Principal Financial Group Inc. Has $3.14 Billion Position in Transdigm Group Incorporated $TDG

Principal Financial Group Inc. raised its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 18.3% in the third quarter, Holdings Channel.com reports. The firm owned 2,379,816 shares of the aerospace company’s stock after purchasing an additional 367,756 shares during the period. Transdigm Group comprises 1.6% of Principal Financial Group Inc.’s portfolio, making the stock its 6th largest holding. Principal Financial Group Inc.’s holdings in Transdigm Group were worth $3,136,719,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Souders Financial Advisors increased its stake in Transdigm Group by 42.3% during the 3rd quarter. Souders Financial Advisors now owns 700 shares of the aerospace company’s stock valued at $923,000 after purchasing an additional 208 shares in the last quarter. Mutual Advisors LLC grew its stake in shares of Transdigm Group by 11.2% in the third quarter. Mutual Advisors LLC now owns 188 shares of the aerospace company’s stock worth $254,000 after acquiring an additional 19 shares during the period. UMB Bank n.a. raised its holdings in shares of Transdigm Group by 23.8% during the third quarter. UMB Bank n.a. now owns 432 shares of the aerospace company’s stock valued at $569,000 after purchasing an additional 83 shares during the last quarter. Hazlett Burt & Watson Inc. lifted its position in Transdigm Group by 7.8% during the third quarter. Hazlett Burt & Watson Inc. now owns 138 shares of the aerospace company’s stock valued at $181,000 after purchasing an additional 10 shares during the period. Finally, Everhart Financial Group Inc. boosted its holdings in Transdigm Group by 5.9% in the third quarter. Everhart Financial Group Inc. now owns 741 shares of the aerospace company’s stock worth $977,000 after purchasing an additional 41 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,429.40 on Friday. The firm has a 50-day simple moving average of $1,358.63 and a two-hundred day simple moving average of $1,364.20. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The company has a market cap of $80.69 billion, a P/E ratio of 44.56, a PEG ratio of 3.11 and a beta of 0.94.

Transdigm Group (NYSE:TDG) last issued its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. The business had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a negative return on equity of 31.91% and a net margin of 21.69%.Transdigm Group’s revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the company posted $9.83 EPS. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, equities research analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Analyst Upgrades and Downgrades

TDG has been the subject of a number of recent research reports. BMO Capital Markets boosted their price target on Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. UBS Group raised their target price on Transdigm Group from $1,798.00 to $1,804.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. BNP Paribas Exane assumed coverage on Transdigm Group in a report on Tuesday, November 18th. They set an “outperform” rating and a $1,775.00 price target for the company. Royal Bank Of Canada lifted their price objective on Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. Finally, Morgan Stanley upped their price target on shares of Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Transdigm Group currently has an average rating of “Moderate Buy” and a consensus target price of $1,597.00.

Insider Transactions at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated 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 transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,824,000. This represents a 52.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Kevin M. Stein sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $1,373.59, for a total transaction of $34,339,750.00. Following the transaction, the director owned 8,158 shares in the company, valued at $11,205,747.22. The trade was a 75.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 194,485 shares of company stock valued at $263,363,749. Corporate insiders own 4.09% of the company’s stock.

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.