CORDA Investment Management LLC. Purchases New Position in Transdigm Group Incorporated $TDG

CORDA Investment Management LLC. purchased a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,040 shares of the aerospace company’s stock, valued at approximately $1,385,000.

A number of other large investors have also recently made changes to their positions in the business. Ares Financial Consulting LLC purchased a new position in shares of Transdigm Group during the fourth quarter valued at approximately $25,000. Elyxium Wealth LLC purchased a new stake in Transdigm Group in the fourth quarter worth $25,000. Burkett Financial Services LLC bought a new stake in Transdigm Group in the second quarter valued at $25,000. MCF Advisors LLC boosted its holdings in Transdigm Group by 900.0% in the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 18 shares in the last quarter. Finally, Transamerica Financial Advisors LLC increased its position in shares of Transdigm Group by 1,900.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after buying an additional 19 shares during the period. 95.78% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the transaction, the director directly owned 21,548 shares in the company, valued at $25,444,309.36. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,596,408. The trade was a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 34,296 shares of company stock worth $42,634,513. Company insiders own 3.20% of the company’s stock.

Transdigm Group Stock Up 0.7%

TDG opened at $1,254.46 on Friday. The firm has a 50 day moving average price of $1,271.84 and a 200-day moving average price of $1,254.02. Transdigm Group Incorporated has a twelve month low of $1,123.61 and a twelve month high of $1,463.03. The stock has a market capitalization of $70.16 billion, a price-to-earnings ratio of 38.06, a PEG ratio of 2.10 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last issued its 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. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. During the same quarter last year, the company posted $9.60 earnings per share. The firm’s quarterly revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, analysts expect that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Analysts Set New Price Targets

TDG has been the topic of a number of recent research reports. Royal Bank Of Canada reduced their target price on shares of 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. Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. UBS Group increased their target price on Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Jefferies Financial Group raised their price target on Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research report on Wednesday, May 6th. Six research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Transdigm Group presently has a consensus rating of “Hold” and a consensus price target of $1,463.71.

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.