Pacer Advisors Inc. lowered its stake in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) by 34.7% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,928 shares of the aerospace company’s stock after selling 1,556 shares during the period. Pacer Advisors Inc.’s holdings in Transdigm Group were worth $3,393,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Family Legacy Inc. raised its holdings in shares of Transdigm Group by 0.3% during the fourth quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after purchasing an additional 8 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Transdigm Group by 17.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock worth $73,000 after purchasing an additional 8 shares during the last quarter. Patton Fund Management Inc. boosted its holdings in Transdigm Group by 5.7% in the fourth quarter. Patton Fund Management Inc. now owns 167 shares of the aerospace company’s stock worth $222,000 after purchasing an additional 9 shares during the last quarter. Fisher Asset Management LLC grew its position in Transdigm Group by 3.1% in the 4th quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock worth $398,000 after purchasing an additional 9 shares during the period. Finally, Root Financial Partners LLC raised its stake in Transdigm Group by 6.2% during the 4th quarter. Root Financial Partners LLC now owns 155 shares of the aerospace company’s stock valued at $206,000 after buying an additional 9 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on TDG. BMO Capital Markets increased their price target on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Jefferies Financial Group lifted their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Deutsche Bank Aktiengesellschaft upped their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. BNP Paribas Exane dropped their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. Finally, Susquehanna cut their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. Six investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, Transdigm Group presently has an average rating of “Hold” and a consensus price target of $1,472.80.
Insider Transactions at Transdigm Group
In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the transaction, the director owned 21,548 shares of the company’s stock, valued at $26,204,091.84. The trade was a 31.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,596,408. This represents a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 38,196 shares of company stock valued at $47,135,464. Company insiders own 3.20% of the company’s stock.
Transdigm Group Price Performance
Shares of TDG stock opened at $1,258.60 on Friday. The company has a market cap of $70.39 billion, a price-to-earnings ratio of 38.19, a PEG ratio of 2.21 and a beta of 0.91. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,463.03. The firm has a fifty day moving average price of $1,271.81 and a 200-day moving average price of $1,261.20.
Transdigm Group (NYSE:TDG – Get Free Report) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.Transdigm Group’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same period last year, the firm earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Equities research analysts expect that Transdigm Group Incorporated will post 37.77 EPS for the current year.
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.
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