Transdigm Group Incorporated $TDG Shares Bought by Community Financial Services Group LLC

Community Financial Services Group LLC raised its holdings in Transdigm Group Incorporated (NYSE:TDG) by 1,467.6% during the 2nd quarter, Holdings Channel reports. The firm owned 2,226 shares of the aerospace company’s stock after purchasing an additional 2,084 shares during the quarter. Community Financial Services Group LLC’s holdings in Transdigm Group were worth $2,914,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Norges Bank purchased a new position in shares of Transdigm Group during the 4th quarter worth approximately $1,025,591,000. Capital Research Global Investors lifted its stake in Transdigm Group by 12.2% in 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 buying an additional 268,824 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Transdigm Group by 413.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 190,147 shares of the aerospace company’s stock valued at $220,373,000 after buying an additional 153,131 shares in the last quarter. Temasek Holdings Private Ltd acquired a new stake in Transdigm Group during the 4th quarter valued at $193,544,000. Finally, Veritas Asset Management LLP acquired a new stake in Transdigm Group during the 4th quarter valued at $188,629,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,596,408. This represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 completion of the transaction, the director owned 21,548 shares of the company’s stock, valued at approximately $25,444,309.36. This trade represents a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 38,196 shares of company stock valued at $47,135,464. 3.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TDG. BMO Capital Markets boosted their price target 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. Susquehanna decreased their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Stifel Nicolaus restated a “hold” rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft upped their price target on 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. Finally, JPMorgan Chase & Co. increased their price objective on shares of 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. Six investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $1,463.71.

Transdigm Group Trading Down 0.1%

Shares of NYSE:TDG opened at $1,224.01 on Tuesday. The firm has a market cap of $68.46 billion, a PE ratio of 37.14, a price-to-earnings-growth ratio of 2.10 and a beta of 0.91. The company has a fifty day simple moving average of $1,270.82 and a 200 day simple moving average of $1,258.01. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,463.03.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The firm had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. During the same quarter in the prior year, the firm posted $9.60 earnings per share. Transdigm Group’s revenue for the quarter was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, equities research analysts forecast that Transdigm Group Incorporated will post 37.77 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.