Primecap Management Co. CA Buys 45,079 Shares of Transdigm Group Incorporated $TDG

Primecap Management Co. CA raised its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 8.8% in the second quarter, Holdings Channel reports. The fund owned 557,923 shares of the aerospace company’s stock after acquiring an additional 45,079 shares during the period. Primecap Management Co. CA’s holdings in Transdigm Group were worth $848,400,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in TDG. Saudi Central Bank bought a new position in Transdigm Group during the 1st quarter valued at about $30,000. Bank of Jackson Hole Trust increased its holdings in shares of Transdigm Group by 84.6% during the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock worth $36,000 after buying an additional 11 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in shares of Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after buying an additional 25 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in shares of Transdigm Group in the second quarter valued at approximately $47,000. Finally, NewSquare Capital LLC boosted its holdings in shares of Transdigm Group by 48.3% in the 2nd quarter. NewSquare Capital LLC now owns 43 shares of the aerospace company’s stock worth $65,000 after acquiring an additional 14 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Performance

Shares of NYSE:TDG opened at $1,352.92 on Wednesday. The company has a 50 day moving average price of $1,298.89 and a two-hundred day moving average price of $1,401.11. The company has a market capitalization of $76.19 billion, a PE ratio of 44.90, a PEG ratio of 3.25 and a beta of 1.02. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82.

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

Insider Buying and Selling

In other Transdigm Group news, CEO Michael Lisman bought 1,954 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was acquired at an average cost of $1,339.14 per share, with a total value of $2,616,679.56. Following the purchase, the chief executive officer owned 1,954 shares in the company, valued at $2,616,679.56. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $1,334.92, for a total transaction of $3,652,341.12. Following the completion of the transaction, the director directly owned 21,548 shares in the company, valued at approximately $28,764,856.16. The trade was a 11.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 26,438 shares of company stock valued at $34,578,124. 4.09% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on TDG shares. BNP Paribas Exane started coverage on Transdigm Group in a report on Tuesday. They set an “outperform” rating and a $1,775.00 price target for the company. Stifel Nicolaus cut their price target on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a report on Thursday, November 13th. UBS Group upped their price objective on Transdigm Group from $1,738.00 to $1,798.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday. Finally, BMO Capital Markets lifted their price objective on Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. Thirteen analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,576.29.

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.