Cookson Peirce & Co. Inc. Has $42.57 Million Stock Position in Transdigm Group Incorporated $TDG

Cookson Peirce & Co. Inc. reduced its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 1.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,009 shares of the aerospace company’s stock after selling 582 shares during the quarter. Transdigm Group accounts for 1.8% of Cookson Peirce & Co. Inc.’s holdings, making the stock its 13th biggest holding. Cookson Peirce & Co. Inc.’s holdings in Transdigm Group were worth $42,567,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Ares Financial Consulting LLC acquired a new stake in shares of Transdigm Group during the 4th quarter worth $25,000. Elyxium Wealth LLC acquired a new stake in shares of Transdigm Group during the 4th quarter worth $25,000. MCF Advisors LLC grew its holdings in shares of Transdigm Group by 900.0% during the 4th quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 18 shares in the last quarter. Elevation Wealth Partners LLC grew its holdings in shares of Transdigm Group by 1,100.0% during the 4th quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 22 shares in the last quarter. Finally, Central Pacific Bank Trust Division lifted its position in shares of Transdigm Group by 44.4% during the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after buying an additional 8 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently weighed in on TDG shares. Wells Fargo & Company started coverage on Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price objective for the company. UBS Group dropped their price objective on Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Jefferies Financial Group upped their price objective on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft upped their price objective 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. Finally, BNP Paribas Exane dropped their price objective on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a research report on Thursday, May 14th. Ten equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,524.18.

Transdigm Group Price Performance

NYSE TDG opened at $1,241.05 on Friday. The stock has a market capitalization of $69.41 billion, a P/E ratio of 38.73, a P/E/G ratio of 2.17 and a beta of 0.91. The business has a 50 day simple moving average of $1,203.10 and a 200 day simple moving average of $1,281.43. Transdigm Group Incorporated has a one year low of $1,123.61 and a one year high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The firm’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same period in the previous year, the company posted $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Equities analysts expect that Transdigm Group Incorporated will post 37.82 earnings per share for the current year.

Insider Buying and Selling

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,154,724. The trade was a 52.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred 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 completion of the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $25,444,309.36. The trade was a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 42,096 shares of company stock valued at $51,417,454. 3.20% of the stock is currently 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.