Prime Capital Investment Advisors LLC decreased its position in Transdigm Group Incorporated (NYSE:TDG – Free Report) by 34.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,631 shares of the aerospace company’s stock after selling 866 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Transdigm Group were worth $1,766,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Burkett Financial Services LLC acquired a new stake in shares of Transdigm Group in the second quarter valued at approximately $25,000. Western Wealth Management LLC acquired a new position in Transdigm Group during the first quarter worth $30,000. Meeder Asset Management Inc. acquired a new position in Transdigm Group during the second quarter worth $31,000. Trust Co. of Vermont bought a new position in Transdigm Group in the second quarter valued at $33,000. Finally, Financial Life Planners bought a new position in Transdigm Group in the first quarter valued at $34,000. Institutional investors own 95.78% of the company’s stock.
Insider Transactions at Transdigm Group
In other Transdigm Group news, COO Joel Reiss sold 4,100 shares of the company’s 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 value of $4,624,964.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,060,944. This represents a 53.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director W. Howley sold 10,132 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the completion of the sale, the director owned 21,548 shares in the company, valued at $26,639,361.44. This represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,032 shares of company stock valued at $26,250,979 in the last quarter. 3.20% of the stock is currently owned by corporate insiders.
Transdigm Group Trading Up 1.1%
NYSE TDG opened at $1,141.55 on Friday. The firm’s fifty day moving average price is $1,138.64 and its two-hundred day moving average price is $1,206.58. Transdigm Group Incorporated has a 1 year low of $1,071.25 and a 1 year high of $1,463.03. The firm has a market capitalization of $63.85 billion, a P/E ratio of 34.63, a price-to-earnings-growth ratio of 1.62 and a beta of 0.96.
Transdigm Group (NYSE:TDG – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company’s quarterly revenue was up 22.5% on a year-over-year basis. During the same quarter last year, the firm posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, research analysts anticipate that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently commented on the stock. UBS Group increased their price objective on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. BMO Capital Markets lowered their target price on Transdigm Group from $1,525.00 to $1,400.00 and set an “outperform” rating on the stock in a research report on Monday, September 28th. Guggenheim initiated coverage on Transdigm Group in a report on Tuesday, September 15th. They set a “neutral” rating on the stock. TD Cowen reduced their price target on Transdigm Group from $1,450.00 to $1,300.00 and set a “buy” rating for the company in a research report on Friday, October 9th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $1,405.00 price target (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Five research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $1,428.40.
Read Our Latest Report on Transdigm Group
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.
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