Cornerstone Advisors LLC Purchases New Stake in Transdigm Group Incorporated $TDG

Cornerstone Advisors LLC purchased a new stake in shares of Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 9,657 shares of the aerospace company’s stock, valued at approximately $12,864,000.

A number of other large investors have also added to or reduced their stakes in TDG. Empowered Funds LLC boosted its holdings in shares of Transdigm Group by 5.0% during the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after purchasing an additional 65 shares during the period. Acadian Asset Management LLC increased its holdings in 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 purchasing an additional 131 shares during the period. NewEdge Advisors LLC raised its position in Transdigm Group by 152.9% during 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 last quarter. Sei Investments Co. raised its position in Transdigm Group by 25.4% during 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 last quarter. Finally, Treasurer of the State of North Carolina lifted its holdings in 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 buying an additional 902 shares during the period. Institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on TDG shares. Royal Bank Of Canada reduced their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating on the stock in a research note on Wednesday, May 6th. UBS Group raised their price target 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. Wall Street Zen cut shares of Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. BMO Capital Markets boosted 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. Finally, Stifel Nicolaus restated a “hold” rating and issued a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Six analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $1,463.71.

Transdigm Group Stock Performance

TDG stock opened at $1,237.18 on Tuesday. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,463.03. The company has a market capitalization of $69.20 billion, a price-to-earnings ratio of 37.54, a price-to-earnings-growth ratio of 2.10 and a beta of 0.91. The business’s 50 day moving average price is $1,272.49 and its two-hundred day moving average price is $1,251.38.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.68 billion. During the same quarter last year, the business posted $9.60 EPS. The firm’s revenue for the quarter 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. Sell-side analysts forecast that Transdigm Group Incorporated will post 38.81 earnings per share for the current year.

Insiders Place Their Bets

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the sale, the director owned 21,548 shares in the company, valued at approximately $26,204,091.84. This trade represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 24,164 shares of company stock valued at $30,670,445. 3.20% of the stock is owned by corporate insiders.

Transdigm Group Company 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.