Daiichi Life Insurance Co. Ltd. Buys New Holdings in Transdigm Group Incorporated $TDG

Daiichi Life Insurance Co. Ltd. bought a new position in Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,497 shares of the aerospace company’s stock, valued at approximately $1,994,000.

Other institutional investors have also recently bought and sold shares of the company. Empowered Funds LLC raised its stake in shares of Transdigm Group by 5.0% in the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock valued at $1,898,000 after buying an additional 65 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Transdigm Group by 92.3% during the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock valued at $376,000 after acquiring an additional 131 shares in the last quarter. NewEdge Advisors LLC boosted its position in shares of Transdigm Group by 152.9% during the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock valued at $3,138,000 after acquiring an additional 1,248 shares in the last quarter. Sei Investments Co. increased its stake in Transdigm Group by 25.4% in the second quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock valued at $50,227,000 after acquiring an additional 6,697 shares during the period. Finally, Treasurer of the State of North Carolina increased its stake in Transdigm Group by 3.6% in the second quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock valued at $39,264,000 after acquiring an additional 902 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Stock Up 0.4%

NYSE:TDG opened at $1,204.92 on Monday. The firm has a market cap of $67.39 billion, a PE ratio of 36.56, a price-to-earnings-growth ratio of 2.00 and a beta of 0.91. Transdigm Group Incorporated has a 12 month low of $1,123.61 and a 12 month high of $1,463.03. The company’s 50-day moving average price is $1,269.76 and its two-hundred day moving average price is $1,245.39.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company’s revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the business posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, research analysts expect that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have commented on TDG. Deutsche Bank Aktiengesellschaft raised their price target on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. BMO Capital Markets increased their target price on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. boosted their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Finally, Susquehanna lowered their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Six analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Transdigm Group presently has an average rating of “Hold” and a consensus price target of $1,463.71.

Insiders Place Their Bets

In related news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was 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 directly owned 21,548 shares of the company’s stock, valued at $26,639,361.44. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,459,536. The trade was a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 38,196 shares of company stock valued at $48,027,598 over the last ninety days. Insiders own 3.20% of the company’s stock.

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.