Primecap Management Co. CA Acquires New Holdings in Transdigm Group Incorporated $TDG

Primecap Management Co. CA bought a new stake in Transdigm Group Incorporated (NYSE:TDG) during the second quarter, Holdings Channel.com reports. The firm bought 410,217 shares of the aerospace company’s stock, valued at approximately $546,425,000.

Several other institutional investors also recently modified their holdings of TDG. Empowered Funds LLC lifted its stake in shares of Transdigm Group by 5.0% in the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock valued at $1,898,000 after acquiring an additional 65 shares during the last quarter. Acadian Asset Management LLC grew its position in Transdigm Group by 92.3% during the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after acquiring an additional 131 shares during the last quarter. NewEdge Advisors LLC grew its position in Transdigm Group by 152.9% during the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock worth $3,138,000 after acquiring an additional 1,248 shares during the last quarter. Sei Investments Co. raised its position in Transdigm Group by 25.4% in the second quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock valued at $50,227,000 after purchasing an additional 6,697 shares during the last quarter. Finally, Treasurer of the State of North Carolina raised its position in Transdigm Group by 3.6% in the second quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock valued at $39,264,000 after purchasing an additional 902 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Transdigm Group

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

Transdigm Group Price Performance

Shares of TDG stock opened at $1,193.32 on Wednesday. The stock has a market capitalization of $66.74 billion, a PE ratio of 36.21, a PEG ratio of 2.00 and a beta of 0.91. The business’s 50 day simple moving average is $1,266.03 and its 200 day simple moving average is $1,244.20. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,463.03.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping 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 net margin of 19.69% and a negative return on equity of 23.65%. The company’s revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the business earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, research analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Wall Street Analyst Weigh In

TDG has been the topic of several research reports. JPMorgan Chase & Co. boosted their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. Weiss Ratings lowered shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Susquehanna cut their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Finally, Jefferies Financial Group upped their price target on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Six analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, Transdigm Group has a consensus rating of “Hold” and an average target price of $1,463.71.

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.