ProShare Advisors LLC Decreases Holdings in Transdigm Group Incorporated $TDG

ProShare Advisors LLC decreased its stake in Transdigm Group Incorporated (NYSE:TDG) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,356 shares of the aerospace company’s stock after selling 496 shares during the quarter. ProShare Advisors LLC’s holdings in Transdigm Group were worth $13,772,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Principal Financial Group Inc. boosted its holdings in Transdigm Group by 18.3% in the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after buying an additional 367,756 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of Transdigm Group by 161.7% during the third 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 during the last quarter. Capital International Investors lifted its position in shares of Transdigm Group by 4.1% in the third 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 lifted its position in shares of Transdigm Group by 10.2% in the third 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 stake in shares of Transdigm Group by 1.8% in the third quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock worth $8,982,225,000 after acquiring an additional 121,049 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on TDG shares. Royal Bank Of Canada reduced their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research note on Wednesday, May 6th. Jefferies Financial Group lifted their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. Stifel Nicolaus dropped their target price on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Susquehanna decreased their price target on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Finally, KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Ten research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, Transdigm Group currently has a consensus rating of “Moderate Buy” and an average price target of $1,524.18.

Insider Activity

In other news, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were 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 represents a 52.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at $25,444,309.36. This represents a 31.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 42,096 shares of company stock valued at $51,417,454. 3.20% of the stock is owned by company insiders.

Transdigm Group Stock Performance

NYSE TDG opened at $1,198.64 on Thursday. The stock’s fifty day moving average is $1,196.95 and its two-hundred day moving average is $1,286.84. The firm has a market capitalization of $67.04 billion, a P/E ratio of 37.41, a price-to-earnings-growth ratio of 2.06 and a beta of 0.90. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued its earnings results 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. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same period last year, the company earned $9.11 EPS. The company’s revenue for the quarter was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, sell-side analysts forecast that Transdigm Group Incorporated will post 37.82 EPS 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.