158,357 Shares in Transdigm Group Incorporated $TDG Purchased by Canada Pension Plan Investment Board

Canada Pension Plan Investment Board bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 158,357 shares of the aerospace company’s stock, valued at approximately $210,938,000.

A number of other institutional investors have also added to or reduced their stakes in the business. IFP Advisors Inc boosted its stake in shares of Transdigm Group by 392.9% during the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock valued at $2,117,000 after purchasing an additional 1,269 shares in the last quarter. DNB Asset Management AS raised its stake in Transdigm Group by 11.6% in the fourth quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company’s stock worth $34,342,000 after buying an additional 2,685 shares in the last quarter. HighTower Advisors LLC raised its stake in Transdigm Group by 8.0% in the fourth quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company’s stock worth $22,914,000 after buying an additional 1,281 shares in the last quarter. Capital Research Global Investors lifted its holdings in Transdigm Group by 12.2% during the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after buying an additional 268,824 shares during the period. Finally, Pier 88 Investment Partners LLC purchased a new stake in Transdigm Group during the fourth quarter worth $3,192,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

TDG has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a report on Wednesday, May 6th. Susquehanna decreased their price objective 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 price objective on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Stifel Nicolaus reiterated a “hold” rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Finally, UBS Group boosted their target price on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Six analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $1,463.71.

Insider Activity

In other news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,459,536. The trade was a 52.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the transaction, the director owned 21,548 shares in the company, valued at approximately $26,204,091.84. This trade represents a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 38,196 shares of company stock worth $48,027,598 over the last ninety days. 3.20% of the stock is currently owned by corporate insiders.

Transdigm Group Trading Up 1.2%

NYSE TDG opened at $1,207.28 on Thursday. The firm’s fifty day simple moving average is $1,263.86 and its two-hundred day simple moving average is $1,243.80. The firm has a market capitalization of $67.52 billion, a P/E ratio of 36.63, a P/E/G ratio of 1.99 and a beta of 0.91. 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 issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, beating the consensus estimate of $10.30 by $0.57. The firm had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The business’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, sell-side analysts predict that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.

Transdigm Group Company 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.