iA Global Asset Management Inc. Has $33.48 Million Stake in Transdigm Group Incorporated $TDG

iA Global Asset Management Inc. increased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 15.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,892 shares of the aerospace company’s stock after acquiring an additional 3,795 shares during the quarter. iA Global Asset Management Inc.’s holdings in Transdigm Group were worth $33,485,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Central Pacific Bank Trust Division grew its stake in shares of Transdigm Group by 44.4% in the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock valued at $35,000 after buying an additional 8 shares during the period. Family Legacy Inc. raised its stake in Transdigm Group by 0.3% during the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock worth $3,184,000 after buying an additional 8 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Transdigm Group by 17.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock worth $73,000 after acquiring an additional 8 shares in the last quarter. Patton Fund Management Inc. grew its stake in Transdigm Group by 5.7% in the fourth quarter. Patton Fund Management Inc. now owns 167 shares of the aerospace company’s stock valued at $222,000 after acquiring an additional 9 shares during the period. Finally, Fisher Asset Management LLC grew its stake in Transdigm Group by 3.1% in the fourth quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock valued at $398,000 after acquiring an additional 9 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Price Performance

Shares of TDG stock opened at $1,326.39 on Wednesday. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82. The company has a market cap of $74.19 billion, a P/E ratio of 41.40, a P/E/G ratio of 2.31 and a beta of 0.91. The firm has a 50-day moving average of $1,234.44 and a 200-day moving average of $1,274.96.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.46 by $0.39. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The company had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. During the same period in the prior year, the company posted $9.11 earnings per share. Transdigm Group’s quarterly revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, research analysts expect that Transdigm Group Incorporated will post 37.99 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. BNP Paribas Exane lowered their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Weiss Ratings lowered shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Royal Bank Of Canada lowered their price objective on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Jefferies Financial Group lifted their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Finally, Wells Fargo & Company started coverage on shares of Transdigm Group in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 target price on the stock. Nine equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,513.56.

Insiders Place Their Bets

In related news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $28,433,663.40. The trade was a 31.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,596,408. The trade was a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 42,096 shares of company stock worth $52,625,524 over the last quarter. Company insiders own 3.20% of the company’s stock.

About Transdigm Group

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.