Transdigm Group Incorporated $TDG Shares Acquired by Swedbank AB

Swedbank AB lifted its stake in shares of Transdigm Group Incorporated (NYSE:TDGFree Report) by 532.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,604 shares of the aerospace company’s stock after acquiring an additional 22,398 shares during the quarter. Swedbank AB’s holdings in Transdigm Group were worth $30,833,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of TDG. Central Pacific Bank Trust Division grew its stake in Transdigm Group by 44.4% during the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 8 shares in the last quarter. Family Legacy Inc. increased its holdings in Transdigm Group by 0.3% during the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock worth $3,184,000 after purchasing an additional 8 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its position in Transdigm Group by 17.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after purchasing an additional 8 shares in the last quarter. Patton Fund Management Inc. boosted its stake in shares of Transdigm Group by 5.7% in the 4th quarter. Patton Fund Management Inc. now owns 167 shares of the aerospace company’s stock valued at $222,000 after buying an additional 9 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of Transdigm Group by 3.1% in the 4th quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock valued at $398,000 after buying an additional 9 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,596,408. The trade was a 52.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $1,265.06, for a total value of $12,817,587.92. Following the completion of the sale, the director directly owned 21,548 shares of the company’s stock, valued at approximately $27,259,512.88. This trade represents a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 42,096 shares of company stock worth $52,625,524. Corporate insiders own 3.20% of the company’s stock.

Wall Street Analysts Forecast Growth

TDG has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a research note on Sunday, June 14th. Royal Bank Of Canada lowered their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a report on Wednesday, May 6th. TD Cowen reduced their price objective on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Morgan Stanley boosted their target price on shares of Transdigm Group from $1,660.00 to $1,680.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company began coverage on Transdigm Group in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 target price on the stock. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Transdigm Group presently has a consensus rating of “Moderate Buy” and an average target price of $1,518.25.

Read Our Latest Stock Report on TDG

Transdigm Group Trading Down 2.5%

Shares of NYSE:TDG opened at $1,296.28 on Thursday. The firm has a 50 day simple moving average of $1,251.29 and a 200-day simple moving average of $1,277.00. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82. The company has a market capitalization of $72.50 billion, a PE ratio of 40.46, a P/E/G ratio of 2.32 and a beta of 0.90.

Transdigm Group (NYSE:TDGGet Free Report) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, beating analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.47 billion. During the same period last year, the firm posted $9.11 EPS. The company’s revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, equities research analysts predict that Transdigm Group Incorporated will post 37.99 EPS for the current fiscal year.

Transdigm Group Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Transdigm Group (NYSE:TDG)

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