Corient Private Wealth LP Purchases New Stake in Transdigm Group Incorporated $TDG

Corient Private Wealth LP purchased a new position in shares of Transdigm Group Incorporated (NYSE:TDG) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 65,369 shares of the aerospace company’s stock, valued at approximately $87,075,000. Corient Private Wealth LP owned about 0.12% of Transdigm Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. IFP Advisors Inc grew its holdings in shares of Transdigm Group by 392.9% during the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock valued at $2,117,000 after purchasing an additional 1,269 shares during the last quarter. DNB Asset Management AS lifted 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 worth $34,342,000 after purchasing an additional 2,685 shares during the last quarter. HighTower Advisors LLC lifted its holdings 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 purchasing an additional 1,281 shares during the last quarter. Capital Research Global Investors boosted its position in Transdigm Group by 12.2% during the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after purchasing an additional 268,824 shares during the period. Finally, Pier 88 Investment Partners LLC bought a new position in Transdigm Group during the 4th quarter worth $3,192,000. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Price Performance

Shares of Transdigm Group stock opened at $1,207.28 on Thursday. Transdigm Group Incorporated has a 1-year low of $1,123.61 and a 1-year high of $1,463.03. The business’s fifty day moving average price is $1,263.86 and its two-hundred day moving average price is $1,243.80. The company has a market capitalization of $67.52 billion, a P/E ratio of 36.63, a PEG ratio of 1.99 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 (EPS) for the quarter, topping the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion during 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 company’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, research analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TDG has been the topic of several analyst reports. Royal Bank Of Canada dropped 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 report on Wednesday, May 6th. JPMorgan Chase & Co. boosted their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Susquehanna dropped their price objective on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. 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 on the stock in a research report on Thursday, May 14th. Finally, BMO Capital Markets boosted their target price on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. 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.

Insider Transactions at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,459,536. This trade represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 10,132 shares of the firm’s 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 sale, the director directly owned 21,548 shares of the company’s stock, valued at $26,204,091.84. 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 sold a total of 38,196 shares of company stock valued at $48,027,598 in the last quarter. 3.20% of the stock is currently owned by insiders.

Transdigm Group Company Profile

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.