M&T Bank Corp Increases Stock Position in Transdigm Group Incorporated $TDG

M&T Bank Corp grew its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 640.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 37,846 shares of the aerospace company’s stock after buying an additional 32,735 shares during the period. M&T Bank Corp’s holdings in Transdigm Group were worth $50,330,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Gateway Investment Advisers LLC boosted its position in Transdigm Group by 0.7% during the 3rd quarter. Gateway Investment Advisers LLC now owns 1,182 shares of the aerospace company’s stock worth $1,558,000 after purchasing an additional 8 shares during the period. Tower Wealth Partners Inc. boosted its position in Transdigm Group by 4.5% during the 3rd quarter. Tower Wealth Partners Inc. now owns 187 shares of the aerospace company’s stock worth $246,000 after purchasing an additional 8 shares during the period. Central Pacific Bank Trust Division boosted its position in Transdigm Group by 44.4% during the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after purchasing an additional 8 shares during the period. Fifth Third Wealth Advisors LLC boosted its position in Transdigm Group by 1.9% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 479 shares of the aerospace company’s stock worth $631,000 after purchasing an additional 9 shares during the period. Finally, Parkside Financial Bank & Trust boosted its position in Transdigm Group by 5.6% during the 3rd quarter. Parkside Financial Bank & Trust now owns 171 shares of the aerospace company’s stock worth $225,000 after purchasing an additional 9 shares during the period. 95.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Robert W. Baird reaffirmed a “neutral” rating and set a $1,400.00 price target on shares of Transdigm Group in a research report on Wednesday, February 4th. UBS Group decreased their price target 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 cut shares of Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 13th. KeyCorp cut shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Finally, Wells Fargo & Company assumed coverage on shares of Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,567.40.

Transdigm Group Price Performance

NYSE:TDG opened at $1,188.95 on Thursday. The firm has a 50-day moving average of $1,240.67 and a two-hundred day moving average of $1,302.00. The stock has a market cap of $67.14 billion, a P/E ratio of 38.25, a PEG ratio of 2.54 and a beta of 0.98. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, beating analysts’ consensus estimates of $7.99 by $0.24. The company had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period in the prior year, the company posted $7.83 EPS. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, equities analysts expect that Transdigm Group Incorporated will post 36.71 earnings per share for the current year.

Insider Buying and Selling

In other Transdigm Group news, Director W Nicholas Howley sold 10,168 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $1,307.68, for a total value of $13,296,490.24. Following the completion of the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $28,177,888.64. This represents a 32.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Patrick Joseph Murphy sold 290 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $1,430.10, for a total transaction of $414,729.00. Following the completion of the transaction, the chief operating officer directly owned 1,055 shares of the company’s stock, valued at approximately $1,508,755.50. The trade was a 21.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 86,522 shares of company stock worth $117,197,926 over the last quarter. Company insiders own 3.20% of the company’s stock.

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.