Varma Mutual Pension Insurance Co Buys New Shares in Transdigm Group Incorporated $TDG

Varma Mutual Pension Insurance Co bought a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 10,260 shares of the aerospace company’s stock, valued at approximately $13,667,000.

Other institutional investors have also recently bought and sold shares of the company. IFP Advisors Inc grew its position in Transdigm Group by 392.9% during the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock worth $2,117,000 after buying an additional 1,269 shares in the last quarter. DNB Asset Management AS raised its position in Transdigm Group by 11.6% during the 4th quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company’s stock valued at $34,342,000 after purchasing an additional 2,685 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Transdigm Group by 8.0% during the fourth quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company’s stock valued at $22,914,000 after buying an additional 1,281 shares during the period. Capital Research Global Investors raised its position in shares of Transdigm Group by 12.2% in the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after acquiring an additional 268,824 shares in the last quarter. Finally, Pier 88 Investment Partners LLC bought a new stake in shares of Transdigm Group during the 4th quarter valued at $3,192,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Jefferies Financial Group increased their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. Susquehanna cut their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Royal Bank Of Canada lowered their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research report on Wednesday, May 6th. Finally, Morgan Stanley downgraded Transdigm Group from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. Six investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $1,463.71.

Transdigm Group Stock Performance

TDG opened at $1,204.92 on Monday. The stock has a market capitalization of $67.39 billion, a price-to-earnings ratio of 36.56, a PEG ratio of 2.00 and a beta of 0.91. The company has a fifty day moving average of $1,269.76 and a two-hundred day moving average of $1,245.39. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,463.03.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. During the same quarter in the previous year, the company posted $9.60 EPS. The firm’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. On average, equities research analysts forecast that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Insider Transactions at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the 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 transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,459,536. This trade represents a 52.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the sale, the director owned 21,548 shares of the company’s stock, valued at $26,639,361.44. This trade represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 38,196 shares of company stock valued at $48,027,598 over the last ninety days. 3.20% of the stock is owned by company insiders.

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.