Transdigm Group Incorporated $TDG Holdings Lifted by Bank of Montreal Can

Bank of Montreal Can increased its holdings in Transdigm Group Incorporated (NYSE:TDG) by 51.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,451 shares of the aerospace company’s stock after acquiring an additional 30,774 shares during the period. Bank of Montreal Can owned about 0.16% of Transdigm Group worth $119,216,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TDG. Norges Bank purchased a new position in Transdigm Group during the 2nd quarter valued at about $1,275,035,000. Principal Financial Group Inc. lifted its position in shares of Transdigm Group by 18.3% in the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after purchasing an additional 367,756 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of Transdigm Group by 5.3% during the second quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock worth $10,178,995,000 after purchasing an additional 333,965 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Transdigm Group by 1,566.7% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 213,775 shares of the aerospace company’s stock worth $325,075,000 after purchasing an additional 200,949 shares during the period. Finally, Corient Private Wealth LLC grew its position in Transdigm Group by 94.6% during the second quarter. Corient Private Wealth LLC now owns 136,898 shares of the aerospace company’s stock valued at $208,284,000 after purchasing an additional 66,559 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 10,168 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $1,307.68, for a total value of $13,296,490.24. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at $28,177,888.64. The trade was a 32.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $5,147,712. This trade represents a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 116,548 shares of company stock valued at $162,754,991 in the last three months. 3.20% of the stock is currently owned by company insiders.

Transdigm Group Stock Down 0.8%

NYSE TDG opened at $1,258.49 on Thursday. The stock has a market capitalization of $71.07 billion, a PE ratio of 40.49, a price-to-earnings-growth ratio of 2.66 and a beta of 0.93. The company has a 50 day moving average price of $1,349.45 and a two-hundred day moving average price of $1,325.38. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82.

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

Wall Street Analysts Forecast Growth

TDG has been the subject of a number of research analyst reports. KeyCorp downgraded shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. Royal Bank Of Canada upped their price target on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. Morgan Stanley increased their price objective on Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. Finally, BMO Capital Markets lifted their price objective on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. One 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’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $1,584.44.

About Transdigm Group

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.