ProShare Advisors LLC Raises Stock Holdings in Transdigm Group Incorporated $TDG

ProShare Advisors LLC raised its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 12.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,852 shares of the aerospace company’s stock after purchasing an additional 1,189 shares during the quarter. ProShare Advisors LLC’s holdings in Transdigm Group were worth $14,303,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in TDG. Norges Bank acquired a new stake in shares of Transdigm Group during the second quarter worth approximately $1,275,035,000. Principal Financial Group Inc. raised its holdings in Transdigm Group by 18.3% in the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after acquiring an additional 367,756 shares in the last quarter. Vanguard Group Inc. boosted its stake in Transdigm Group by 5.3% during the 2nd quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock valued at $10,178,995,000 after acquiring an additional 333,965 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Transdigm Group by 1,566.7% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 213,775 shares of the aerospace company’s stock worth $325,075,000 after acquiring an additional 200,949 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Transdigm Group by 56.9% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 196,866 shares of the aerospace company’s stock valued at $299,362,000 after purchasing an additional 71,399 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently weighed in on TDG shares. Morgan Stanley boosted their price objective on Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a report on Friday, November 14th. Royal Bank Of Canada lifted their target price on Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 13th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, Transdigm Group currently has an average rating of “Moderate Buy” and an average target price of $1,584.44.

Insider Activity at Transdigm Group

In other Transdigm Group news, Director Robert J. Small sold 90,953 shares of Transdigm Group stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $1,335.72, for a total transaction of $121,487,741.16. Following the sale, the director owned 68,139 shares of the company’s stock, valued at $91,014,625.08. The trade was a 57.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kevin M. Stein sold 36,925 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the transaction, the director owned 19,233 shares of the company’s stock, valued at $27,422,219.07. This trade represents a 65.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 242,485 shares of company stock valued at $331,932,850. Insiders own 4.09% of the company’s stock.

Transdigm Group Stock Performance

Transdigm Group stock opened at $1,312.06 on Wednesday. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82. The company has a 50-day simple moving average of $1,352.82 and a 200-day simple moving average of $1,348.70. The firm has a market capitalization of $74.09 billion, a P/E ratio of 42.22, a P/E/G ratio of 2.72 and a beta of 0.92.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, beating the consensus estimate of $7.99 by $0.24. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period last year, the firm posted $7.83 EPS. Transdigm Group’s quarterly revenue was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, sell-side analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

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.