PCM Encore LLC Takes $620,000 Position in Transdigm Group Incorporated $TDG

PCM Encore LLC purchased a new position in Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 466 shares of the aerospace company’s stock, valued at approximately $620,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. IFP Advisors Inc lifted its holdings in Transdigm Group by 392.9% during the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock worth $2,117,000 after buying an additional 1,269 shares during the period. DNB Asset Management AS increased 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 valued at $34,342,000 after acquiring an additional 2,685 shares during the period. HighTower Advisors LLC raised its position in shares of Transdigm Group by 8.0% in the 4th quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company’s stock worth $22,914,000 after acquiring an additional 1,281 shares in the last quarter. Capital Research Global Investors raised its position in shares of Transdigm Group by 12.2% in 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 acquiring an additional 268,824 shares in the last quarter. Finally, Pier 88 Investment Partners LLC purchased a new stake in shares of Transdigm Group during the 4th quarter worth $3,192,000. 95.78% of the stock is currently owned by institutional investors.

Insider Transactions at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,459,536. This trade represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at $26,639,361.44. This trade represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 38,196 shares of company stock worth $48,027,598 in the last 90 days. Insiders own 3.20% of the company’s stock.

Transdigm Group Price Performance

Transdigm Group stock opened at $1,182.57 on Friday. The stock 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 Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,463.03. The business has a fifty day moving average price of $1,270.77 and a 200-day moving average price of $1,247.02.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping the consensus estimate of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same period in the previous year, the business earned $9.60 EPS. The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, equities research analysts anticipate that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on TDG. Wall Street Zen downgraded Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Morgan Stanley downgraded shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Susquehanna decreased 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 report on Wednesday, May 6th. Weiss Ratings cut shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Finally, UBS Group lifted their price objective 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, August 5th. Six analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, Transdigm Group currently has an average rating of “Hold” and a consensus target price of $1,463.71.

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.