Geode Capital Management LLC Grows Stake in Transdigm Group Incorporated $TDG

Geode Capital Management LLC boosted its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 1.5% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,214,396 shares of the aerospace company’s stock after buying an additional 17,946 shares during the period. Geode Capital Management LLC’s holdings in Transdigm Group were worth $1,837,459,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. grew its holdings in shares of Transdigm Group by 1.4% during the first quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company’s stock worth $8,797,619,000 after purchasing an additional 89,121 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Transdigm Group by 4.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 364,956 shares of the aerospace company’s stock worth $504,840,000 after buying an additional 14,703 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Transdigm Group by 3.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 354,613 shares of the aerospace company’s stock valued at $490,533,000 after buying an additional 12,842 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Transdigm Group by 32.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 273,924 shares of the aerospace company’s stock worth $378,917,000 after acquiring an additional 67,547 shares during the last quarter. Finally, Vulcan Value Partners LLC lifted its holdings in shares of Transdigm Group by 5.6% during the 1st quarter. Vulcan Value Partners LLC now owns 249,026 shares of the aerospace company’s stock worth $344,543,000 after acquiring an additional 13,286 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

TDG has been the subject of a number of recent research reports. KeyCorp lowered their price objective on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a report on Friday, August 8th. Morgan Stanley lowered their price objective on Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating for the company in a research report on Wednesday, October 15th. Susquehanna cut their target price on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a report on Thursday, October 9th. JPMorgan Chase & Co. upped their price target on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Finally, Zacks Research cut shares of Transdigm Group from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Twelve investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,564.56.

Insider Activity

In other news, Director Kevin M. Stein sold 700 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $1,360.00, for a total value of $952,000.00. Following the sale, the director directly owned 8,158 shares of the company’s stock, valued at $11,094,880. The trade was a 7.90% 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 2,736 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $1,298.87, for a total value of $3,553,708.32. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $27,988,050.76. This trade represents a 11.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 22,802 shares of company stock valued at $29,917,993. 4.09% of the stock is currently owned by insiders.

Transdigm Group Price Performance

TDG stock opened at $1,307.98 on Thursday. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The firm has a 50-day moving average of $1,295.01 and a 200 day moving average of $1,403.54. The company has a market cap of $73.70 billion, a P/E ratio of 43.41, a PEG ratio of 3.25 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating the consensus estimate of $10.33 by $0.49. The business had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The company’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the firm posted $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, equities research analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The firm also recently announced a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were paid a dividend of $90.00 per share. This is a positive change from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

About Transdigm Group

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.