California Public Employees Retirement System Boosts Stock Position in Transdigm Group Incorporated $TDG

California Public Employees Retirement System lifted its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 5.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 91,230 shares of the aerospace company’s stock after acquiring an additional 4,738 shares during the quarter. California Public Employees Retirement System owned approximately 0.16% of Transdigm Group worth $138,728,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cerity Partners LLC boosted its position in shares of Transdigm Group by 2.6% in the second quarter. Cerity Partners LLC now owns 6,765 shares of the aerospace company’s stock worth $10,286,000 after purchasing an additional 171 shares during the period. Federated Hermes Inc. boosted its holdings in Transdigm Group by 36.1% in the 2nd quarter. Federated Hermes Inc. now owns 63,758 shares of the aerospace company’s stock worth $96,953,000 after buying an additional 16,925 shares during the period. Avestar Capital LLC increased its stake in Transdigm Group by 3.5% in the 2nd quarter. Avestar Capital LLC now owns 1,030 shares of the aerospace company’s stock worth $1,566,000 after buying an additional 35 shares in the last quarter. Amundi raised its holdings in Transdigm Group by 11.8% during the second quarter. Amundi now owns 49,617 shares of the aerospace company’s stock valued at $75,004,000 after acquiring an additional 5,246 shares during the period. Finally, Mirabella Financial Services LLP purchased a new position in shares of Transdigm Group in the second quarter valued at about $4,434,000. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Down 1.0%

Transdigm Group stock opened at $1,345.93 on Monday. Transdigm Group Incorporated has a 52-week low of $1,183.60 and a 52-week high of $1,623.82. The firm’s fifty day moving average is $1,314.11 and its 200 day moving average is $1,395.30. The company has a market cap of $75.80 billion, a price-to-earnings ratio of 41.96, a PEG ratio of 2.99 and a beta of 0.94.

Transdigm Group (NYSE:TDG) last posted its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, topping analysts’ consensus estimates of $10.33 by $0.49. The firm had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.40 billion. Transdigm Group had a net margin of 21.69% and a negative return on equity of 31.91%. The business’s quarterly revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm posted $9.83 EPS. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $1,298.87, for a total value of $3,553,708.32. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at approximately $27,988,050.76. The trade was a 11.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kevin M. Stein sold 17,526 shares of the stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $1,362.29, for a total value of $23,875,494.54. Following the sale, the director owned 8,158 shares in the company, valued at $11,113,561.82. The trade was a 68.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 58,494 shares of company stock worth $78,154,802. Insiders own 4.09% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TDG. Susquehanna cut their target price on 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. Zacks Research cut shares of Transdigm Group from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. UBS Group boosted their target price on shares of Transdigm Group from $1,738.00 to $1,798.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Truist Financial dropped their target price on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a research report on Wednesday, October 15th. Finally, BNP Paribas upgraded shares of Transdigm Group to a “strong-buy” rating in a report on Tuesday, November 18th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus 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.