Transdigm Group Incorporated $TDG Shares Purchased by Rafferty Asset Management LLC

Rafferty Asset Management LLC increased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 16.8% in the third quarter, HoldingsChannel.com reports. The firm owned 12,857 shares of the aerospace company’s stock after buying an additional 1,854 shares during the period. Rafferty Asset Management LLC’s holdings in Transdigm Group were worth $16,946,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TDG. Salomon & Ludwin LLC purchased a new position in Transdigm Group in the third quarter valued at approximately $26,000. Hantz Financial Services Inc. grew its holdings in shares of Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares during the last quarter. Security National Bank purchased a new stake in shares of Transdigm Group in the 3rd quarter valued at about $53,000. NewSquare Capital LLC boosted its position in shares of Transdigm Group by 48.3% in the 2nd quarter. NewSquare Capital LLC now owns 43 shares of the aerospace company’s stock valued at $65,000 after purchasing an additional 14 shares during the period. Finally, Ameritas Advisory Services LLC grew its stake in Transdigm Group by 38.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 43 shares of the aerospace company’s stock worth $56,000 after buying an additional 12 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $1,290.52, for a total value of $5,033,028.00. Following the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,645,872. The trade was a 52.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Robert J. Small sold 90,953 shares of the company’s stock in a transaction 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 sale, the director directly owned 68,139 shares of the company’s stock, valued at approximately $91,014,625.08. This represents a 57.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 230,017 shares of company stock valued at $314,573,927. 3.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

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

Transdigm Group Stock Performance

Shares of TDG opened at $1,304.54 on Friday. The stock has a 50-day moving average price of $1,352.79 and a 200 day moving average price of $1,331.48. The company has a market capitalization of $73.67 billion, a P/E ratio of 41.97, a P/E/G ratio of 2.73 and a beta of 0.92. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82.

Transdigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, topping analysts’ consensus estimates of $7.99 by $0.24. The firm had revenue of $2.29 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $7.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, equities research analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

About Transdigm Group

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.