Transdigm Group Incorporated $TDG Shares Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC lessened its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 34.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,631 shares of the aerospace company’s stock after selling 866 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Transdigm Group were worth $1,766,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of TDG. BlackRock Inc. acquired a new position in Transdigm Group in the 2nd quarter valued at about $6,489,039,000. State Street Corp raised its holdings in Transdigm Group by 1.7% in the 2nd quarter. State Street Corp now owns 2,559,096 shares of the aerospace company’s stock valued at $3,408,818,000 after acquiring an additional 42,490 shares during the period. Soroban Capital Partners LP lifted its position in Transdigm Group by 14.5% during the first quarter. Soroban Capital Partners LP now owns 856,197 shares of the aerospace company’s stock worth $992,298,000 after acquiring an additional 108,227 shares during the last quarter. Stockbridge Partners LLC acquired a new stake in Transdigm Group during the second quarter worth approximately $578,480,000. Finally, Primecap Management Co. CA acquired a new stake in Transdigm Group during the second quarter worth approximately $546,425,000. Institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TDG shares. Royal Bank Of Canada reduced their price objective on Transdigm Group from $1,350.00 to $1,200.00 and set a “sector perform” rating for the company in a report on Thursday, October 15th. Guggenheim started coverage on Transdigm Group in a research note on Tuesday, September 15th. They set a “neutral” rating on the stock. Stifel Nicolaus reissued a “hold” rating and set a $1,405.00 price target (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Morgan Stanley reduced their price target on Transdigm Group from $1,400.00 to $1,300.00 and set an “equal weight” rating for the company in a research note on Monday. Finally, Wells Fargo & Company reduced their price target on Transdigm Group from $1,450.00 to $1,210.00 and set an “equal weight” rating for the company in a research note on Wednesday, September 30th. Five investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $1,428.40.

Insider Buying and Selling

In related news, COO Joel Reiss sold 4,100 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,060,944. This represents a 53.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director W. Howley sold 10,132 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the transaction, the director owned 21,548 shares in the company, valued at approximately $26,639,361.44. This trade represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 22,032 shares of company stock valued at $26,250,979. 3.20% of the stock is owned by company insiders.

Transdigm Group Stock Up 1.1%

Shares of Transdigm Group stock opened at $1,141.55 on Friday. Transdigm Group Incorporated has a twelve month low of $1,071.25 and a twelve month high of $1,463.03. The company has a 50-day simple moving average of $1,138.64 and a two-hundred day simple moving average of $1,206.58. The stock has a market capitalization of $63.85 billion, a price-to-earnings ratio of 34.63, a price-to-earnings-growth ratio of 1.62 and a beta of 0.96.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter in the previous year, the firm posted $9.60 EPS. The business’s revenue for the quarter was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, sell-side analysts anticipate that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.

Transdigm Group Profile

TransDigm Group Incorporated (NYSE: TDG) is a global aerospace manufacturing company that designs, produces and supplies aircraft components, systems and related products. Its portfolio includes mechanical and electrical systems, cockpit and cabin products, airframe components, power and control systems, engine components, and other specialized equipment used in commercial, business and general aviation, and military aircraft.

The company serves aircraft manufacturers, airlines, aircraft operators, maintenance providers and defense customers.