DNB Asset Management AS Has $30.50 Million Stake in Transdigm Group Incorporated $TDG

DNB Asset Management AS boosted its holdings in Transdigm Group Incorporated (NYSE:TDG) by 3.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,139 shares of the aerospace company’s stock after buying an additional 810 shares during the period. DNB Asset Management AS’s holdings in Transdigm Group were worth $30,498,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Norges Bank bought a new stake in shares of Transdigm Group during the 2nd quarter valued at $1,275,035,000. Principal Financial Group Inc. grew its stake in shares of Transdigm Group by 18.3% during the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after purchasing an additional 367,756 shares during the period. Vanguard Group Inc. increased its holdings in Transdigm Group by 5.3% in the second quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock valued at $10,178,995,000 after purchasing an additional 333,965 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Transdigm Group by 1,566.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 213,775 shares of the aerospace company’s stock valued at $325,075,000 after buying an additional 200,949 shares during the period. Finally, Corient Private Wealth LLC boosted its holdings in Transdigm Group by 94.6% during the second quarter. Corient Private Wealth LLC now owns 136,898 shares of the aerospace company’s stock worth $208,284,000 after buying an additional 66,559 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, COO Patrick Joseph Murphy sold 290 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $1,430.10, for a total transaction of $414,729.00. Following the completion of the transaction, the chief operating officer directly owned 1,055 shares of the company’s stock, valued at $1,508,755.50. This represents a 21.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kevin M. Stein sold 11,075 shares of Transdigm Group stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $1,434.49, for a total value of $15,886,976.75. Following the completion of the sale, the director directly owned 8,158 shares in the company, valued at approximately $11,702,569.42. This represents a 57.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 230,017 shares of company stock valued at $314,573,927. Corporate insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on TDG shares. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. BNP Paribas Exane started coverage on shares of Transdigm Group in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 target price for the company. Royal Bank Of Canada increased their target price on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. UBS Group decreased their price target on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. Finally, Morgan Stanley upped their price objective on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,584.44.

Transdigm Group Stock Down 0.7%

Transdigm Group stock opened at $1,304.54 on Friday. The company has a 50 day moving average of $1,352.79 and a 200-day moving average of $1,332.03. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The stock has a market capitalization of $73.67 billion, a PE ratio of 41.97, a price-to-earnings-growth ratio of 2.75 and a beta of 0.92.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, beating the consensus estimate of $7.99 by $0.24. The business had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.26 billion. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The firm’s revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $7.83 EPS. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Equities analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS 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.