Erste Asset Management GmbH Makes New Investment in Transdigm Group Incorporated $TDG

Erste Asset Management GmbH acquired a new stake in Transdigm Group Incorporated (NYSE:TDG) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 464 shares of the aerospace company’s stock, valued at approximately $599,000.

Several other large investors have also made changes to their positions in TDG. Empowered Funds LLC grew its stake in Transdigm Group by 5.0% in the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock valued at $1,898,000 after acquiring an additional 65 shares during the period. Acadian Asset Management LLC lifted its holdings in Transdigm Group by 92.3% during the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock valued at $376,000 after purchasing an additional 131 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Transdigm Group in the second quarter valued at about $219,000. Arkadios Wealth Advisors grew its position in shares of Transdigm Group by 32.7% in the second quarter. Arkadios Wealth Advisors now owns 195 shares of the aerospace company’s stock valued at $296,000 after purchasing an additional 48 shares during the period. Finally, Hantz Financial Services Inc. increased its stake in shares of Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Transdigm Group news, Director Robert J. Small sold 90,953 shares of Transdigm Group stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total transaction of $121,487,741.16. Following the transaction, the director directly owned 68,139 shares of the company’s stock, valued at $91,014,625.08. The trade was a 57.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $1,429.92, for a total transaction of $5,576,688.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at $5,147,712. The trade was a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 229,727 shares of company stock worth $314,182,120 in the last quarter. 3.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on TDG shares. BNP Paribas Exane started coverage on shares of Transdigm Group in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 price target on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. Morgan Stanley increased their target price on Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a report on Friday, November 14th. Stifel Nicolaus lowered their price target on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. Finally, Robert W. Baird reiterated a “neutral” rating and set a $1,400.00 price target on shares of Transdigm Group in a research report on Wednesday, February 4th. 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 stock. According to data from MarketBeat, Transdigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,584.44.

Transdigm Group Price Performance

Shares of Transdigm Group stock opened at $1,304.54 on Monday. The stock’s 50 day simple moving average is $1,352.79 and its 200-day simple moving average is $1,330.81. The stock has a market cap of $73.67 billion, a P/E ratio of 41.97, a P/E/G ratio of 2.73 and a beta of 0.93. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82.

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

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.