Public Sector Pension Investment Board Buys 634 Shares of Transdigm Group Incorporated $TDG

Public Sector Pension Investment Board increased its stake in Transdigm Group Incorporated (NYSE:TDG) by 14.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,961 shares of the aerospace company’s stock after purchasing an additional 634 shares during the period. Public Sector Pension Investment Board’s holdings in Transdigm Group were worth $6,539,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. 1776 Wealth LLC acquired a new position in Transdigm Group during the third quarter valued at approximately $308,000. Varma Mutual Pension Insurance Co lifted its position in shares of Transdigm Group by 9.1% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 12,020 shares of the aerospace company’s stock worth $15,843,000 after buying an additional 1,000 shares during the last quarter. Drake & Associates LLC boosted its stake in Transdigm Group by 87.9% in the third quarter. Drake & Associates LLC now owns 731 shares of the aerospace company’s stock valued at $926,000 after buying an additional 342 shares in the last quarter. Savvy Advisors Inc. grew its position in Transdigm Group by 40.8% in the third quarter. Savvy Advisors Inc. now owns 338 shares of the aerospace company’s stock valued at $445,000 after acquiring an additional 98 shares during the last quarter. Finally, Cibc World Market Inc. boosted its stake in shares of Transdigm Group by 4.9% in the 3rd quarter. Cibc World Market Inc. now owns 3,890 shares of the aerospace company’s stock valued at $5,127,000 after purchasing an additional 180 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Ratings Changes

TDG has been the subject of several research reports. Robert W. Baird reissued a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a research note on Wednesday, February 4th. UBS Group lowered their target price on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a report on Wednesday, February 4th. BNP Paribas Exane began coverage on Transdigm Group in a research note on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 price target on the stock. Stifel Nicolaus cut their target price on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Finally, Morgan Stanley lifted their price target on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,584.44.

Insider Activity

In other news, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $1,429.92, for a total transaction of $5,576,688.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $5,147,712. This represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Michael Lisman purchased 950 shares of the stock in a transaction on Friday, February 6th. The shares were acquired at an average cost of $1,284.26 per share, with a total value of $1,220,047.00. Following the transaction, the chief executive officer directly owned 3,259 shares in the company, valued at $4,185,403.34. The trade was a 41.14% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders sold 228,658 shares of company stock valued at $313,263,459. Corporate insiders own 3.20% of the company’s stock.

Transdigm Group Price Performance

NYSE TDG opened at $1,314.98 on Thursday. The stock has a market capitalization of $74.26 billion, a P/E ratio of 42.31, a P/E/G ratio of 2.79 and a beta of 0.92. The business has a 50 day simple moving average of $1,348.82 and a 200 day simple moving average of $1,337.79. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82.

Transdigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.99 by $0.24. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The company had revenue of $2.29 billion for the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter in the prior year, the firm earned $7.83 EPS. The business’s revenue was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Equities analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Profile

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.