Danske Bank A S Buys Shares of 48,972 Transdigm Group Incorporated $TDG

Danske Bank A S bought a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 48,972 shares of the aerospace company’s stock, valued at approximately $65,233,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Empowered Funds LLC raised its stake in Transdigm Group by 5.0% during the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock valued at $1,898,000 after buying an additional 65 shares during the last quarter. Acadian Asset Management LLC grew its stake in shares of Transdigm Group by 92.3% in the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after acquiring an additional 131 shares during the last quarter. NewEdge Advisors LLC increased its holdings in shares of Transdigm Group by 152.9% during the second quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock valued at $3,138,000 after acquiring an additional 1,248 shares in the last quarter. Sei Investments Co. increased its holdings in shares of Transdigm Group by 25.4% during the second quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock valued at $50,227,000 after acquiring an additional 6,697 shares in the last quarter. Finally, Treasurer of the State of North Carolina raised its position in shares of Transdigm Group by 3.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock worth $39,264,000 after purchasing an additional 902 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TDG. Morgan Stanley cut shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. BMO Capital Markets raised their price objective on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. JPMorgan Chase & Co. lifted their target price on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. 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. Finally, Deutsche Bank Aktiengesellschaft increased 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 report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $1,463.71.

Transdigm Group Price Performance

Shares of NYSE:TDG opened at $1,236.76 on Wednesday. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,463.03. The company has a market cap of $69.17 billion, a P/E ratio of 37.52, a PEG ratio of 2.10 and a beta of 0.91. The stock’s fifty day moving average price is $1,272.09 and its 200-day moving average price is $1,250.15.

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

Insider Transactions at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the sale, the director owned 21,548 shares of the company’s stock, valued at $26,204,091.84. This trade represents a 31.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred 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 $4,459,536. This represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 28,064 shares of company stock worth $35,501,609. 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.