Public Employees Retirement System of Ohio Has $27.77 Million Holdings in Transdigm Group Incorporated $TDG

Public Employees Retirement System of Ohio cut its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 5.1% in the second quarter, Holdings Channel reports. The firm owned 20,844 shares of the aerospace company’s stock after selling 1,128 shares during the period. Public Employees Retirement System of Ohio’s holdings in Transdigm Group were worth $27,765,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Empowered Funds LLC increased its holdings in Transdigm Group by 5.0% in the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after buying an additional 65 shares during the last quarter. Acadian Asset Management LLC boosted its holdings in Transdigm Group by 92.3% in the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after purchasing an additional 131 shares in the last quarter. NewEdge Advisors LLC raised its holdings in Transdigm Group by 152.9% during the second quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock valued at $3,138,000 after buying an additional 1,248 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Transdigm Group by 25.4% during the 2nd quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock worth $50,227,000 after acquiring an additional 6,697 shares in the last quarter. Finally, Treasurer of the State of North Carolina boosted its stake in shares of Transdigm Group by 3.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock worth $39,264,000 after acquiring an additional 902 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on TDG. Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Jefferies Financial Group lifted their target price on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft lifted their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Morgan Stanley lowered shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Finally, Royal Bank Of Canada dropped their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 6th. 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 currently has an average rating of “Hold” and an average target price of $1,463.71.

Transdigm Group Stock Performance

Shares of TDG opened at $1,184.14 on Friday. The stock has a fifty day moving average price of $1,257.95 and a two-hundred day moving average price of $1,242.67. Transdigm Group Incorporated has a 52-week low of $1,123.61 and a 52-week high of $1,463.03. The company has a market cap of $66.23 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 1.98 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, research analysts predict that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Insider Transactions at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction that occurred on 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 directly owned 21,548 shares in the company, valued at approximately $26,204,091.84. This represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,459,536. This represents a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 38,196 shares of company stock valued at $48,027,598. Insiders own 3.20% of the company’s stock.

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.