Cookson Peirce & Co. Inc. Has $2.48 Million Holdings in Transdigm Group Incorporated $TDG

Cookson Peirce & Co. Inc. increased its holdings in Transdigm Group Incorporated (NYSE:TDG) by 383.2% in the second quarter, HoldingsChannel reports. The firm owned 1,865 shares of the aerospace company’s stock after purchasing an additional 1,479 shares during the period. Cookson Peirce & Co. Inc.’s holdings in Transdigm Group were worth $2,484,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Elyxium Wealth LLC bought a new position in Transdigm Group during the fourth quarter valued at about $25,000. Burkett Financial Services LLC bought a new stake in shares of Transdigm Group during the 2nd quarter worth about $25,000. MCF Advisors LLC increased its holdings in shares of Transdigm Group by 900.0% during the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 18 shares during the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of Transdigm Group by 1,900.0% during the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 19 shares during the last quarter. Finally, Colonial Trust Co SC raised its stake in shares of Transdigm Group by 162.5% in the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 13 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on TDG. BMO Capital Markets upped their target price on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Weiss Ratings lowered shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Jefferies Financial Group boosted their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. Royal Bank Of Canada decreased their price objective on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a report on Wednesday, May 6th. Finally, Susquehanna lowered their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Transdigm Group currently has an average rating of “Hold” and an average price target of $1,463.71.

Insider Activity

In related news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the completion of the transaction, the director directly owned 21,548 shares in the company, valued at approximately $26,639,361.44. This represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Monday, August 17th. The stock was 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 approximately $4,459,536. This trade represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 38,196 shares of company stock valued at $48,027,598. 3.20% of the stock is owned by corporate insiders.

Transdigm Group Trading Down 0.2%

Shares of Transdigm Group stock opened at $1,184.14 on Friday. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,463.03. The company’s fifty day simple moving average is $1,257.95 and its 200-day simple moving average is $1,242.67. The company has a market cap of $66.23 billion, a price-to-earnings ratio of 35.93, a PEG ratio of 1.98 and a beta of 0.91.

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

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.