Dai ichi Life Insurance Company Ltd Buys 966 Shares of Transdigm Group Incorporated $TDG

Dai ichi Life Insurance Company Ltd lifted its stake in Transdigm Group Incorporated (NYSE:TDG) by 15.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,114 shares of the aerospace company’s stock after buying an additional 966 shares during the period. Dai ichi Life Insurance Company Ltd’s holdings in Transdigm Group were worth $8,245,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Ares Financial Consulting LLC bought a new position in Transdigm Group during the fourth quarter valued at about $25,000. Elyxium Wealth LLC bought a new stake in shares of Transdigm Group in the 4th quarter worth approximately $25,000. MCF Advisors LLC grew its holdings in shares of Transdigm Group by 900.0% during the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 18 shares in the last quarter. Transamerica Financial Advisors LLC grew its holdings in shares of Transdigm Group by 1,900.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 19 shares in the last quarter. Finally, Colonial Trust Co SC increased its position in shares of Transdigm Group by 162.5% during the fourth quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 13 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently commented on TDG shares. Susquehanna cut their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. TD Cowen lowered their price target on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Jefferies Financial Group raised their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Stifel Nicolaus decreased their target price on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Finally, Wall Street Zen cut shares of Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Seven equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $1,477.47.

Transdigm Group Price Performance

Shares of NYSE:TDG opened at $1,236.11 on Friday. The business’s fifty day moving average price is $1,261.52 and its two-hundred day moving average price is $1,270.10. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,623.82. The stock has a market capitalization of $69.14 billion, a price-to-earnings ratio of 38.58, a price-to-earnings-growth ratio of 2.14 and a beta of 0.90.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $2.47 billion. During the same period last year, the business earned $9.11 earnings per share. The business’s 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. Research analysts expect that Transdigm Group Incorporated will post 37.77 EPS for the current fiscal year.

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total transaction of $13,369,680.60. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at approximately $28,433,663.40. This represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the sale, the chief operating officer directly owned 3,600 shares in the company, valued at $4,596,408. This represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 28,064 shares of company stock valued at $34,814,142 in the last quarter. 3.20% of the stock is currently owned by corporate 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.