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

Pacer Advisors Inc. lessened its stake in Transdigm Group Incorporated (NYSE:TDG) by 34.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Transdigm Group in the fourth quarter worth $1,025,591,000. Capital Research Global Investors lifted its stake in Transdigm Group by 12.2% during the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after purchasing an additional 268,824 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Transdigm Group by 413.7% in the 1st quarter. The Manufacturers Life Insurance Company now owns 190,147 shares of the aerospace company’s stock worth $220,373,000 after purchasing an additional 153,131 shares in the last quarter. Temasek Holdings Private Ltd bought a new position in shares of Transdigm Group during the 4th quarter valued at about $193,544,000. Finally, Veritas Asset Management LLP bought a new position in shares of Transdigm Group during the 4th quarter valued at about $188,629,000. Institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on TDG shares. BMO Capital Markets lifted their price target on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Morgan Stanley cut shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. 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 report on Thursday, May 14th. UBS Group lifted their target price on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, Susquehanna lowered their price target 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. Six equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $1,472.80.

Insider Activity at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction dated 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 completion of 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 position. The transaction 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 stock in a transaction dated 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 directly owned 3,600 shares in the company, valued at $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 38,196 shares of company stock worth $47,135,464 in the last 90 days. 3.20% of the stock is currently owned by company insiders.

Transdigm Group Trading Up 0.3%

Shares of TDG opened at $1,258.60 on Friday. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,463.03. The firm’s 50-day moving average price is $1,271.81 and its 200-day moving average price is $1,261.20. The firm has a market capitalization 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 (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, beating the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The firm’s revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the company posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, research analysts forecast that Transdigm Group Incorporated will post 37.77 EPS 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.