Pacer Advisors Inc. Lowers Position in Transdigm Group Incorporated $TDG

Pacer Advisors Inc. decreased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 18.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 4,484 shares of the aerospace company’s stock after selling 1,024 shares during the quarter. Pacer Advisors Inc.’s holdings in Transdigm Group were worth $5,963,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Transdigm Group in the 4th quarter valued at $1,025,591,000. Franklin Resources Inc. increased its holdings in shares of Transdigm Group by 161.7% during the 3rd quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after buying an additional 293,821 shares during the last quarter. Capital Research Global Investors increased its holdings 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 worth $3,293,527,000 after buying an additional 268,824 shares during the last quarter. Capital International Investors raised its position in shares of Transdigm Group by 4.1% in the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after buying an additional 254,750 shares during the period. Finally, Temasek Holdings Private Ltd purchased a new position in shares of Transdigm Group in the 4th quarter worth $193,544,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on TDG. BMO Capital Markets lowered their price target on Transdigm Group from $1,550.00 to $1,450.00 and set an “outperform” rating for the company in a research report on Tuesday, March 31st. Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft lifted their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research note on Wednesday, May 6th. BNP Paribas Exane decreased their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Finally, Royal Bank Of Canada dropped their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Nine analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,513.56.

Insider Activity

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at $28,433,663.40. This trade represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,596,408. This represents a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 42,096 shares of company stock worth $52,625,524. Company insiders own 3.20% of the company’s stock.

Transdigm Group Trading Down 2.6%

Shares of NYSE TDG opened at $1,293.87 on Tuesday. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,623.82. The company has a market cap of $72.37 billion, a P/E ratio of 40.38, a P/E/G ratio of 2.31 and a beta of 0.91. The stock has a fifty day moving average price of $1,226.02 and a 200 day moving average price of $1,275.53.

Transdigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, beating the consensus estimate of $9.46 by $0.39. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The firm’s revenue was up 18.3% compared to the same quarter last year. During the same period last year, the company posted $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, sell-side analysts forecast that Transdigm Group Incorporated will post 37.99 EPS for the current fiscal 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.