Police & Firemen s Retirement System of New Jersey Has $12.76 Million Position in Transdigm Group Incorporated $TDG

Police & Firemen s Retirement System of New Jersey lifted its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 6.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,390 shares of the aerospace company’s stock after purchasing an additional 472 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in Transdigm Group were worth $12,758,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in TDG. Vanguard Group Inc. boosted its holdings in Transdigm Group by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company’s stock worth $8,797,619,000 after acquiring an additional 89,121 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Transdigm Group by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 1,214,396 shares of the aerospace company’s stock worth $1,837,459,000 after acquiring an additional 17,946 shares during the period. Charles Schwab Investment Management Inc. increased its stake in shares of Transdigm Group by 4.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 364,956 shares of the aerospace company’s stock worth $504,840,000 after purchasing an additional 14,703 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Transdigm Group by 3.8% in the first 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 purchasing an additional 12,842 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Transdigm Group by 32.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 273,924 shares of the aerospace company’s stock valued at $378,917,000 after buying an additional 67,547 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Transdigm Group news, Director Robert J. Small sold 5,000 shares of the company’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $1,276.98, for a total value of $6,384,900.00. Following the completion of the sale, the director directly owned 83,419 shares in the company, valued at approximately $106,524,394.62. This represents a 5.65% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $1,279.59, for a total transaction of $3,838,770.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,606,524. This represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 22,802 shares of company stock valued at $29,917,993. Insiders own 4.09% of the company’s stock.

Transdigm Group Price Performance

Shares of Transdigm Group stock opened at $1,324.29 on Friday. The stock has a market capitalization of $74.62 billion, a PE ratio of 43.95, a P/E/G ratio of 3.25 and a beta of 1.02. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The company’s fifty day simple moving average is $1,295.86 and its 200-day simple moving average is $1,402.99.

Transdigm Group (NYSE:TDG) last issued its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.33 by $0.49. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The firm had revenue of $2.44 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same period in the previous year, the firm posted $9.83 earnings per share. The business’s revenue was up 11.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

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

Wall Street Analysts Forecast Growth

TDG has been the topic of several research reports. JPMorgan Chase & Co. raised their price objective on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Susquehanna dropped their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research report on Thursday, October 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Transdigm Group in a research report on Wednesday, October 8th. Morgan Stanley reduced their target price on Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating on the stock in a report on Wednesday, October 15th. Finally, KeyCorp decreased their price target on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Twelve equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Transdigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,564.19.

Transdigm Group Company Profile

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.