State of New Jersey Common Pension Fund D Acquires 904 Shares of Transdigm Group Incorporated $TDG

State of New Jersey Common Pension Fund D boosted its holdings in Transdigm Group Incorporated (NYSE:TDG) by 4.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,549 shares of the aerospace company’s stock after acquiring an additional 904 shares during the period. State of New Jersey Common Pension Fund D’s holdings in Transdigm Group were worth $25,766,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. grew its stake in Transdigm Group by 2.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 201,736 shares of the aerospace company’s stock worth $265,892,000 after buying an additional 4,870 shares in the last quarter. Citizens Financial Group Inc. RI boosted its position in shares of Transdigm Group by 272.4% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 3,009 shares of the aerospace company’s stock worth $3,965,000 after acquiring an additional 2,201 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Transdigm Group by 18.3% during 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 acquiring an additional 367,756 shares in the last quarter. WINTON GROUP Ltd bought a new position in Transdigm Group in the second quarter valued at approximately $3,041,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its position in Transdigm Group by 311.7% during the third quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,124 shares of the aerospace company’s stock valued at $1,517,000 after purchasing an additional 851 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

Transdigm Group Trading Down 0.8%

NYSE:TDG opened at $1,286.10 on Monday. The stock’s 50-day moving average is $1,350.16 and its 200-day moving average is $1,342.21. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The stock has a market cap of $72.63 billion, a P/E ratio of 41.38, a price-to-earnings-growth ratio of 2.75 and a beta of 0.92.

Transdigm Group (NYSE:TDG) last posted 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 business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period last year, the company earned $7.83 EPS. The firm’s revenue was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, equities analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Insiders Place Their Bets

In other Transdigm Group news, Director Robert J. Small sold 90,953 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the sale, the director owned 68,139 shares in the company, valued at approximately $91,014,625.08. The trade was a 57.17% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Kevin M. Stein sold 36,925 shares of the firm’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the transaction, the director owned 19,233 shares of the company’s stock, valued at $27,422,219.07. This trade represents a 65.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 235,849 shares of company stock worth $323,054,509. 3.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

TDG has been the topic of several recent analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. Morgan Stanley lifted their target price on Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. 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 research note on Wednesday, February 4th. Robert W. Baird restated a “neutral” rating and issued a $1,400.00 price target on shares of Transdigm Group in a research note on Wednesday, February 4th. Finally, Stifel Nicolaus decreased their price target on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a report on Thursday, November 13th. 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 stock. According to data from MarketBeat.com, Transdigm Group presently has an average rating of “Moderate Buy” and an average target price of $1,584.44.

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.