Prudential PLC Grows Stake in Transdigm Group Incorporated $TDG

Prudential PLC boosted its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 299.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,229 shares of the aerospace company’s stock after purchasing an additional 3,170 shares during the quarter. Prudential PLC’s holdings in Transdigm Group were worth $5,624,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of TDG. Norges Bank purchased a new position in Transdigm Group during the 4th quarter worth $1,025,591,000. Franklin Resources Inc. boosted its position in Transdigm Group by 161.7% during the 3rd quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock valued at $626,704,000 after acquiring an additional 293,821 shares in the last quarter. Capital International Investors boosted its position in Transdigm Group by 4.1% during the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after acquiring an additional 254,750 shares in the last quarter. Capital Research Global Investors boosted its position in Transdigm Group by 10.2% during the 3rd quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock valued at $2,909,850,000 after acquiring an additional 203,997 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Transdigm Group by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock valued at $8,982,225,000 after acquiring an additional 121,049 shares in the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Transdigm Group Price Performance

Transdigm Group stock opened at $1,241.05 on Friday. The stock has a market capitalization of $69.41 billion, a price-to-earnings ratio of 38.73, a PEG ratio of 2.17 and a beta of 0.91. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,623.82. The business has a fifty day moving average price of $1,203.10 and a 200-day moving average price of $1,281.43.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. The firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The business’s quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the firm earned $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, equities research analysts anticipate that Transdigm Group Incorporated will post 37.82 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages have issued reports on TDG. Morgan Stanley increased their target price on Transdigm Group from $1,660.00 to $1,680.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. UBS Group dropped their target price on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Stifel Nicolaus dropped their target price on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company began coverage on Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 target price on the stock. Finally, BNP Paribas Exane dropped their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Ten research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,524.18.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,154,724. This trade represents a 52.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the completion of the sale, the director directly owned 21,548 shares of the company’s stock, valued at $25,444,309.36. The trade was a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 42,096 shares of company stock valued at $51,417,454 in the last three months. Insiders own 3.20% of the company’s stock.

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.