280 Shares in Transdigm Group Incorporated (NYSE:TDG) Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. acquired a new position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 280 shares of the aerospace company's stock, valued at approximately $387,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bruce G. Allen Investments LLC boosted its position in shares of Transdigm Group by 111.1% during the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock worth $26,000 after buying an additional 10 shares during the period. Park Square Financial Group LLC acquired a new position in shares of Transdigm Group during the fourth quarter worth about $32,000. Meeder Asset Management Inc. boosted its position in Transdigm Group by 210.0% during the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock valued at $39,000 after purchasing an additional 21 shares during the last quarter. CVA Family Office LLC boosted its position in Transdigm Group by 123.1% during the first quarter. CVA Family Office LLC now owns 58 shares of the aerospace company's stock valued at $80,000 after purchasing an additional 32 shares during the last quarter. Finally, SBI Securities Co. Ltd. acquired a new position in Transdigm Group during the fourth quarter valued at approximately $77,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Transdigm Group news, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction on Monday, April 14th. The stock was sold at an average price of $1,329.61, for a total transaction of $26,592,200.00. Following the transaction, the chief executive officer owned 8,158 shares in the company, valued at $10,846,958.38. This trade represents a 71.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sean P. Hennessy sold 4,700 shares of the firm's stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of $1,436.52, for a total value of $6,751,644.00. Following the transaction, the director owned 33,713 shares in the company, valued at approximately $48,429,398.76. This trade represents a 12.24% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 142,149 shares of company stock worth $202,651,767. 4.09% of the stock is currently owned by insiders.

Transdigm Group Stock Performance

Shares of NYSE TDG traded up $5.13 during trading hours on Tuesday, reaching $1,529.36. 258,253 shares of the stock were exchanged, compared to its average volume of 280,141. The firm has a market capitalization of $85.90 billion, a price-to-earnings ratio of 51.63, a P/E/G ratio of 3.25 and a beta of 1.04. Transdigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,541.88. The stock's fifty day simple moving average is $1,444.85 and its 200 day simple moving average is $1,368.10.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, topping analysts' consensus estimates of $8.83 by $0.28. Transdigm Group had a negative return on equity of 38.71% and a net margin of 21.09%. The firm had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter last year, the company earned $7.99 EPS. The company's revenue was up 12.0% on a year-over-year basis. Research analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently commented on TDG. KeyCorp increased their price target on Transdigm Group from $1,500.00 to $1,700.00 and gave the company an "overweight" rating in a research report on Wednesday, July 2nd. Northcoast Research raised Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price target for the company in a research report on Wednesday, April 9th. Truist Financial dropped their price objective on Transdigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Stifel Nicolaus began coverage on Transdigm Group in a research note on Tuesday, June 24th. They issued a "buy" rating and a $1,710.00 price objective on the stock. Finally, Susquehanna upped their price objective on Transdigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research note on Wednesday, April 2nd. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Transdigm Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,545.80.

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.