Transdigm Group Incorporated $TDG Shares Purchased by ProShare Advisors LLC

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

A number of other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its stake in shares of Transdigm Group by 5.3% during the second 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 period. Principal Financial Group Inc. boosted its stake in Transdigm Group by 18.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after purchasing an additional 367,756 shares in the last quarter. State Street Corp increased its position in shares of Transdigm Group by 2.5% during the 2nd quarter. State Street Corp now owns 2,343,288 shares of the aerospace company’s stock valued at $3,563,297,000 after purchasing an additional 56,141 shares during the period. Geode Capital Management LLC increased its position in shares of Transdigm Group by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 1,214,396 shares of the aerospace company’s stock valued at $1,837,459,000 after purchasing an additional 17,946 shares during the period. Finally, Norges Bank bought a new stake in shares of Transdigm Group in the 2nd quarter worth $1,275,035,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on TDG shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. JPMorgan Chase & Co. upped their price target on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a report on Friday, November 14th. BMO Capital Markets lifted their price objective on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Truist Financial dropped their target price on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a report on Wednesday, October 15th. Finally, BNP Paribas Exane initiated coverage on shares of Transdigm Group in a report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Transdigm Group currently has a consensus rating of “Moderate Buy” and an average target price of $1,584.44.

Insider Activity at Transdigm Group

In other news, Director Kevin M. Stein sold 36,925 shares of Transdigm Group stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total transaction of $52,647,295.75. Following the transaction, the director owned 19,233 shares in the company, valued at approximately $27,422,219.07. The trade was a 65.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Robert J. Small sold 90,953 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the transaction, the director directly owned 68,139 shares in the company, valued at $91,014,625.08. The trade was a 57.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 242,485 shares of company stock worth $331,932,850. Corporate insiders own 4.09% of the company’s stock.

Transdigm Group Trading Up 0.9%

NYSE TDG opened at $1,312.06 on Wednesday. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The company has a market cap of $74.09 billion, a PE ratio of 42.22, a PEG ratio of 2.72 and a beta of 0.92. The stock’s 50-day moving average price is $1,352.82 and its two-hundred day moving average price is $1,348.70.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, topping 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 business 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 earnings per share. The firm’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. Research analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal 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.