the company. BNP Paribas Exane reduced their price target on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Finally, Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday. Seven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $1,477.47.

Transdigm Group Trading Up 0.0%

Shares of NYSE:TDG opened at $1,214.45 on Monday. The firm has a market cap of $67.92 billion, a price-to-earnings ratio of 37.90, a PEG ratio of 2.13 and a beta of 0.90. The stock’s 50-day moving average price is $1,258.81 and its two-hundred day moving average price is $1,273.96. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping the consensus estimate of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same period in the prior year, the firm posted $9.11 EPS. The company’s revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, research analysts forecast that Transdigm Group Incorporated will post 37.96 earnings per share for the current fiscal 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.