Transdigm Group Incorporated $TDG Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in Transdigm Group Incorporated (NYSE:TDG) by 1.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 71,831 shares of the aerospace company’s stock after selling 1,130 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.13% of Transdigm Group worth $94,675,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in Transdigm Group by 5.3% during the 2nd quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock worth $10,178,995,000 after purchasing an additional 333,965 shares during the period. Principal Financial Group Inc. raised its holdings in shares of Transdigm Group by 18.3% in the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after buying an additional 367,756 shares during the last quarter. State Street Corp boosted its stake in shares of Transdigm Group by 2.5% during the second quarter. State Street Corp now owns 2,343,288 shares of the aerospace company’s stock worth $3,563,297,000 after buying an additional 56,141 shares during the period. Geode Capital Management LLC grew its holdings in shares of Transdigm Group by 1.5% during the second quarter. Geode Capital Management LLC now owns 1,214,396 shares of the aerospace company’s stock worth $1,837,459,000 after buying an additional 17,946 shares during the last quarter. Finally, Norges Bank acquired a new position in Transdigm Group in the 2nd quarter valued at about $1,275,035,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Transdigm Group Stock Down 0.8%

NYSE:TDG opened at $1,286.10 on Monday. The firm’s fifty day simple moving average is $1,350.16 and its 200-day simple moving average is $1,342.21. The stock has a market cap of $72.63 billion, a PE ratio of 41.38, a price-to-earnings-growth ratio of 2.75 and a beta of 0.92. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82.

Transdigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the previous year, the firm earned $7.83 earnings per share. The firm’s revenue was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Equities analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Insider Activity at Transdigm Group

In related news, Director Kevin M. Stein sold 36,925 shares of the business’s 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 sale, the director directly owned 19,233 shares in the company, valued at $27,422,219.07. The trade was a 65.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert J. Small sold 90,953 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total transaction of $121,487,741.16. Following the completion of the sale, the director directly owned 68,139 shares in the company, valued at approximately $91,014,625.08. The trade was a 57.17% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 235,849 shares of company stock valued at $323,054,509 over the last ninety days. 3.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TDG. BNP Paribas Exane assumed coverage on Transdigm Group in a research note on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 target price on the stock. BMO Capital Markets lifted their price objective on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Stifel Nicolaus dropped their price objective on shares of 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. KeyCorp cut shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Finally, Morgan Stanley boosted their price target on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research note on Friday, November 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,584.44.

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.