Prospera Financial Services Inc Raises Holdings in Transdigm Group Incorporated $TDG

Prospera Financial Services Inc boosted its position in Transdigm Group Incorporated (NYSE:TDG) by 20.2% in the 3rd quarter, Holdings Channel reports. The firm owned 6,020 shares of the aerospace company’s stock after acquiring an additional 1,013 shares during the quarter. Prospera Financial Services Inc’s holdings in Transdigm Group were worth $7,936,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings 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 worth $10,178,995,000 after buying an additional 333,965 shares in the last quarter. Principal Financial Group Inc. boosted its position in Transdigm Group by 18.3% during the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after acquiring an additional 367,756 shares during the last quarter. State Street Corp grew its stake in 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 acquiring an additional 56,141 shares in the last quarter. Geode Capital Management LLC raised its holdings in Transdigm Group by 1.5% in 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 acquiring an additional 17,946 shares during the last quarter. Finally, Norges Bank purchased a new position in Transdigm Group in the 2nd quarter worth approximately $1,275,035,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on TDG shares. Stifel Nicolaus lowered their price objective on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. UBS Group lowered their price target on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Zacks Research upgraded shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 target price on shares of Transdigm Group in a report on Wednesday, February 4th. Finally, KeyCorp cut shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,584.44.

Transdigm Group Stock Performance

Transdigm Group stock opened at $1,312.06 on Wednesday. The company’s 50 day simple moving average is $1,352.82 and its 200-day simple moving average is $1,348.70. 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 capitalization of $74.09 billion, a price-to-earnings ratio of 42.22, a price-to-earnings-growth ratio of 2.72 and a beta of 0.92.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.99 by $0.24. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.Transdigm Group’s revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.83 EPS. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Equities analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Insider Activity at Transdigm Group

In related 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 value of $121,487,741.16. Following the completion of the transaction, the director directly owned 68,139 shares in the company, valued at approximately $91,014,625.08. This trade represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kevin M. Stein sold 36,925 shares of Transdigm Group stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the completion of the transaction, the director owned 19,233 shares of the company’s stock, valued at $27,422,219.07. The trade was a 65.75% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 242,485 shares of company stock valued at $331,932,850. Insiders own 4.09% of the company’s stock.

Transdigm Group Company 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.