Transdigm Group Incorporated $TDG Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. increased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 18.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,379,816 shares of the aerospace company’s stock after buying an additional 367,756 shares during the quarter. Transdigm Group accounts for about 1.6% of Principal Financial Group Inc.’s investment portfolio, making the stock its 6th largest position. Principal Financial Group Inc. owned 4.22% of Transdigm Group worth $3,136,719,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in TDG. Salomon & Ludwin LLC bought a new position in Transdigm Group in the 3rd quarter valued at $26,000. Bank of Jackson Hole Trust grew its holdings in Transdigm Group by 84.6% during the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 11 shares during the period. Hantz Financial Services Inc. boosted its position in shares of Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares in the last quarter. Ameritas Advisory Services LLC bought a new position in Transdigm Group during the second quarter worth about $47,000. Finally, Security National Bank acquired a new position in shares of Transdigm Group in the 3rd quarter valued at approximately $53,000. 95.78% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $1,429.92, for a total transaction of $5,576,688.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $5,147,712. The trade was a 52.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Patrick Joseph Murphy sold 290 shares of Transdigm Group stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $1,329.03, for a total transaction of $385,418.70. Following the transaction, the chief operating officer directly owned 1,055 shares in the company, valued at $1,402,126.65. This trade represents a 21.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 194,485 shares of company stock worth $263,363,749. Insiders own 4.09% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TDG shares. JPMorgan Chase & Co. upped their price target on Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a research report on Friday, November 14th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. Morgan Stanley lifted their target price on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a report on Friday, November 14th. BMO Capital Markets upped their price objective on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, November 13th. Finally, Royal Bank Of Canada raised their target price on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,597.00.

Transdigm Group Stock Up 0.5%

Shares of NYSE TDG opened at $1,429.40 on Friday. The company’s fifty day simple moving average is $1,358.63 and its 200 day simple moving average is $1,364.20. The firm has a market cap of $80.69 billion, a PE ratio of 44.56, a P/E/G ratio of 3.11 and a beta of 0.94. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. Transdigm Group had a net margin of 21.69% and a negative return on equity of 31.91%. The business had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same quarter in the previous year, the business posted $9.83 EPS. Transdigm Group’s quarterly revenue was up 11.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, equities analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

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.