Transdigm Group Incorporated $TDG Shares Sold by Pragma Gestao DE Patrimonio Ltd.

Pragma Gestao DE Patrimonio Ltd. decreased its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 18.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,390 shares of the aerospace company’s stock after selling 2,110 shares during the period. Transdigm Group comprises 6.2% of Pragma Gestao DE Patrimonio Ltd.’s portfolio, making the stock its 3rd biggest holding. Pragma Gestao DE Patrimonio Ltd.’s holdings in Transdigm Group were worth $14,279,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of TDG. Arkadios Wealth Advisors bought a new stake in Transdigm Group in the first quarter valued at $203,000. Moors & Cabot Inc. boosted its stake in shares of Transdigm Group by 22.5% in the 1st quarter. Moors & Cabot Inc. now owns 299 shares of the aerospace company’s stock valued at $414,000 after purchasing an additional 55 shares in the last quarter. Argent Trust Co boosted its stake in shares of Transdigm Group by 20.6% in the 1st quarter. Argent Trust Co now owns 398 shares of the aerospace company’s stock valued at $551,000 after purchasing an additional 68 shares in the last quarter. iA Global Asset Management Inc. grew its holdings in shares of Transdigm Group by 17.6% in the 1st quarter. iA Global Asset Management Inc. now owns 26,175 shares of the aerospace company’s stock worth $36,208,000 after purchasing an additional 3,924 shares during the last quarter. Finally, Associated Banc Corp acquired a new stake in shares of Transdigm Group during the 1st quarter worth about $242,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Jefferies Financial Group decreased their price objective on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research note on Wednesday, September 17th. Zacks Research downgraded Transdigm Group from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Stifel Nicolaus dropped their price target on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a report on Thursday, November 13th. Truist Financial cut their price objective on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a research report on Wednesday, October 15th. Finally, Royal Bank Of Canada increased their target price on Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,576.29.

Transdigm Group Trading Down 0.8%

Transdigm Group stock opened at $1,344.00 on Wednesday. The company has a market cap of $75.69 billion, a PE ratio of 44.61, a PEG ratio of 3.25 and a beta of 1.02. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The company’s 50-day moving average is $1,311.05 and its two-hundred day moving average is $1,396.94.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, topping the consensus estimate of $10.33 by $0.49. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The company had revenue of $2.44 billion during the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the previous year, the company earned $9.83 EPS. Transdigm Group’s revenue was up 11.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Research analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Insider Activity at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $1,340.00, for a total value of $5,226,000.00. Following the transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,824,000. This represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Michael Lisman bought 1,954 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were bought at an average price of $1,339.14 per share, with a total value of $2,616,679.56. Following the completion of the transaction, the chief executive officer directly owned 1,954 shares in the company, valued at approximately $2,616,679.56. This trade represents a ? increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have sold 40,968 shares of company stock worth $54,279,308. 4.09% of the stock is owned by company insiders.

Transdigm Group Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.