392,447 Shares in Transdigm Group Incorporated $TDG Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 392,447 shares of the aerospace company’s stock, valued at approximately $522,754,000. The Manufacturers Life Insurance Company owned 0.70% of Transdigm Group as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Family Legacy Inc. increased its position in shares of Transdigm Group by 0.3% during the fourth quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock worth $3,184,000 after acquiring an additional 8 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC lifted its position in Transdigm Group by 17.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after acquiring an additional 8 shares in the last quarter. Fisher Asset Management LLC boosted its stake in Transdigm Group by 3.1% in the 4th quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock worth $398,000 after purchasing an additional 9 shares during the period. Root Financial Partners LLC increased its holdings in Transdigm Group by 6.2% during the 4th quarter. Root Financial Partners LLC now owns 155 shares of the aerospace company’s stock worth $206,000 after purchasing an additional 9 shares in the last quarter. Finally, Harbour Investments Inc. increased its holdings in Transdigm Group by 13.6% during the 4th quarter. Harbour Investments Inc. now owns 75 shares of the aerospace company’s stock worth $100,000 after purchasing an additional 9 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Activity at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,459,536. This trade represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the transaction, the director owned 21,548 shares in the company, valued at approximately $26,204,091.84. The trade was a 31.98% 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 38,196 shares of company stock worth $48,027,598 in the last ninety days. Insiders own 3.20% of the company’s stock.

Analyst Ratings Changes

TDG has been the topic of a number of research reports. BMO Capital Markets boosted their price target on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft increased their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Jefferies Financial Group boosted their target price on Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. Morgan Stanley downgraded Transdigm Group from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Finally, Royal Bank Of Canada decreased their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $1,463.71.

Transdigm Group Price Performance

Transdigm Group stock opened at $1,198.78 on Tuesday. The company has a market cap of $67.05 billion, a price-to-earnings ratio of 36.37, a P/E/G ratio of 2.00 and a beta of 0.91. The firm has a 50-day moving average of $1,268.22 and a 200-day moving average of $1,244.70. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,463.03.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter in the previous year, the business earned $9.60 earnings per share. Transdigm Group’s quarterly revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, sell-side analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Transdigm Group 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.