Praesidium Investment Management Company LLC Decreases Stock Holdings in Transdigm Group Incorporated $TDG

Praesidium Investment Management Company LLC lowered its position in Transdigm Group Incorporated (NYSE:TDG) by 16.9% during the 4th quarter, HoldingsChannel reports. The firm owned 26,200 shares of the aerospace company’s stock after selling 5,312 shares during the period. Transdigm Group comprises about 6.5% of Praesidium Investment Management Company LLC’s investment portfolio, making the stock its 7th biggest position. Praesidium Investment Management Company LLC’s holdings in Transdigm Group were worth $34,842,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new position in Transdigm Group in the fourth quarter valued at $1,025,591,000. Franklin Resources Inc. increased its stake in Transdigm Group by 161.7% in the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock valued at $626,704,000 after acquiring an additional 293,821 shares during the last quarter. Capital Research Global Investors increased its stake in Transdigm Group by 12.2% in the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after acquiring an additional 268,824 shares during the last quarter. Capital International Investors increased its stake in Transdigm Group by 4.1% in the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after acquiring an additional 254,750 shares during the last quarter. Finally, Temasek Holdings Private Ltd bought a new position in Transdigm Group in the fourth quarter valued at $193,544,000. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Performance

NYSE TDG opened at $1,255.58 on Friday. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,623.82. The stock has a 50 day simple moving average of $1,211.68 and a two-hundred day simple moving average of $1,277.80. The stock has a market cap of $70.22 billion, a P/E ratio of 39.19, a price-to-earnings-growth ratio of 2.20 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, beating the consensus estimate of $9.46 by $0.39. The business had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The business’s revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the firm posted $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Sell-side analysts predict that Transdigm Group Incorporated will post 37.82 earnings per share for the current year.

Insider Activity 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, May 18th. The stock was sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at approximately $25,444,309.36. The trade was a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,154,724. The trade was a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 42,096 shares of company stock worth $51,417,454. Insiders own 3.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Royal Bank Of Canada reduced their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. Wells Fargo & Company assumed coverage on Transdigm Group in a research note on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 target price on the stock. Stifel Nicolaus reduced their target price on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Wall Street Zen raised Transdigm Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Finally, TD Cowen reduced their target price on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,524.18.

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.