Clearstead Advisors LLC Has $3.26 Million Stock Position in Transdigm Group Incorporated $TDG

Clearstead Advisors LLC lessened its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 33.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,471 shares of the aerospace company’s stock after selling 1,267 shares during the quarter. Clearstead Advisors LLC’s holdings in Transdigm Group were worth $3,257,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TDG. Norges Bank acquired a new position in Transdigm Group during the 2nd quarter valued at about $1,275,035,000. Principal Financial Group Inc. raised its stake in shares of Transdigm Group by 18.3% during the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after buying an additional 367,756 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Transdigm Group by 5.3% in the second quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock valued at $10,178,995,000 after buying an additional 333,965 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Transdigm Group by 1,566.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 213,775 shares of the aerospace company’s stock valued at $325,075,000 after acquiring an additional 200,949 shares during the last quarter. Finally, Corient Private Wealth LLC grew its holdings in Transdigm Group by 94.6% during the 2nd quarter. Corient Private Wealth LLC now owns 136,898 shares of the aerospace company’s stock worth $208,284,000 after acquiring an additional 66,559 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Transdigm Group

In other news, CEO Michael Lisman purchased 950 shares of the company’s stock in a transaction on Friday, February 6th. The shares were purchased at an average price of $1,284.26 per share, with a total value of $1,220,047.00. Following the purchase, the chief executive officer directly owned 3,259 shares of the company’s stock, valued at $4,185,403.34. This trade represents a 41.14% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $1,429.92, for a total value of $5,576,688.00. Following the completion of the sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $5,147,712. This trade represents a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 224,441 shares of company stock valued at $307,525,909. Insiders own 3.20% of the company’s stock.

Transdigm Group Price Performance

NYSE:TDG opened at $1,294.98 on Wednesday. The business’s 50-day simple moving average is $1,350.52 and its 200-day simple moving average is $1,333.18. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The stock has a market capitalization of $73.13 billion, a PE ratio of 41.67, a price-to-earnings-growth ratio of 2.72 and a beta of 0.92.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 EPS for the quarter, topping the consensus estimate of $7.99 by $0.24. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period last year, the company posted $7.83 EPS. The business’s quarterly revenue was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. On average, research analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on TDG shares. Stifel Nicolaus cut their price target on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. Royal Bank Of Canada increased their target price on Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. UBS Group reduced their target price on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Morgan Stanley upped their price target on Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Finally, BMO Capital Markets lifted their price objective on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,584.44.

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.