Transdigm Group Incorporated $TDG Shares Bought by Veritas Asset Management LLP

Veritas Asset Management LLP lifted its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 3.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 137,969 shares of the aerospace company’s stock after acquiring an additional 3,995 shares during the period. Transdigm Group accounts for 3.4% of Veritas Asset Management LLP’s portfolio, making the stock its 13th largest position. Veritas Asset Management LLP’s holdings in Transdigm Group were worth $183,780,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Family Legacy Inc. grew its stake in shares of Transdigm Group by 0.3% during the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after buying an additional 8 shares during the period. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Transdigm Group by 17.0% in the 4th 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 in the last quarter. Fisher Asset Management LLC grew its holdings 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 purchasing an additional 9 shares during the period. Root Financial Partners LLC increased its position in Transdigm Group by 6.2% during the 4th quarter. Root Financial Partners LLC now owns 155 shares of the aerospace company’s stock worth $206,000 after purchasing an additional 9 shares in the last quarter. Finally, Harbour Investments Inc. lifted its position in Transdigm Group by 13.6% during the fourth quarter. Harbour Investments Inc. now owns 75 shares of the aerospace company’s stock valued at $100,000 after buying an additional 9 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on TDG. Jefferies Financial Group boosted their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. BMO Capital Markets lifted 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, July 2nd. Morgan Stanley cut shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Transdigm Group in a report on Friday, August 28th. Finally, UBS Group raised their price objective on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Six analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, Transdigm Group presently has a consensus rating of “Hold” and an average target price of $1,463.71.

Insider Buying and Selling at Transdigm Group

In related news, Director W. Howley sold 10,132 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at $26,639,361.44. This represents a 31.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated 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 sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,459,536. This trade represents a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 38,196 shares of company stock valued at $48,027,598. 3.20% of the stock is owned by insiders.

Transdigm Group Price Performance

TDG traded down $14.56 during trading hours on Tuesday, reaching $1,147.49. 328,179 shares of the stock traded hands, compared to its average volume of 393,549. 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 market cap of $64.18 billion, a price-to-earnings ratio of 34.81, a PEG ratio of 1.93 and a beta of 0.91. The firm’s fifty day simple moving average is $1,235.60 and its two-hundred day simple moving average is $1,235.10.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 EPS 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 firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same quarter in the previous year, the business posted $9.60 EPS. The firm’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, research analysts predict that Transdigm Group Incorporated will post 38.81 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.