Deutsche Bank AG Acquires Shares of 174,808 Transdigm Group Incorporated $TDG

Deutsche Bank AG acquired a new stake in Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 174,808 shares of the aerospace company’s stock, valued at approximately $232,851,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in TDG. Norges Bank purchased a new position in shares of Transdigm Group during the fourth quarter worth $1,025,591,000. Bank of New York Mellon Corp acquired a new position in Transdigm Group during the second quarter valued at $424,587,000. Capital Research Global Investors boosted its holdings in Transdigm Group by 12.2% in the fourth 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. The Manufacturers Life Insurance Company boosted its holdings in Transdigm Group by 413.7% in the first quarter. The Manufacturers Life Insurance Company now owns 190,147 shares of the aerospace company’s stock valued at $220,373,000 after purchasing an additional 153,131 shares during the last quarter. Finally, Temasek Holdings Private Ltd acquired a new stake in Transdigm Group during the 4th quarter worth about $193,544,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity

In related news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,459,536. This represents a 52.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the transaction, the director owned 21,548 shares in the company, valued at $26,204,091.84. This represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 28,064 shares of company stock valued at $35,501,609. 3.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TDG has been the subject of a number of recent research reports. UBS Group lifted their price objective on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. BMO Capital Markets upped their target price on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Royal Bank Of Canada dropped their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Weiss Ratings cut Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on 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 issued a Hold rating to the company. According to data from MarketBeat, Transdigm Group currently has a consensus rating of “Hold” and a consensus price target of $1,463.71.

Transdigm Group Stock Performance

TDG opened at $1,236.76 on Wednesday. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,463.03. The company has a fifty day moving average of $1,272.09 and a two-hundred day moving average of $1,250.15. The stock has a market capitalization of $69.17 billion, a price-to-earnings ratio of 37.52, a PEG ratio of 2.10 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping 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 business had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter in the prior year, the firm posted $9.60 earnings per share. The company’s revenue was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, equities research analysts forecast that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

About Transdigm Group

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.