OMERS ADMINISTRATION Corp Has $3.42 Million Stock Position in Transdigm Group Incorporated $TDG

OMERS ADMINISTRATION Corp lifted its position in Transdigm Group Incorporated (NYSE:TDG) by 48.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 2,954 shares of the aerospace company’s stock after buying an additional 960 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Transdigm Group were worth $3,424,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in Transdigm Group in the fourth quarter valued at about $1,025,591,000. Capital Research Global Investors lifted its stake in Transdigm Group by 12.2% in 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 buying an additional 268,824 shares in the last quarter. Temasek Holdings Private Ltd bought a new position in Transdigm Group during the 4th quarter worth about $193,544,000. Veritas Asset Management LLP acquired a new stake in shares of Transdigm Group in the 4th quarter valued at about $188,629,000. Finally, PFA Pension Forsikringsaktieselskab bought a new stake in shares of Transdigm Group in the fourth quarter valued at about $89,981,000. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on TDG shares. Wall Street Zen cut Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Deutsche Bank Aktiengesellschaft boosted their target price on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. UBS Group reduced their price target on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price objective on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Finally, TD Cowen cut 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 report on Wednesday, April 8th. Seven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Transdigm Group has a consensus rating of “Hold” and a consensus price target of $1,477.47.

Insider Activity at Transdigm Group

In related news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total transaction of $13,369,680.60. Following the transaction, the director directly owned 21,548 shares in the company, valued at approximately $28,433,663.40. The trade was a 31.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the sale, the chief operating officer directly owned 3,600 shares in the company, valued at $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 28,064 shares of company stock valued at $34,814,142. 3.20% of the stock is currently owned by insiders.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,288.46 on Tuesday. The business has a 50-day moving average of $1,263.69 and a 200-day moving average of $1,268.76. The stock has a market capitalization of $72.06 billion, a price-to-earnings ratio of 40.21, a PEG ratio of 2.18 and a beta of 0.90. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, beating the consensus estimate of $9.46 by $0.39. The firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The business’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, sell-side analysts expect that Transdigm Group Incorporated will post 37.77 EPS for the current year.

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.