Corient Private Wealth LP Has $86.40 Million Position in Transdigm Group Incorporated $TDG

Corient Private Wealth LP cut its holdings in Transdigm Group Incorporated (NYSE:TDG) by 4.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 64,860 shares of the aerospace company’s stock after selling 3,338 shares during the period. Corient Private Wealth LP owned approximately 0.12% of Transdigm Group worth $86,396,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TDG. IFP Advisors Inc lifted its stake in Transdigm Group by 392.9% in the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock valued at $2,117,000 after buying an additional 1,269 shares during the period. DNB Asset Management AS boosted its holdings in shares of Transdigm Group by 11.6% during the 4th 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 in the last quarter. HighTower Advisors LLC grew its position in shares of Transdigm Group by 8.0% during the 4th 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 during the period. Capital Research Global Investors increased its stake in shares of 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, Pier 88 Investment Partners LLC acquired a new position in shares of Transdigm Group during the 4th quarter valued at $3,192,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director owned 21,548 shares in the company, valued at $26,204,091.84. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group 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 value of $4,831,164.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,459,536. The trade was a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 38,196 shares of company stock worth $48,027,598 in the last 90 days. Corporate insiders own 3.20% of the company’s stock.

Analysts Set New Price Targets

TDG has been the subject of a number of research reports. BMO Capital Markets raised their price target on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. UBS Group increased their price objective on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. Weiss Ratings downgraded Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Finally, BNP Paribas Exane dropped their price target on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research note on Thursday, May 14th. Six investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $1,463.71.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,207.28 on Thursday. The company has a 50-day moving average price of $1,263.86 and a 200-day moving average price of $1,243.80. The stock has a market capitalization of $67.52 billion, a P/E ratio of 36.63, a P/E/G ratio of 1.99 and a beta of 0.91. Transdigm Group Incorporated has a 1 year low of $1,123.61 and a 1 year high of $1,463.03.

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

Transdigm Group 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.