Transdigm Group Incorporated $TDG Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 6.0% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,503 shares of the aerospace company’s stock after purchasing an additional 647 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Transdigm Group were worth $17,492,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Transdigm Group by 1,566.7% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 213,775 shares of the aerospace company’s stock worth $325,075,000 after buying an additional 200,949 shares during the period. Nuveen LLC purchased a new stake in shares of Transdigm Group during the first quarter worth $168,048,000. Bain Capital Public Equity Management II LLC purchased a new stake in shares of Transdigm Group during the first quarter worth $157,890,000. Vanguard Group Inc. raised its stake in shares of Transdigm Group by 1.4% in the first quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company’s stock valued at $8,797,619,000 after acquiring an additional 89,121 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its holdings in Transdigm Group by 56.9% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 196,866 shares of the aerospace company’s stock valued at $299,362,000 after purchasing an additional 71,399 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on TDG. Truist Financial cut their price target on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a report on Wednesday, October 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday. BMO Capital Markets increased their target price on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. lifted their price target on Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a report on Friday, November 14th. Finally, UBS Group upped their price objective on Transdigm Group from $1,738.00 to $1,798.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Thirteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,576.29.

Insider Activity at Transdigm Group

In other news, CEO Michael Lisman acquired 1,954 shares of Transdigm Group stock in a transaction that occurred on Friday, November 14th. The stock was purchased at an average price of $1,339.14 per share, for a total transaction of $2,616,679.56. Following the completion of the transaction, the chief executive officer directly owned 1,954 shares in the company, valued at approximately $2,616,679.56. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $1,334.92, for a total value of $3,652,341.12. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at $28,764,856.16. This represents a 11.27% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 26,438 shares of company stock worth $34,578,124 in the last ninety days. Company insiders own 4.09% of the company’s stock.

Transdigm Group Stock Up 1.3%

TDG opened at $1,352.92 on Wednesday. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The business’s 50 day moving average is $1,298.89 and its two-hundred day moving average is $1,401.11. The firm has a market cap of $76.19 billion, a price-to-earnings ratio of 44.90, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last announced its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.33 by $0.49. The business had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period last year, the firm posted $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Equities analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.