AIA Group Ltd Buys 3,287 Shares of Transdigm Group Incorporated $TDG

AIA Group Ltd raised its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 83.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,215 shares of the aerospace company’s stock after purchasing an additional 3,287 shares during the period. AIA Group Ltd’s holdings in Transdigm Group were worth $9,510,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Salomon & Ludwin LLC bought a new stake in Transdigm Group in the third quarter worth $26,000. Wealth Watch Advisors INC bought a new position in Transdigm Group during the third quarter valued at $34,000. Pinnacle Holdings LLC bought a new position in Transdigm Group during the third quarter valued at $41,000. Security National Bank purchased a new stake in shares of Transdigm Group in the third quarter valued at $53,000. Finally, Ameritas Advisory Services LLC lifted its holdings in shares of Transdigm Group by 38.7% in the 3rd quarter. Ameritas Advisory Services LLC now owns 43 shares of the aerospace company’s stock worth $56,000 after acquiring an additional 12 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Transdigm Group Stock Down 2.7%

Shares of NYSE:TDG opened at $1,199.80 on Thursday. The business’s 50 day moving average is $1,335.36 and its 200 day moving average is $1,319.22. The stock has a market cap of $67.75 billion, a P/E ratio of 38.60, a price-to-earnings-growth ratio of 2.58 and a beta of 0.93. 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 issued its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, beating analysts’ consensus estimates of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The business had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same period in the previous year, the company posted $7.83 EPS. Transdigm Group’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. On average, sell-side analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on TDG shares. KeyCorp cut shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Robert W. Baird reissued a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a research report on Wednesday, February 4th. UBS Group dropped their target price on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Zacks Research raised Transdigm Group from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Transdigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,584.44.

Insider Buying and Selling

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $1,243.70, for a total transaction of $4,850,430.00. Following the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,477,320. This trade represents a 52.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Michael Lisman purchased 950 shares of Transdigm Group stock in a transaction dated Friday, February 6th. The stock was acquired at an average price of $1,284.26 per share, with a total value of $1,220,047.00. Following the acquisition, the chief executive officer owned 3,259 shares in the company, valued at approximately $4,185,403.34. This represents a 41.14% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 116,548 shares of company stock valued at $162,572,393 over the last quarter. 3.20% of the stock is owned by company insiders.

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.