PCM Encore LLC Buys Shares of 466 Transdigm Group Incorporated $TDG

PCM Encore LLC bought a new position in Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 466 shares of the aerospace company’s stock, valued at approximately $620,000.

A number of other large investors have also made changes to their positions in TDG. IFP Advisors Inc raised its position in Transdigm Group by 392.9% during the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock valued at $2,117,000 after purchasing an additional 1,269 shares during the period. DNB Asset Management AS boosted its holdings in shares of Transdigm Group by 11.6% in the 4th quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company’s stock worth $34,342,000 after purchasing an additional 2,685 shares during the period. HighTower Advisors LLC increased its position in shares of Transdigm Group by 8.0% during the 4th quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company’s stock valued at $22,914,000 after purchasing an additional 1,281 shares during the last quarter. Capital Research Global Investors increased its position in shares of Transdigm Group by 12.2% during the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after purchasing an additional 268,824 shares during the last quarter. Finally, Pier 88 Investment Partners LLC purchased a new stake in Transdigm Group during the 4th quarter valued at $3,192,000. 95.78% of the stock is currently owned by institutional investors.

Insider Activity at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,459,536. This represents a 52.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction on Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the transaction, the director directly owned 21,548 shares in the company, valued at $26,204,091.84. The trade was a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 38,196 shares of company stock worth $48,027,598. 3.20% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on TDG shares. Susquehanna dropped their price objective on shares of 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. BNP Paribas Exane reduced their target price on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Morgan Stanley lowered Transdigm Group from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Royal Bank Of Canada reduced their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a report on Wednesday, May 6th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, Transdigm Group has an average rating of “Hold” and an average target price of $1,463.71.

Transdigm Group Price Performance

Shares of TDG opened at $1,182.57 on Friday. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,463.03. The company has a 50-day moving average of $1,270.77 and a 200 day moving average of $1,247.02. The firm has a market capitalization of $66.14 billion, a price-to-earnings ratio of 35.88, a PEG ratio of 2.04 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last issued 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. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same period in the prior year, the firm earned $9.60 EPS. The company’s revenue for the quarter was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, equities analysts anticipate that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.

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.