Transdigm Group Incorporated $TDG Shares Purchased by Triple Frond Partners LLC

Triple Frond Partners LLC boosted its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 82.4% in the fourth quarter, Holdings Channel reports. The firm owned 103,894 shares of the aerospace company’s stock after purchasing an additional 46,930 shares during the quarter. Transdigm Group comprises about 14.4% of Triple Frond Partners LLC’s portfolio, making the stock its 2nd biggest holding. Triple Frond Partners LLC’s holdings in Transdigm Group were worth $138,163,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its holdings in Transdigm Group by 1.8% during the third quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock valued at $8,982,225,000 after purchasing an additional 121,049 shares in the last quarter. Capital International Investors boosted its holdings in Transdigm Group by 0.9% during the fourth quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock valued at $8,702,655,000 after purchasing an additional 55,230 shares in the last quarter. Capital World Investors boosted its holdings in Transdigm Group by 0.4% during the fourth quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock valued at $5,258,898,000 after purchasing an additional 15,825 shares in the last quarter. Capital Research Global Investors boosted its holdings in Transdigm Group by 12.2% during 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 in the last quarter. Finally, State Street Corp boosted its holdings in Transdigm Group by 1.9% during the third quarter. State Street Corp now owns 2,388,838 shares of the aerospace company’s stock valued at $3,148,536,000 after purchasing an additional 45,550 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,154,724. This represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the sale, the director directly owned 21,548 shares in the company, valued at $25,444,309.36. This represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 42,096 shares of company stock worth $51,417,454 over the last ninety days. Insiders own 3.20% of the company’s stock.

Analysts Set New Price Targets

TDG has been the topic of a number of recent research reports. Stifel Nicolaus decreased their price objective on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Morgan Stanley lifted their price objective on Transdigm Group from $1,660.00 to $1,680.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Royal Bank Of Canada decreased their price objective 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. Wall Street Zen raised Transdigm Group from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Finally, TD Cowen decreased their price objective on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Transdigm Group currently has an average rating of “Moderate Buy” and an average target price of $1,524.18.

Transdigm Group Trading Down 0.2%

Shares of Transdigm Group stock opened at $1,255.58 on Friday. The stock has a market capitalization of $70.22 billion, a price-to-earnings ratio of 39.19, a P/E/G ratio of 2.20 and a beta of 0.91. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,623.82. The firm’s 50-day moving average price is $1,211.68 and its two-hundred day moving average price is $1,277.80.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping the consensus estimate of $9.46 by $0.39. The firm had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.47 billion. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The company’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, equities research analysts predict that Transdigm Group Incorporated will post 37.82 EPS for the current year.

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.