Asset Management One Co. Ltd. Has $42.69 Million Stock Position in Transdigm Group Incorporated (NYSE:TDG)

Asset Management One Co. Ltd. raised its stake in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 7.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 30,864 shares of the aerospace company's stock after buying an additional 2,228 shares during the quarter. Asset Management One Co. Ltd. owned about 0.06% of Transdigm Group worth $42,694,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of TDG. Bruce G. Allen Investments LLC lifted its stake in Transdigm Group by 111.1% in the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock valued at $26,000 after acquiring an additional 10 shares in the last quarter. Capital Advisors Ltd. LLC grew its stake in Transdigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after buying an additional 16 shares during the last quarter. Park Square Financial Group LLC bought a new position in shares of Transdigm Group during the fourth quarter worth approximately $32,000. Meeder Asset Management Inc. lifted its holdings in shares of Transdigm Group by 210.0% during the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock worth $39,000 after buying an additional 21 shares in the last quarter. Finally, Whipplewood Advisors LLC bought a new stake in Transdigm Group in the 4th quarter valued at about $74,000. Institutional investors own 95.78% of the company's stock.

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 49,241 shares of the stock in a transaction that occurred on Monday, May 5th. The stock was sold at an average price of $1,475.85, for a total value of $72,672,329.85. Following the completion of the sale, the director now owns 21,548 shares in the company, valued at approximately $31,801,615.80. This trade represents a 69.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Sarah Wynne sold 1,800 shares of the firm's stock in a transaction on Friday, June 13th. The stock was sold at an average price of $1,450.00, for a total value of $2,610,000.00. Following the completion of the sale, the chief financial officer now directly owns 3,400 shares of the company's stock, valued at $4,930,000. The trade was a 34.62% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 142,149 shares of company stock worth $202,651,767. 4.09% of the stock is currently owned by insiders.

Transdigm Group Stock Up 0.3%

Transdigm Group stock opened at $1,474.81 on Wednesday. The stock has a market cap of $82.84 billion, a price-to-earnings ratio of 49.79, a PEG ratio of 3.14 and a beta of 1.05. The business has a 50-day simple moving average of $1,416.31 and a 200 day simple moving average of $1,351.99. Transdigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,488.54.

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

Wall Street Analysts Forecast Growth

Several research firms have commented on TDG. Wells Fargo & Company raised their target price on shares of Transdigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Wall Street Zen upgraded shares of Transdigm Group from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Northcoast Research raised Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price on the stock in a report on Wednesday, April 9th. The Goldman Sachs Group upped their price objective on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the company a "buy" rating in a research note on Monday. Finally, Stifel Nicolaus started coverage on Transdigm Group in a report on Tuesday. They issued a "buy" rating and a $1,710.00 target price for the company. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $1,532.47.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.