Bristol John W & Co. Inc. NY Has $117.63 Million Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Bristol John W & Co. Inc. NY lessened its stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 2.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 92,818 shares of the aerospace company's stock after selling 2,027 shares during the quarter. TransDigm Group comprises about 1.9% of Bristol John W & Co. Inc. NY's holdings, making the stock its 21st biggest holding. Bristol John W & Co. Inc. NY owned 0.17% of TransDigm Group worth $117,626,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Capital Advisors Ltd. LLC raised its stake in shares of TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after purchasing an additional 16 shares during the period. Meeder Asset Management Inc. grew its stake in shares of TransDigm Group by 210.0% in the 4th quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock worth $39,000 after purchasing an additional 21 shares during the last quarter. CENTRAL TRUST Co grew its stake in shares of TransDigm Group by 280.0% in the 4th quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company's stock worth $72,000 after purchasing an additional 42 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of TransDigm Group in the fourth quarter worth about $73,000. Finally, Whipplewood Advisors LLC acquired a new stake in shares of TransDigm Group during the fourth quarter worth approximately $74,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

TransDigm Group Stock Up 0.5%

NYSE TDG traded up $7.51 during trading hours on Friday, hitting $1,468.19. 374,966 shares of the company were exchanged, compared to its average volume of 262,428. The stock has a 50-day moving average price of $1,377.21 and a 200 day moving average price of $1,331.12. TransDigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,488.54. The stock has a market cap of $82.46 billion, a PE ratio of 51.79, a price-to-earnings-growth ratio of 2.76 and a beta of 1.09.

TransDigm Group (NYSE:TDG - Get Free Report) last posted its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share for the quarter, topping analysts' consensus estimates of $8.83 by $0.28. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The company had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the prior year, the business earned $7.99 earnings per share. TransDigm Group's revenue was up 12.0% on a year-over-year basis. As a group, sell-side analysts anticipate that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TDG. Wells Fargo & Company boosted their target price on shares of TransDigm Group from $1,375.00 to $1,540.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Susquehanna boosted their target price on shares of 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. Truist Financial reduced their price target on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Wall Street Zen raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. Finally, UBS Group upped their price target on TransDigm Group from $1,451.00 to $1,645.00 and gave the company a "buy" rating in a research note on Wednesday, May 7th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, TransDigm Group has an average rating of "Moderate Buy" and a consensus price target of $1,492.36.

Insider Buying and Selling

In other TransDigm Group news, Director W Nicholas Howley sold 49,241 shares of the firm's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $1,475.85, for a total transaction of $72,672,329.85. Following the completion of the transaction, the director now owns 21,548 shares of the company's stock, valued at approximately $31,801,615.80. This trade represents a 69.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Joel Reiss sold 3,300 shares of the business's stock in a transaction dated Monday, April 21st. The shares were sold at an average price of $1,321.80, for a total value of $4,361,940.00. Following the sale, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at approximately $4,758,480. This trade represents a 47.83% decrease in their position. The disclosure for this sale can be found here. Insiders sold 149,713 shares of company stock valued at $208,099,857 in the last three months. 4.09% of the stock is owned by corporate insiders.

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.