Blair William & Co. IL Grows Position in TransDigm Group Incorporated (NYSE:TDG)

Blair William & Co. IL lifted its holdings in TransDigm Group Incorporated (NYSE:TDG) by 0.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 178,343 shares of the aerospace company’s stock after buying an additional 674 shares during the period. Blair William & Co. IL owned approximately 0.32% of TransDigm Group worth $226,011,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Erste Asset Management GmbH acquired a new position in shares of TransDigm Group during the 3rd quarter worth approximately $29,000. Capital Advisors Ltd. LLC lifted its position in TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after buying an additional 16 shares in the last quarter. Trust Co. of Vermont boosted its stake in TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after buying an additional 15 shares during the last quarter. Versant Capital Management Inc increased its stake in shares of TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 18 shares during the last quarter. Finally, Sachetta LLC raised its holdings in shares of TransDigm Group by 105.9% during the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock worth $44,000 after acquiring an additional 18 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, Director Robert J. Small sold 3,650 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $1,322.19, for a total value of $4,825,993.50. Following the transaction, the director now directly owns 15,539 shares in the company, valued at $20,545,510.41. This represents a 19.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total transaction of $7,095,925.44. Following the sale, the director now owns 21,548 shares of the company’s stock, valued at $27,942,799.96. This represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 124,594 shares of company stock worth $165,646,468 over the last ninety days. Corporate insiders own 4.09% of the company’s stock.

TransDigm Group Trading Up 0.1 %

Shares of NYSE TDG opened at $1,394.83 on Thursday. TransDigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,451.32. The stock has a market cap of $78.23 billion, a P/E ratio of 49.20, a PEG ratio of 2.76 and a beta of 1.38. The business’s fifty day simple moving average is $1,341.20 and its 200-day simple moving average is $1,328.69.

TransDigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping analysts’ consensus estimates of $6.73 by $0.84. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the firm earned $7.16 earnings per share. The business’s quarterly revenue was up 12.1% compared to the same quarter last year. On average, equities analysts forecast that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

TDG has been the subject of several recent analyst reports. UBS Group upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective for the company in a research report on Monday, February 24th. Barclays restated an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. Wells Fargo & Company upped their price objective on TransDigm Group from $1,500.00 to $1,580.00 and gave the company an “overweight” rating in a report on Tuesday. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Finally, Truist Financial upped their price target on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Six analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,477.18.

About TransDigm Group

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.