Allspring Global Investments Holdings LLC Trims Holdings in Transdigm Group Incorporated $TDG

Allspring Global Investments Holdings LLC trimmed its holdings in Transdigm Group Incorporated (NYSE:TDG) by 37.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,331 shares of the aerospace company’s stock after selling 6,205 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Transdigm Group were worth $13,439,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Merit Financial Group LLC increased its stake in shares of Transdigm Group by 1.9% during the third quarter. Merit Financial Group LLC now owns 1,189 shares of the aerospace company’s stock valued at $1,567,000 after purchasing an additional 22 shares in the last quarter. Security National Bank bought a new stake in shares of Transdigm Group in the 3rd quarter worth approximately $53,000. Calamos Advisors LLC grew its stake in shares of Transdigm Group by 47.7% in the 3rd quarter. Calamos Advisors LLC now owns 10,046 shares of the aerospace company’s stock worth $13,241,000 after buying an additional 3,246 shares during the last quarter. Ascent Group LLC increased its position in Transdigm Group by 11.8% during the 3rd quarter. Ascent Group LLC now owns 1,481 shares of the aerospace company’s stock valued at $1,953,000 after buying an additional 156 shares in the last quarter. Finally, Legal Advantage Investments Inc. raised its stake in Transdigm Group by 5.4% during the third quarter. Legal Advantage Investments Inc. now owns 6,882 shares of the aerospace company’s stock valued at $9,071,000 after buying an additional 355 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Performance

TDG stock opened at $1,357.30 on Monday. The company has a market cap of $76.44 billion, a price-to-earnings ratio of 42.31, a P/E/G ratio of 3.00 and a beta of 0.94. The business’s 50-day moving average is $1,318.71 and its two-hundred day moving average is $1,376.27. 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 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. Transdigm Group had a net margin of 21.69% and a negative return on equity of 31.91%. The firm had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. During the same quarter in the prior year, the firm earned $9.83 EPS. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Equities analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Insider Buying and Selling at Transdigm Group

In other news, Director Robert J. Small sold 90,953 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the completion of the sale, the director directly owned 68,139 shares in the company, valued at $91,014,625.08. This represents a 57.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kevin M. Stein sold 17,526 shares of Transdigm Group stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $1,362.29, for a total value of $23,875,494.54. Following the transaction, the director owned 8,158 shares in the company, valued at $11,113,561.82. This trade represents a 68.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 147,311 shares of company stock valued at $197,017,517 over the last three months. Insiders own 4.09% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on TDG shares. Truist Financial cut their target price on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research note on Wednesday, October 15th. Susquehanna dropped their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a research note on Thursday, October 9th. Morgan Stanley raised their price objective on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. BNP Paribas Exane assumed coverage on shares of Transdigm Group in a report on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 target price for the company. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Transdigm Group presently has an average rating of “Moderate Buy” and an average target price of $1,590.56.

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.