Legal & General Group Plc Acquires 13,150 Shares of Transdigm Group Incorporated $TDG

Legal & General Group Plc lifted its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 4.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 313,602 shares of the aerospace company’s stock after acquiring an additional 13,150 shares during the quarter. Legal & General Group Plc’s holdings in Transdigm Group were worth $413,334,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of TDG. Leonard Rickey Investment Advisors P.L.L.C. raised its holdings in Transdigm Group by 4.4% during the 3rd quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 188 shares of the aerospace company’s stock valued at $248,000 after acquiring an additional 8 shares during the period. Gateway Investment Advisers LLC boosted its holdings in shares of Transdigm Group by 0.7% in the third quarter. Gateway Investment Advisers LLC now owns 1,182 shares of the aerospace company’s stock worth $1,558,000 after acquiring an additional 8 shares during the period. Tower Wealth Partners Inc. boosted its holdings in shares of Transdigm Group by 4.5% in the third quarter. Tower Wealth Partners Inc. now owns 187 shares of the aerospace company’s stock worth $246,000 after acquiring an additional 8 shares during the period. Zions Bancorporation National Association UT grew its position in shares of Transdigm Group by 15.5% in the second quarter. Zions Bancorporation National Association UT now owns 67 shares of the aerospace company’s stock valued at $102,000 after purchasing an additional 9 shares in the last quarter. Finally, Foundations Investment Advisors LLC raised its stake in shares of Transdigm Group by 5.1% during the 2nd quarter. Foundations Investment Advisors LLC now owns 186 shares of the aerospace company’s stock valued at $283,000 after purchasing an additional 9 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have commented on TDG shares. UBS Group cut their target price on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. BMO Capital Markets increased their price target on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. raised their price objective on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a research report on Friday, November 14th. Stifel Nicolaus reduced their price objective on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research note on Thursday, November 13th. Finally, Royal Bank Of Canada upped 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. One 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 stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,584.44.

Transdigm Group Trading Down 0.8%

Shares of NYSE TDG opened at $1,267.36 on Wednesday. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The firm has a fifty day simple moving average of $1,350.90 and a two-hundred day simple moving average of $1,325.86. The firm has a market capitalization of $71.57 billion, a PE ratio of 40.78, a price-to-earnings-growth ratio of 2.68 and a beta of 0.93.

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

Insider Activity at Transdigm Group

In other news, Director Kevin M. Stein sold 36,925 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the transaction, the director owned 19,233 shares of the company’s stock, valued at $27,422,219.07. This trade represents a 65.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Michael Lisman acquired 950 shares of Transdigm Group stock in a transaction dated Friday, February 6th. The stock was purchased at an average cost of $1,284.26 per share, with a total value of $1,220,047.00. Following the completion of the purchase, the chief executive officer owned 3,259 shares of the company’s stock, valued at approximately $4,185,403.34. This represents a 41.14% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 116,548 shares of company stock valued at $162,754,991 over the last three months. 3.20% of the stock is owned by insiders.

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.