BlackRock Updates Passive Stake in TransDigm Group (TDG)

TL;DR

**BlackRock just updated its passive stake in TransDigm, signaling continued institutional interest.**

AI Summary

BlackRock Inc. filed an amended Schedule 13G/A on January 25, 2024, indicating its ownership of TransDigm Group INC's Common Stock as of December 31, 2023. This filing, Amendment No. 7, updates previous disclosures about BlackRock's passive investment in TransDigm. This matters to investors because BlackRock is a major institutional investor, and changes in its reported holdings can signal shifts in its investment strategy or outlook on TransDigm, potentially influencing other investors' perceptions of the stock.

Why It Matters

This filing shows BlackRock's continued significant, albeit passive, investment in TransDigm, which can provide a vote of confidence to current and prospective shareholders.

Risk Assessment

Risk Level: low — This is a routine update from a large institutional investor and does not indicate any immediate significant risk or opportunity.

Analyst Insight

Investors should note BlackRock's continued passive ownership as a sign of institutional confidence, but this filing alone doesn't suggest a need for immediate action. It's a routine update.

Key Players & Entities

• BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
• TransDigm Group INC (company) — the subject company whose stock is being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• January 25, 2024 (date) — the date the SC 13G/A was filed
• Amendment No. 7 (number) — the specific amendment number of the filing

FAQ

From the Filing

0001086364-24-003731.txt : 20240125 0001086364-24-003731.hdr.sgml : 20240125 20240125165924 ACCESSION NUMBER: 0001086364-24-003731 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240125 DATE AS OF CHANGE: 20240125 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TransDigm Group INC CENTRAL INDEX KEY: 0001260221 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT PART & AUXILIARY EQUIPMENT, NEC [3728] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 510484716 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-81705 FILM NUMBER: 24562927 BUSINESS ADDRESS: STREET 1: 1301 EAST 9TH STREET STREET 2: SUITE 3000 CITY: CLEVELAND STATE: OH ZIP: 44114 BUSINESS PHONE: 216 706 2960 MAIL ADDRESS: STREET 1: 1301 EAST 9TH STREET STREET 2: SUITE 3000 CITY: CLEVELAND STATE: OH ZIP: 44114 FORMER COMPANY: FORMER CONFORMED NAME: TD HOLDING CORP DATE OF NAME CHANGE: 20030818 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us8936411003_012524.txt us8936411003_012524.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 7) TRANSDIGM GROUP INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 893641100 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 893641100 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 4151602 (6) Shared voting power 0 (7) Sole dispositive power 4501949 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 4501949 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.1% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- TRANSDIGM GROUP INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 1301 EAST 9TH STREET, SUITE 3000 CLEVELAND OH 44114 Item 2. 2(a) Name of person filing: ----------------------------------------