Praesidium Investment Management Company LLC Makes New Investment in Transdigm Group Incorporated $TDG

Praesidium Investment Management Company LLC acquired a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 8,081 shares of the aerospace company’s stock, valued at approximately $10,764,215,000. Transdigm Group accounts for approximately 5.0% of Praesidium Investment Management Company LLC’s holdings, making the stock its 10th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TDG. Advent International L.P. purchased a new position in Transdigm Group in the 2nd quarter worth approximately $1,365,000. Man Group plc purchased a new stake in shares of Transdigm Group during the 2nd quarter valued at $20,384,000. Invst LLC bought a new stake in shares of Transdigm Group during the 2nd quarter worth $252,000. Jupiter Topco LLC purchased a new position in Transdigm Group in the second quarter worth $10,128,000. Finally, Linonia Partnership LP purchased a new position in Transdigm Group in the second quarter worth $14,682,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Transdigm Group Stock Performance

NYSE TDG opened at $1,207.28 on Thursday. The stock has a market cap of $67.52 billion, a P/E ratio of 36.63, a price-to-earnings-growth ratio of 1.99 and a beta of 0.91. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,463.03. The stock has a 50 day simple moving average of $1,263.86 and a two-hundred day simple moving average of $1,243.80.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on TDG shares. Weiss Ratings cut Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. BMO Capital Markets increased their price target on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Jefferies Financial Group boosted their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Finally, BNP Paribas Exane cut their price objective on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Six analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $1,463.71.

Insiders Place Their Bets

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

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.