Transdigm Group Incorporated $TDG Shares Acquired by Franklin Resources Inc.

Franklin Resources Inc. increased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 161.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 475,489 shares of the aerospace company’s stock after buying an additional 293,821 shares during the quarter. Franklin Resources Inc. owned about 0.84% of Transdigm Group worth $626,704,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. raised its position 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 valued at $265,892,000 after acquiring an additional 4,870 shares in the last quarter. Citizens Financial Group Inc. RI grew its stake 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 purchasing an additional 2,201 shares during the period. Principal Financial Group Inc. increased its holdings 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 valued at $3,136,719,000 after purchasing an additional 367,756 shares in the last quarter. WINTON GROUP Ltd acquired a new position in shares of Transdigm Group in the 2nd quarter valued at $3,041,000. Finally, Envestnet Asset Management Inc. boosted its holdings in Transdigm Group by 2.4% during the third quarter. Envestnet Asset Management Inc. now owns 73,818 shares of the aerospace company’s stock worth $97,293,000 after buying an additional 1,706 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Transdigm Group

In other news, CEO Michael Lisman bought 950 shares of the firm’s stock in a transaction on Friday, February 6th. The shares were bought at an average cost of $1,284.26 per share, for a total transaction of $1,220,047.00. Following the acquisition, the chief executive officer directly owned 3,259 shares of the company’s stock, valued at $4,185,403.34. This trade represents a 41.14% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Patrick Joseph Murphy sold 290 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $1,430.10, for a total transaction of $414,729.00. Following the sale, the chief operating officer owned 1,055 shares of the company’s stock, valued at $1,508,755.50. This represents a 21.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 116,548 shares of company stock worth $162,754,991. Corporate insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. UBS Group decreased their price objective on shares of 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday, December 29th. JPMorgan Chase & Co. boosted their target price on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a research note on Friday, November 14th. BNP Paribas Exane initiated 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. Finally, Morgan Stanley lifted their price objective on Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Transdigm Group has an average rating of “Moderate Buy” and a consensus target price of $1,584.44.

Transdigm Group Trading Down 0.8%

TDG opened at $1,258.49 on Thursday. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The firm has a market capitalization of $71.07 billion, a PE ratio of 40.49, a PEG ratio of 2.66 and a beta of 0.93. The firm’s 50-day moving average price is $1,349.45 and its 200 day moving average price is $1,325.38.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $2.26 billion. During the same period last year, the company posted $7.83 EPS. The business’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. As a group, analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share 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.