Corient Private Wealth LP Sells 3,896 Shares of Transdigm Group Incorporated $TDG

Corient Private Wealth LP decreased its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 5.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 64,302 shares of the aerospace company’s stock after selling 3,896 shares during the period. Corient Private Wealth LP’s holdings in Transdigm Group were worth $85,654,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IFP Advisors Inc raised 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 worth $2,117,000 after acquiring an additional 1,269 shares during the period. DNB Asset Management AS boosted its position in shares of Transdigm Group by 11.6% during the fourth quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company’s stock worth $34,342,000 after buying an additional 2,685 shares during the period. HighTower Advisors LLC grew its holdings in shares of Transdigm Group by 8.0% during the fourth quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company’s stock worth $22,914,000 after buying an additional 1,281 shares in the last quarter. Capital Research Global Investors lifted its stake in Transdigm Group by 12.2% in 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 acquiring an additional 268,824 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Transdigm Group in the fourth quarter valued at approximately $1,025,591,000. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director W. Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $26,639,361.44. This trade represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on 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 transaction, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,459,536. This represents a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 38,196 shares of company stock valued at $48,027,598. 3.20% of the stock is currently owned by insiders.

Transdigm Group Trading Up 1.0%

NYSE TDG opened at $1,138.09 on Friday. The company has a market cap of $63.66 billion, a price-to-earnings ratio of 34.53, a PEG ratio of 1.87 and a beta of 0.91. The company has a 50 day moving average of $1,223.23 and a 200-day moving average of $1,231.51. Transdigm Group Incorporated has a 1-year low of $1,119.62 and a 1-year high of $1,463.03.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate 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 was up 22.5% compared to the same quarter last year. During the same period in the prior year, the company posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, equities research analysts forecast that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Analysts Set New Price Targets

TDG has been the subject of a number of analyst reports. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. boosted their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. BMO Capital Markets lifted their price objective 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. Stifel Nicolaus reaffirmed a “hold” rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Finally, UBS Group raised their target price on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Six 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, the stock currently has an average rating of “Hold” and a consensus price target of $1,463.71.

Transdigm Group Company Profile

TransDigm Group Incorporated (NYSE: TDG) designs, produces and supplies aircraft components, systems and related aftermarket services. The company focuses primarily on proprietary aerospace products, including mechanical and electromechanical actuators, ignition systems, pumps, valves, sensors, cockpit and data-acquisition systems, power-conditioning equipment, lighting, lavatory components, seat belts and cargo-loading systems.

TransDigm serves commercial and regional airlines, business and general aviation operators, aircraft manufacturers and military customers.