Edmond DE Rothschild Holding S.A. Grows Position in TransDigm Group Incorporated (NYSE:TDG)

Edmond DE Rothschild Holding S.A. grew its stake in TransDigm Group Incorporated (NYSE:TDG) by 105.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 288 shares of the aerospace company’s stock after buying an additional 148 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in TransDigm Group were worth $365,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Public Sector Pension Investment Board increased its holdings in TransDigm Group by 13.9% in the 3rd quarter. Public Sector Pension Investment Board now owns 2,453 shares of the aerospace company’s stock worth $3,501,000 after acquiring an additional 300 shares in the last quarter. Captrust Financial Advisors boosted its position in shares of TransDigm Group by 0.8% in the third quarter. Captrust Financial Advisors now owns 2,449 shares of the aerospace company’s stock worth $3,494,000 after purchasing an additional 20 shares during the period. Erste Asset Management GmbH purchased a new stake in shares of TransDigm Group in the third quarter worth $29,000. Benjamin Edwards Inc. bought a new stake in shares of TransDigm Group during the 3rd quarter valued at $1,550,000. Finally, Ascent Group LLC boosted its holdings in TransDigm Group by 2.1% in the 3rd quarter. Ascent Group LLC now owns 1,039 shares of the aerospace company’s stock worth $1,483,000 after buying an additional 21 shares during the period. Institutional investors own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. 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. StockNews.com downgraded TransDigm Group from a “buy” rating to a “hold” rating in a research note on Monday. Citigroup increased their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Wells Fargo & Company boosted their target price on shares of TransDigm Group from $1,500.00 to $1,580.00 and gave the stock an “overweight” rating in a report on Tuesday, March 25th. Finally, Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a “buy” rating to a “hold” rating and cut their target price for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,477.18.

Insider Activity at TransDigm Group

In related news, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the completion of the sale, the director now directly owns 21,548 shares in the company, valued at $27,942,799.96. The trade was a 20.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Robert J. Small sold 1,000 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $1,335.22, for a total transaction of $1,335,220.00. Following the completion of the sale, the director now owns 95,147 shares of the company’s stock, valued at approximately $127,042,177.34. This represents a 1.04 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 124,594 shares of company stock worth $165,646,468 in the last 90 days. 4.09% of the stock is owned by corporate insiders.

TransDigm Group Stock Performance

TDG opened at $1,395.22 on Wednesday. The stock’s 50 day moving average price is $1,344.78 and its 200-day moving average price is $1,330.16. TransDigm Group Incorporated has a one year low of $1,176.31 and a one year high of $1,451.32. The stock has a market cap of $78.25 billion, a price-to-earnings ratio of 49.21, a P/E/G ratio of 2.76 and a beta of 1.38.

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. The business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business’s revenue was up 12.1% compared to the same quarter last year. During the same quarter last year, the firm posted $7.16 earnings per share. As a group, analysts predict that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

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.