By otakuyassine3@gmail.com 
McHugh Group LLC purchased a new stake in shares of TransDigm Group Incorporated (NYSE:TDG – Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,010 shares of the aerospace company’s stock, valued at approximately $1,280,000. TransDigm Group makes up 1.0% of McHugh Group LLC’s holdings, making the stock its 19th biggest holding.
A number of other large investors have also added to or reduced their stakes in TDG. First Personal Financial Services bought a new position in TransDigm Group during the third quarter valued at $29,000. Erste Asset Management GmbH purchased a new position in shares of TransDigm Group during the 3rd quarter worth about $29,000. Trust Co. of Vermont grew its holdings in TransDigm Group by 150.0% during the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 15 shares during the last quarter. Versant Capital Management Inc raised its position in 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 period. Finally, DT Investment Partners LLC lifted its stake in TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 11 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.
Insiders Place Their Bets
In other TransDigm Group news, Director Robert J. Small sold 38,053 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the sale, the director now owns 567,323 shares of the company’s stock, valued at approximately $708,461,615.94. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $1,359.06, for a total transaction of $4,077,180.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,892,616. This represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 89,525 shares of company stock valued at $112,769,801. 4.09% of the stock is currently owned by insiders.
TransDigm Group Trading Down 1.2 %
TDG opened at $1,292.03 on Thursday. TransDigm Group Incorporated has a 12 month low of $1,100.86 and a 12 month high of $1,451.32. The stock has a fifty day moving average price of $1,291.32 and a 200-day moving average price of $1,314.15. The firm has a market cap of $72.41 billion, a price-to-earnings ratio of 50.47, a PEG ratio of 3.06 and a beta of 1.40.
TransDigm Group (NYSE:TDG – Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating the consensus estimate of $6.73 by $0.84. TransDigm Group had a net margin of 19.93% and a negative return on equity of 50.40%. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the firm posted $7.16 earnings per share. The company’s quarterly revenue was up 12.1% on a year-over-year basis. On average, equities research analysts forecast that TransDigm Group Incorporated will post 34.11 EPS for the current year.
Wall Street Analyst Weigh In
TDG has been the topic of several recent analyst reports. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Barclays reiterated an “equal weight” rating and issued a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. KeyCorp boosted their target price on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Truist Financial raised their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a research report on Monday, October 14th. Eight investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, TransDigm Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,455.00.
Get Our Latest Analysis on TDG
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.
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