Transdigm Group Incorporated $TDG Shares Purchased by DNB Asset Management AS

DNB Asset Management AS raised its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 11.6% in the fourth quarter, HoldingsChannel reports. The firm owned 25,824 shares of the aerospace company’s stock after acquiring an additional 2,685 shares during the period. DNB Asset Management AS’s holdings in Transdigm Group were worth $34,342,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TDG. Principal Financial Group Inc. raised its position in shares of Transdigm Group by 18.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after buying an additional 367,756 shares in the last quarter. Vulcan Value Partners LLC raised its position in shares of Transdigm Group by 7.8% during the 3rd quarter. Vulcan Value Partners LLC now owns 249,643 shares of the aerospace company’s stock worth $328,977,000 after buying an additional 18,048 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Transdigm Group by 2.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 73,818 shares of the aerospace company’s stock worth $97,293,000 after buying an additional 1,706 shares in the last quarter. Thornburg Investment Management Inc. bought a new stake in shares of Transdigm Group during the 3rd quarter worth about $62,785,000. Finally, Aster Capital Management DIFC Ltd bought a new stake in shares of Transdigm Group during the 3rd quarter worth about $1,795,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $1,280.46, for a total transaction of $4,993,794.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,609,656. The trade was a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $1,265.06, for a total transaction of $12,817,587.92. Following the sale, the director owned 21,548 shares in the company, valued at $27,259,512.88. This represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 38,232 shares of company stock worth $48,248,925 in the last 90 days. 3.20% of the stock is owned by company insiders.

Transdigm Group Price Performance

NYSE TDG opened at $1,148.68 on Friday. The company’s 50 day simple moving average is $1,203.13 and its 200 day simple moving average is $1,290.09. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,623.82. The company has a market capitalization of $64.25 billion, a P/E ratio of 35.85, a PEG ratio of 2.01 and a beta of 0.90.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $2.47 billion. During the same period in the previous year, the firm earned $9.11 EPS. The business’s revenue for the quarter was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, analysts anticipate that Transdigm Group Incorporated will post 37.82 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Robert W. Baird restated a “neutral” rating and set a $1,400.00 price target on shares of Transdigm Group in a research report on Wednesday, February 4th. TD Cowen dropped their price target on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. BNP Paribas Exane dropped 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 research report on Thursday. Susquehanna dropped their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Finally, BMO Capital Markets dropped their target price on shares of Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating on the stock in a report on Tuesday, March 31st. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,524.18.

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.