AMS Capital Ltda Takes Position in TransDigm Group Incorporated (NYSE:TDG)

AMS Capital Ltda acquired a new stake in shares of TransDigm Group Incorporated (NYSE:TDG) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,483 shares of the aerospace company’s stock, valued at approximately $4,971,000. TransDigm Group makes up approximately 0.9% of AMS Capital Ltda’s investment portfolio, making the stock its 15th biggest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Capital World Investors boosted its position in shares of TransDigm Group by 14.3% in the 1st quarter. Capital World Investors now owns 3,535,539 shares of the aerospace company’s stock worth $4,354,369,000 after purchasing an additional 442,182 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of TransDigm Group by 13.1% during the first quarter. JPMorgan Chase & Co. now owns 1,669,460 shares of the aerospace company’s stock valued at $2,056,109,000 after acquiring an additional 192,962 shares in the last quarter. Darsana Capital Partners LP purchased a new position in shares of TransDigm Group in the 2nd quarter valued at approximately $210,806,000. Vanguard Group Inc. boosted its stake in TransDigm Group by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 6,047,083 shares of the aerospace company’s stock worth $7,447,587,000 after purchasing an additional 58,243 shares in the last quarter. Finally, Point72 Asset Management L.P. grew its position in TransDigm Group by 2,868.8% during the 2nd quarter. Point72 Asset Management L.P. now owns 47,069 shares of the aerospace company’s stock worth $60,136,000 after purchasing an additional 48,769 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Insider Activity

In other news, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1,376.42, for a total transaction of $7,531,770.24. Following the transaction, the director now owns 21,548 shares in the company, valued at $29,659,098.16. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director W Nicholas Howley sold 5,472 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1,376.42, for a total value of $7,531,770.24. Following the transaction, the director now owns 21,548 shares of the company’s stock, valued at $29,659,098.16. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kevin M. Stein sold 10,000 shares of the business’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $1,228.24, for a total transaction of $12,282,400.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares in the company, valued at approximately $10,019,981.92. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 26,944 shares of company stock worth $35,823,485 over the last ninety days. Corporate insiders own 4.96% of the company’s stock.

TransDigm Group Trading Up 0.6 %

TDG traded up $8.14 during midday trading on Wednesday, hitting $1,358.55. 43,934 shares of the company traded hands, compared to its average volume of 215,321. TransDigm Group Incorporated has a 52-week low of $811.42 and a 52-week high of $1,451.32. The business has a 50 day simple moving average of $1,361.72 and a two-hundred day simple moving average of $1,306.48. The company has a market capitalization of $76.02 billion, a price-to-earnings ratio of 53.55, a PEG ratio of 1.88 and a beta of 1.43.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, August 6th. The aerospace company reported $9.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.77 by $1.23. The firm had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.01 billion. TransDigm Group had a negative return on equity of 66.70% and a net margin of 21.83%. The business’s revenue was up 17.3% on a year-over-year basis. During the same period in the previous year, the company posted $6.55 earnings per share. Equities research analysts anticipate that TransDigm Group Incorporated will post 30.71 earnings per share for the current year.

TransDigm Group Increases Dividend

The business also recently announced a special dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, October 4th were issued a dividend of $75.00 per share. This is a boost from TransDigm Group’s previous special dividend of $32.50. The ex-dividend date of this dividend was Friday, October 4th.

Analysts Set New Price Targets

Several equities research analysts have recently commented on TDG shares. UBS Group lowered their price objective on shares of TransDigm Group from $1,466.00 to $1,423.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft boosted their price target on TransDigm Group from $1,524.00 to $1,577.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Susquehanna lifted their target price on TransDigm Group from $1,200.00 to $1,250.00 and gave the stock a “neutral” rating in a report on Wednesday, August 7th. Northcoast Research initiated coverage on shares of TransDigm Group in a report on Thursday, August 1st. They issued a “neutral” rating on the stock. Finally, Truist Financial lifted their price objective on shares of TransDigm Group from $1,425.00 to $1,483.00 and gave the company a “buy” rating in a research note on Wednesday, July 17th. Eight research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,448.41.

TransDigm Group Company 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.