Soroban Capital Partners LP Has $992.30 Million Stock Holdings in Transdigm Group Incorporated $TDG

Soroban Capital Partners LP grew its holdings in Transdigm Group Incorporated (NYSE:TDG) by 14.5% during the 1st quarter, Holdings Channel reports. The firm owned 856,197 shares of the aerospace company’s stock after purchasing an additional 108,227 shares during the period. Transdigm Group makes up approximately 1.9% of Soroban Capital Partners LP’s portfolio, making the stock its 5th biggest position. Soroban Capital Partners LP’s holdings in Transdigm Group were worth $992,298,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of TDG. Empowered Funds LLC boosted its stake in Transdigm Group by 5.0% in the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock valued at $1,898,000 after acquiring an additional 65 shares during the last quarter. Acadian Asset Management LLC raised its position in shares of Transdigm Group by 92.3% during the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock valued at $376,000 after acquiring an additional 131 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of Transdigm Group by 152.9% in the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock valued at $3,138,000 after purchasing an additional 1,248 shares during the period. Sei Investments Co. lifted its stake in shares of Transdigm Group by 25.4% in the 2nd quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock valued at $50,227,000 after purchasing an additional 6,697 shares during the period. Finally, Treasurer of the State of North Carolina boosted its position in shares of Transdigm Group by 3.6% in the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock worth $39,264,000 after purchasing an additional 902 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft lifted their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research note on Wednesday, May 6th. Jefferies Financial Group increased their target price on Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. Royal Bank Of Canada decreased their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Morgan Stanley cut Transdigm Group from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. Finally, JPMorgan Chase & Co. increased 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 research report on Monday, June 15th. Seven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $1,477.47.

Transdigm Group Stock Performance

Shares of TDG opened at $1,288.46 on Tuesday. The firm has a market cap of $72.06 billion, a P/E ratio of 40.21, a PEG ratio of 2.18 and a beta of 0.90. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,623.82. The firm’s 50 day moving average price is $1,263.69 and its two-hundred day moving average price is $1,268.76.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The company had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter in the prior year, the firm earned $9.11 earnings per share. The firm’s revenue was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, sell-side analysts anticipate that Transdigm Group Incorporated will post 37.77 earnings per share for the current fiscal year.

Insider Transactions at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,596,408. This represents a 52.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at $25,444,309.36. This represents a 31.98% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 28,064 shares of company stock valued at $34,814,142. Corporate 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.