The Manufacturers Life Insurance Company Has $522.75 Million Stock Holdings in Transdigm Group Incorporated $TDG

The Manufacturers Life Insurance Company lifted its position in Transdigm Group Incorporated (NYSE:TDG) by 106.4% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 392,447 shares of the aerospace company’s stock after purchasing an additional 202,300 shares during the quarter. The Manufacturers Life Insurance Company owned 0.70% of Transdigm Group worth $522,754,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Elyxium Wealth LLC bought a new position in Transdigm Group during the 4th quarter valued at about $25,000. Burkett Financial Services LLC bought a new stake in Transdigm Group during the second quarter worth about $25,000. MCF Advisors LLC increased its holdings in shares of Transdigm Group by 900.0% during the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after buying an additional 18 shares in the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of Transdigm Group by 1,900.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after buying an additional 19 shares in the last quarter. Finally, Colonial Trust Co SC raised its stake in shares of Transdigm Group by 162.5% in the fourth quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 13 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity

In related news, Director W. Howley sold 10,132 shares of Transdigm Group stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at $26,204,091.84. This trade 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 can be accessed through the SEC website. Also, 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 value of $4,831,164.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,459,536. This represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 38,196 shares of company stock worth $48,027,598. 3.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on TDG shares. JPMorgan Chase & Co. increased their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. BMO Capital Markets lifted their price objective on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Transdigm Group in a research note on Friday, August 28th. Morgan Stanley cut Transdigm Group from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Finally, UBS Group raised their target price on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Transdigm Group has a consensus rating of “Hold” and a consensus target price of $1,463.71.

Transdigm Group Price Performance

TDG stock opened at $1,125.41 on Friday. The company has a 50 day moving average price of $1,227.47 and a 200 day moving average price of $1,232.16. Transdigm Group Incorporated has a fifty-two week low of $1,119.62 and a fifty-two week high of $1,463.03. The stock has a market capitalization of $62.94 billion, a PE ratio of 34.14, a price-to-earnings-growth ratio of 1.87 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. The firm had revenue of $2.74 billion for 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 quarterly revenue was up 22.5% compared to the same quarter last year. During the same period last year, the company earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, equities analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.

Transdigm Group Profile

TransDigm Group Incorporated (NYSE: TDG) designs, produces and supplies aircraft components, systems and related aftermarket services. The company focuses primarily on proprietary aerospace products, including mechanical and electromechanical actuators, ignition systems, pumps, valves, sensors, cockpit and data-acquisition systems, power-conditioning equipment, lighting, lavatory components, seat belts and cargo-loading systems.

TransDigm serves commercial and regional airlines, business and general aviation operators, aircraft manufacturers and military customers.