3,074 Shares in Transdigm Group Incorporated $TDG Bought by Commerce Bank

Commerce Bank purchased a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 3,074 shares of the aerospace company’s stock, valued at approximately $4,095,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Capital International Investors lifted its position in shares of Transdigm Group by 0.9% during the 4th quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock worth $8,702,655,000 after purchasing an additional 55,230 shares during the last quarter. BlackRock Inc. acquired a new stake in Transdigm Group in the 2nd quarter valued at approximately $6,489,039,000. Capital World Investors grew its holdings in Transdigm Group by 0.4% in the 4th quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock valued at $5,258,898,000 after buying an additional 15,825 shares during the last quarter. Capital Research Global Investors increased its position 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 worth $3,293,527,000 after buying an additional 268,824 shares during the period. Finally, State Street Corp increased its position in Transdigm Group by 2.8% in the 4th quarter. State Street Corp now owns 2,456,186 shares of the aerospace company’s stock worth $3,266,359,000 after buying an additional 67,348 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TDG has been the subject of several research reports. Morgan Stanley cut Transdigm Group from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. BNP Paribas Exane reduced their price target on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Royal Bank Of Canada decreased their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. Stifel Nicolaus restated a “hold” rating and set a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Finally, Jefferies Financial Group upped their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Transdigm Group has a consensus rating of “Hold” and a consensus price target of $1,463.71.

Transdigm Group Price Performance

Shares of NYSE:TDG opened at $1,198.78 on Tuesday. The business’s fifty day moving average price is $1,268.22 and its two-hundred day moving average price is $1,244.70. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,463.03. The stock has a market capitalization of $67.05 billion, a price-to-earnings ratio of 36.37, a price-to-earnings-growth ratio of 2.00 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.68 billion. During the same period last year, the business earned $9.60 earnings per share. The business’s revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Research analysts expect that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Insider Transactions at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the completion of the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,459,536. This trade represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $26,639,361.44. This represents a 31.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 38,196 shares of company stock valued at $48,027,598 in the last quarter. 3.20% of the stock is currently owned by corporate insiders.

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.