Transdigm Group Incorporated $TDG is Principal Financial Group Inc.’s 9th Largest Position

Principal Financial Group Inc. decreased its holdings in Transdigm Group Incorporated (NYSE:TDG) by 7.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,013,784 shares of the aerospace company’s stock after selling 152,739 shares during the period. Transdigm Group comprises approximately 1.2% of Principal Financial Group Inc.’s holdings, making the stock its 9th largest holding. Principal Financial Group Inc.’s holdings in Transdigm Group were worth $2,333,963,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ares Financial Consulting LLC purchased a new position in Transdigm Group in the 4th quarter worth about $25,000. Elyxium Wealth LLC bought a new position in Transdigm Group in the 4th quarter worth about $25,000. MCF Advisors LLC grew its stake in Transdigm Group by 900.0% in the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 18 shares in the last quarter. Transamerica Financial Advisors LLC increased its position in shares of Transdigm Group by 1,900.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 19 shares during the period. Finally, Colonial Trust Co SC raised its stake 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 acquiring an additional 13 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction on Monday, April 20th. The stock was sold at an average price of $1,265.06, for a total value of $12,817,587.92. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at $27,259,512.88. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 42,096 shares of company stock worth $52,625,524 over the last ninety days. Corporate insiders own 3.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TDG. Susquehanna lowered their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Royal Bank Of Canada lowered their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a report on Wednesday, May 6th. Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. UBS Group cut their price target on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, TD Cowen lowered their price objective on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Eight equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $1,499.80.

Transdigm Group Stock Performance

TDG stock opened at $1,235.35 on Tuesday. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82. The firm has a market cap of $69.09 billion, a price-to-earnings ratio of 38.56, a PEG ratio of 2.26 and a beta of 0.90. The firm has a 50-day simple moving average of $1,258.58 and a two-hundred day simple moving average of $1,276.49.

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, topping analysts’ consensus estimates of $9.46 by $0.39. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.47 billion. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The company’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, equities analysts predict that Transdigm Group Incorporated will post 37.96 earnings per share for the current fiscal year.

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.