BNP Paribas Increases Position in Transdigm Group Incorporated $TDG

BNP Paribas boosted its position in Transdigm Group Incorporated (NYSE:TDG) by 35.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,716 shares of the aerospace company’s stock after acquiring an additional 451 shares during the quarter. BNP Paribas’ holdings in Transdigm Group were worth $2,217,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Transdigm Group during the 2nd quarter valued at about $1,275,035,000. Principal Financial Group Inc. lifted its position in Transdigm Group by 18.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after buying an additional 367,756 shares during the last quarter. Vanguard Group Inc. boosted its stake in Transdigm Group by 5.3% in the second quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock worth $10,178,995,000 after buying an additional 333,965 shares in the last quarter. Franklin Resources Inc. grew its position in Transdigm Group by 161.7% during the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock valued at $626,704,000 after acquiring an additional 293,821 shares during the last quarter. Finally, Capital International Investors grew its position in Transdigm Group by 4.1% during the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after acquiring an additional 254,750 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Insiders Place Their Bets

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 shares were sold at an average price of $1,307.68, for a total value of $13,296,490.24. Following the transaction, the director owned 21,548 shares in the company, valued at approximately $28,177,888.64. The trade was a 32.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Michael Lisman acquired 950 shares of the stock in a transaction dated Friday, February 6th. The shares were purchased at an average cost of $1,284.26 per share, with a total value of $1,220,047.00. Following the completion of the purchase, the chief executive officer owned 3,259 shares of the company’s stock, valued at approximately $4,185,403.34. The trade was a 41.14% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have sold 112,648 shares of company stock worth $157,721,963. 3.20% of the stock is currently owned by insiders.

Transdigm Group Stock Performance

NYSE:TDG opened at $1,213.92 on Monday. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The firm has a market cap of $68.55 billion, a PE ratio of 39.06, a price-to-earnings-growth ratio of 2.55 and a beta of 0.93. The business has a 50 day moving average price of $1,344.45 and a 200-day moving average price of $1,322.31.

Transdigm Group (NYSE:TDG) last issued its 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. 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 the consensus estimate of $2.26 billion. During the same period in the previous year, the firm earned $7.83 earnings per share. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Research analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on TDG shares. BNP Paribas Exane started coverage on shares of Transdigm Group in a report on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 price objective for the company. Zacks Research upgraded shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. UBS Group lowered their price target on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a research note on Wednesday, February 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. Finally, Robert W. Baird reaffirmed a “neutral” rating and set a $1,400.00 price objective on shares of Transdigm Group in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average 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.