Securian Asset Management Inc. Trims Stock Holdings in Transdigm Group Incorporated $TDG

Securian Asset Management Inc. cut its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 44.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,531 shares of the aerospace company’s stock after selling 1,212 shares during the quarter. Securian Asset Management Inc.’s holdings in Transdigm Group were worth $2,036,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in Transdigm Group by 1.8% during the third quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock worth $8,982,225,000 after buying an additional 121,049 shares during the period. Capital International Investors lifted its position in Transdigm Group by 4.1% during the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after buying an additional 254,750 shares during the period. State Street Corp lifted its position in Transdigm Group by 1.9% during the third quarter. State Street Corp now owns 2,388,838 shares of the aerospace company’s stock worth $3,148,536,000 after buying an additional 45,550 shares during the period. Principal Financial Group Inc. raised its holdings in shares of 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 purchasing an additional 367,756 shares during the period. Finally, Capital Research Global Investors raised its holdings in shares of Transdigm Group by 10.2% in the 3rd quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock worth $2,909,850,000 after purchasing an additional 203,997 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $1,265.06, for a total value of $12,817,587.92. Following the completion of the sale, the director owned 21,548 shares in the company, valued at approximately $27,259,512.88. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $1,280.46, for a total value of $4,993,794.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,609,656. This trade represents a 52.00% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 38,232 shares of company stock valued at $48,248,925. Insiders own 3.20% of the company’s stock.

Transdigm Group Stock Performance

TDG stock opened at $1,200.58 on Tuesday. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,623.82. The firm has a market cap of $67.15 billion, a P/E ratio of 37.47, a price-to-earnings-growth ratio of 2.42 and a beta of 0.90. The stock has a 50-day simple moving average of $1,213.94 and a 200-day simple moving average of $1,294.29.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $2.47 billion. During the same quarter last year, the firm earned $9.11 earnings per share. The company’s revenue for the quarter was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, equities research analysts predict that Transdigm Group Incorporated will post 36.71 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TDG. Wells Fargo & Company began coverage on Transdigm Group in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 price objective on the stock. BMO Capital Markets cut their price objective on Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating on the stock in a report on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft raised their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. TD Cowen cut their price objective on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Finally, Stifel Nicolaus cut their price objective on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,521.24.

Transdigm Group 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.