TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB boosted its holdings in TransDigm Group Incorporated (NYSE:TDG) by 30.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 564 shares of the aerospace company’s stock after purchasing an additional 131 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in TransDigm Group were worth $715,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TDG. First Personal Financial Services acquired a new position in shares of TransDigm Group in the 3rd quarter valued at about $29,000. Erste Asset Management GmbH acquired a new position in TransDigm Group in the third quarter valued at approximately $29,000. Trust Co. of Vermont raised its position in shares of TransDigm Group by 150.0% during the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 15 shares during the period. Versant Capital Management Inc lifted its holdings 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 purchasing an additional 18 shares during the last quarter. Finally, DT Investment Partners LLC boosted its position in TransDigm Group by 68.8% during the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 11 shares during the period. Institutional investors own 95.78% of the company’s stock.

Insider Activity

In other news, CEO Kevin M. Stein sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $1,267.21, for a total transaction of $25,344,200.00. Following the sale, the chief executive officer now owns 8,158 shares in the company, valued at $10,337,899.18. The trade was a 71.03 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total transaction of $3,771,270.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at $4,525,524. This represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 89,525 shares of company stock worth $112,769,801. Insiders own 4.09% of the company’s stock.

TransDigm Group Stock Up 0.5 %

NYSE:TDG opened at $1,334.35 on Tuesday. TransDigm Group Incorporated has a 52-week low of $1,100.86 and a 52-week high of $1,451.32. The firm has a market cap of $74.83 billion, a P/E ratio of 47.07, a PEG ratio of 2.86 and a beta of 1.40. The business’s 50-day moving average price is $1,294.68 and its 200 day moving average price is $1,315.07.

TransDigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping analysts’ consensus estimates of $6.73 by $0.84. The business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same period in the previous year, the firm earned $7.16 EPS. Sell-side analysts expect that TransDigm Group Incorporated will post 34.11 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on TDG shares. Citigroup increased 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. KeyCorp increased their price objective on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and reduced their target price for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Barclays reaffirmed an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. Finally, Wells Fargo & Company upgraded TransDigm Group from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $1,375.00 to $1,500.00 in a research report on Friday. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,462.35.

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.