TransDigm Group Incorporated (NYSE:TDG) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in TransDigm Group Incorporated (NYSE:TDG) by 1.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,270,803 shares of the aerospace company’s stock after acquiring an additional 79,284 shares during the period. Vanguard Group Inc. owned approximately 0.11% of TransDigm Group worth $7,946,863,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Erste Asset Management GmbH acquired a new position in shares of TransDigm Group in the 3rd quarter worth approximately $29,000. Capital Advisors Ltd. LLC grew its position in shares of TransDigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 16 shares in the last quarter. Trust Co. of Vermont grew its position in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 15 shares in the last quarter. Versant Capital Management Inc grew its position 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 in the last quarter. Finally, Sachetta LLC grew its position in shares of TransDigm Group by 105.9% in the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock worth $44,000 after acquiring an additional 18 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

TransDigm Group Stock Performance

TDG opened at $1,344.17 on Monday. TransDigm Group Incorporated has a one year low of $1,176.31 and a one year high of $1,451.32. The stock’s fifty day moving average is $1,335.17 and its 200-day moving average is $1,327.15. The company has a market capitalization of $75.39 billion, a PE ratio of 47.41, a P/E/G ratio of 2.76 and a beta of 1.38.

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

Wall Street Analyst Weigh In

Several brokerages have recently commented on TDG. Citigroup lifted their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a “buy” rating to a “hold” rating and cut their price target for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. UBS Group raised TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price target on the stock in a report on Monday, February 24th. Truist Financial raised their price target on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Finally, Barclays reissued an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,472.47.

Insider Transactions at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $1,360.04, for a total value of $4,080,120.00. Following the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,896,144. The trade was a 45.45 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Robert J. Small sold 40,000 shares of TransDigm Group stock in a transaction on Thursday, March 6th. The stock was sold at an average price of $1,345.81, for a total value of $53,832,400.00. Following the completion of the transaction, the director now owns 98,185 shares in the company, valued at $132,138,354.85. The trade was a 28.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 124,594 shares of company stock valued at $165,646,468. Corporate insiders own 4.09% of the company’s stock.

TransDigm Group Profile

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.