Sumitomo Mitsui Trust Group Inc. Raises Holdings in Transdigm Group Incorporated $TDG

Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 2.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 201,736 shares of the aerospace company’s stock after acquiring an additional 4,870 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.36% of Transdigm Group worth $265,892,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Norges Bank acquired a new position in Transdigm Group during the 2nd quarter valued at approximately $1,275,035,000. Vanguard Group Inc. grew its holdings in shares of Transdigm Group by 5.3% during the second quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock valued at $10,178,995,000 after buying an additional 333,965 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Transdigm Group by 1,566.7% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 213,775 shares of the aerospace company’s stock valued at $325,075,000 after acquiring an additional 200,949 shares during the period. Corient Private Wealth LLC raised its stake in Transdigm Group by 94.6% in the 2nd quarter. Corient Private Wealth LLC now owns 136,898 shares of the aerospace company’s stock worth $208,284,000 after acquiring an additional 66,559 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in Transdigm Group during the 2nd quarter worth about $94,085,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Transdigm Group

In other news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $1,340.00, for a total transaction of $5,226,000.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,824,000. This represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kevin M. Stein sold 25,000 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $1,373.59, for a total transaction of $34,339,750.00. Following the completion of the sale, the director owned 8,158 shares of the company’s stock, valued at $11,205,747.22. This trade represents a 75.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 189,974 shares of company stock worth $256,190,840. Corporate insiders own 4.09% of the company’s stock.

Transdigm Group Trading Down 0.5%

Shares of Transdigm Group stock opened at $1,385.41 on Tuesday. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The firm has a market capitalization of $78.03 billion, a PE ratio of 43.19, a P/E/G ratio of 3.05 and a beta of 0.94. The firm’s 50-day moving average price is $1,326.13 and its 200 day moving average price is $1,373.13.

Transdigm Group (NYSE:TDG) last announced its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. The business had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.40 billion. Transdigm Group had a negative return on equity of 31.91% and a net margin of 21.69%.The business’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, sell-side analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently issued reports on TDG. Jefferies Financial Group reduced their price objective on Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a research note on Wednesday, September 17th. UBS Group increased their price target on shares of Transdigm Group from $1,738.00 to $1,798.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Stifel Nicolaus reduced their price target on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. Royal Bank Of Canada upped their price objective on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. Finally, Truist Financial cut their price objective on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research note on Wednesday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Transdigm Group currently has an average rating of “Moderate Buy” and an average target price of $1,596.60.

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.