Prudential Financial Inc. Increases Stock Position in Transdigm Group Incorporated $TDG

Prudential Financial Inc. raised its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 8.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,532 shares of the aerospace company’s stock after acquiring an additional 2,668 shares during the period. Prudential Financial Inc.’s holdings in Transdigm Group were worth $49,469,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in TDG. Saudi Central Bank purchased a new position in shares of Transdigm Group during the 1st quarter worth approximately $30,000. Bank of Jackson Hole Trust raised its position in Transdigm Group by 84.6% in the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 11 shares during the period. Hantz Financial Services Inc. lifted its stake in Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares in the last quarter. Ameritas Advisory Services LLC purchased a new position in shares of Transdigm Group during the second quarter worth $47,000. Finally, NewSquare Capital LLC boosted its position in shares of Transdigm Group by 48.3% during the second quarter. NewSquare Capital LLC now owns 43 shares of the aerospace company’s stock worth $65,000 after buying an additional 14 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Transdigm Group Trading Down 0.9%

Transdigm Group stock opened at $1,334.59 on Tuesday. The company has a fifty day simple moving average of $1,303.08 and a 200-day simple moving average of $1,399.11. The stock has a market cap of $75.16 billion, a P/E ratio of 44.29, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82.

Transdigm Group (NYSE:TDG) last posted its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating the consensus estimate of $10.33 by $0.49. The firm had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.Transdigm Group’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, sell-side analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Buying and Selling at Transdigm Group

In other Transdigm Group news, COO Patrick Joseph Murphy sold 290 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $1,310.00, for a total transaction of $379,900.00. Following the sale, the chief operating officer owned 1,055 shares of the company’s stock, valued at approximately $1,382,050. This trade represents a 21.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $1,340.00, for a total transaction of $5,226,000.00. Following the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,824,000. This represents a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 31,869 shares of company stock worth $41,901,478. 4.09% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. UBS Group boosted their price objective on Transdigm Group from $1,738.00 to $1,798.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Stifel Nicolaus dropped their target price on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. JPMorgan Chase & Co. increased their price target on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a research report on Friday, November 14th. Royal Bank Of Canada raised their price objective on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,576.29.

About Transdigm Group

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.