Eastern Bank Grows Stock Position in Transdigm Group Incorporated $TDG

Eastern Bank increased its holdings in Transdigm Group Incorporated (NYSE:TDG) by 20.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,444 shares of the aerospace company’s stock after buying an additional 1,246 shares during the quarter. Eastern Bank’s holdings in Transdigm Group were worth $9,899,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC purchased a new stake in shares of Transdigm Group in the 3rd quarter worth $26,000. Elevation Wealth Partners LLC increased its position in Transdigm Group by 1,100.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock worth $32,000 after buying an additional 22 shares in the last quarter. Wealth Watch Advisors INC bought a new position in shares of Transdigm Group in the third quarter worth about $34,000. Central Pacific Bank Trust Division raised its stake in shares of Transdigm Group by 44.4% in the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after buying an additional 8 shares during the period. Finally, JFS Wealth Advisors LLC lifted its position in shares of Transdigm Group by 55.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 28 shares of the aerospace company’s stock valued at $37,000 after buying an additional 10 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Trading Down 0.9%

Shares of TDG opened at $1,141.63 on Friday. The company’s fifty day simple moving average is $1,301.11 and its 200-day simple moving average is $1,312.14. The company has a market cap of $64.47 billion, a P/E ratio of 36.73, a P/E/G ratio of 2.39 and a beta of 0.93. Transdigm Group Incorporated has a twelve month low of $1,137.06 and a twelve month high of $1,623.82.

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

Analyst Upgrades and Downgrades

TDG has been the topic of several analyst reports. Robert W. Baird reaffirmed a “neutral” rating and set a $1,400.00 price target on shares of Transdigm Group in a report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. Zacks Research raised Transdigm Group from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. UBS Group dropped their price target on 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. Finally, KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $1,584.44.

Insider Buying and Selling at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,477,320. The trade was a 52.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director W Nicholas Howley sold 10,168 shares of the company’s stock in a transaction on 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 transaction, the director directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 126,680 shares of company stock valued at $174,863,016 in the last ninety days. Company insiders own 3.20% of the company’s stock.

Transdigm Group Company 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.