Thornburg Investment Management Inc. Purchases New Stake in Transdigm Group Incorporated $TDG

Thornburg Investment Management Inc. purchased a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 47,636 shares of the aerospace company’s stock, valued at approximately $62,785,000. Transdigm Group makes up approximately 0.8% of Thornburg Investment Management Inc.’s holdings, making the stock its 28th largest holding. Thornburg Investment Management Inc. owned about 0.08% of Transdigm Group at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in TDG. Sumitomo Mitsui Trust Group Inc. raised its position in Transdigm Group by 2.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 201,736 shares of the aerospace company’s stock valued at $265,892,000 after purchasing an additional 4,870 shares during the period. Citizens Financial Group Inc. RI boosted its position in shares of Transdigm Group by 272.4% in the third quarter. Citizens Financial Group Inc. RI now owns 3,009 shares of the aerospace company’s stock worth $3,965,000 after buying an additional 2,201 shares during the period. Principal Financial Group Inc. grew its stake in shares of Transdigm Group by 18.3% in the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after buying an additional 367,756 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Transdigm Group during the 2nd quarter valued at about $3,041,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in Transdigm Group by 311.7% during the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,124 shares of the aerospace company’s stock worth $1,517,000 after acquiring an additional 851 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Price Performance

TDG opened at $1,294.49 on Thursday. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82. The stock has a market capitalization of $73.10 billion, a PE ratio of 41.65, a P/E/G ratio of 2.71 and a beta of 0.92. The firm’s fifty day moving average price is $1,351.20 and its 200 day moving average price is $1,332.91.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, topping the consensus estimate of $7.99 by $0.24. The company had revenue of $2.29 billion during the quarter, compared to analyst estimates 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 for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the business earned $7.83 EPS. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. On average, equities research analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $5,147,712. This trade represents a 52.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert J. Small sold 90,953 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the completion of the sale, the director owned 68,139 shares of the company’s stock, valued at $91,014,625.08. This trade represents a 57.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 224,441 shares of company stock worth $307,525,909. Corporate insiders own 3.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TDG shares. Robert W. Baird restated a “neutral” rating and issued a $1,400.00 price target on shares of Transdigm Group in a report on Wednesday, February 4th. BMO Capital Markets boosted their target price on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. Zacks Research raised shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, UBS Group cut their price objective on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. One equities 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. According to MarketBeat.com, Transdigm Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,584.44.

Transdigm Group Company 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.