Cornerstone Planning Group LLC Has $505,000 Stock Holdings in Transdigm Group Incorporated $TDG

Cornerstone Planning Group LLC boosted its stake in Transdigm Group Incorporated (NYSE:TDG) by 7,560.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 383 shares of the aerospace company’s stock after buying an additional 378 shares during the quarter. Cornerstone Planning Group LLC’s holdings in Transdigm Group were worth $505,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC bought a new stake in shares of Transdigm Group in the third quarter valued at approximately $26,000. Bank of Jackson Hole Trust lifted its holdings in shares of Transdigm Group by 84.6% in the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock worth $36,000 after acquiring an additional 11 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Transdigm Group by 1,250.0% in the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares during the last quarter. Ameritas Advisory Services LLC bought a new stake in shares of Transdigm Group in the 2nd quarter valued at about $47,000. Finally, Security National Bank purchased a new stake in Transdigm Group during the 3rd quarter valued at about $53,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Robert J. Small sold 90,953 shares of the company’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $1,335.72, for a total transaction of $121,487,741.16. Following the completion of the sale, the director directly owned 68,139 shares in the company, valued at $91,014,625.08. This represents a 57.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $1,340.00, for a total value of $5,226,000.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,824,000. This represents a 52.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 194,195 shares of company stock worth $262,983,849. 4.09% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

TDG has been the topic of a number of research analyst reports. Royal Bank Of Canada boosted their price target on Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. Truist Financial dropped their target price on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a report on Wednesday, October 15th. Zacks Research upgraded shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Stifel Nicolaus dropped their price objective on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,597.00.

Transdigm Group Price Performance

Shares of TDG stock opened at $1,435.37 on Tuesday. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The stock’s 50 day simple moving average is $1,360.65 and its two-hundred day simple moving average is $1,361.59. The company has a market cap of $81.03 billion, a PE ratio of 44.74, a price-to-earnings-growth ratio of 3.13 and a beta of 0.94.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating the consensus estimate of $10.33 by $0.49. The company had revenue of $2.44 billion for the quarter, compared to the consensus estimate of $2.40 billion. Transdigm Group had a net margin of 21.69% and a negative return on equity of 31.91%. The firm’s revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $9.83 EPS. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Equities research analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current year.

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.