Rockefeller Capital Management L.P. Purchases 585 Shares of Transdigm Group Incorporated $TDG

Rockefeller Capital Management L.P. lifted its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 12.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,308 shares of the aerospace company’s stock after purchasing an additional 585 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Transdigm Group were worth $7,059,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of TDG. Norges Bank bought a new stake in shares of Transdigm Group in the 4th quarter worth approximately $1,025,591,000. Franklin Resources Inc. grew its holdings in shares of Transdigm Group by 161.7% during the 3rd quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock valued at $626,704,000 after purchasing an additional 293,821 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Transdigm Group by 12.2% during the 4th 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 during the last quarter. Capital International Investors raised its position in Transdigm Group by 4.1% in the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after purchasing an additional 254,750 shares during the period. Finally, Temasek Holdings Private Ltd bought a new stake in Transdigm Group in the fourth quarter worth $193,544,000. 95.78% of the stock is currently owned by institutional investors.

Insider Activity

In related news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the transaction, the director owned 21,548 shares in the company, valued at approximately $28,433,663.40. This represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 42,096 shares of company stock worth $52,625,524 over the last three months. 3.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TDG. Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Sunday, June 14th. Jefferies Financial Group lifted their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Susquehanna lowered their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. BNP Paribas Exane dropped their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Finally, JPMorgan Chase & Co. raised their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Transdigm Group currently has an average rating of “Moderate Buy” and a consensus target price of $1,513.56.

Transdigm Group Stock Up 0.7%

Shares of TDG opened at $1,331.42 on Friday. The stock has a market capitalization of $74.47 billion, a P/E ratio of 41.56, a PEG ratio of 2.30 and a beta of 0.91. The firm has a fifty day simple moving average of $1,230.34 and a two-hundred day simple moving average of $1,274.92. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same quarter last year, the firm earned $9.11 EPS. The company’s revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Sell-side analysts expect that Transdigm Group Incorporated will post 37.99 EPS 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.