Catalyst Capital Advisors LLC Has $4.32 Million Holdings in Transdigm Group Incorporated (NYSE:TDG)

Catalyst Capital Advisors LLC decreased its position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 7.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,121 shares of the aerospace company's stock after selling 260 shares during the quarter. Catalyst Capital Advisors LLC's holdings in Transdigm Group were worth $4,317,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Lindbrook Capital LLC grew its stake in Transdigm Group by 3.6% in the fourth quarter. Lindbrook Capital LLC now owns 231 shares of the aerospace company's stock worth $293,000 after purchasing an additional 8 shares in the last quarter. Rothschild Investment LLC raised its position in shares of Transdigm Group by 13.1% during the 1st quarter. Rothschild Investment LLC now owns 69 shares of the aerospace company's stock valued at $95,000 after acquiring an additional 8 shares in the last quarter. Balefire LLC lifted its stake in Transdigm Group by 4.9% during the first quarter. Balefire LLC now owns 171 shares of the aerospace company's stock worth $237,000 after purchasing an additional 8 shares during the last quarter. Great Lakes Advisors LLC raised its holdings in shares of Transdigm Group by 0.3% during the fourth quarter. Great Lakes Advisors LLC now owns 2,938 shares of the aerospace company's stock worth $3,723,000 after purchasing an additional 9 shares during the period. Finally, AMG National Trust Bank lifted its position in shares of Transdigm Group by 5.1% in the 4th quarter. AMG National Trust Bank now owns 206 shares of the aerospace company's stock worth $261,000 after buying an additional 10 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on TDG. Susquehanna lifted their target price 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. Truist Financial cut their target price 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. Northcoast Research upgraded shares of 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. Wells Fargo & Company lifted their price objective on shares of Transdigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a research report on Thursday, May 8th. Finally, Stifel Nicolaus started coverage on shares of Transdigm Group in a research note on Tuesday, June 24th. They issued a "buy" rating and a $1,710.00 price target on the stock. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,545.80.

Transdigm Group Stock Up 0.7%

Transdigm Group stock traded up $11.04 during mid-day trading on Friday, hitting $1,522.69. The company's stock had a trading volume of 85,248 shares, compared to its average volume of 261,402. Transdigm Group Incorporated has a twelve month low of $1,176.31 and a twelve month high of $1,528.45. The stock's fifty day moving average price is $1,439.47 and its two-hundred day moving average price is $1,363.06. The stock has a market capitalization of $85.53 billion, a P/E ratio of 51.41, a P/E/G ratio of 3.25 and a beta of 1.04.

Transdigm Group (NYSE:TDG - Get Free Report) last announced its earnings results 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 for the quarter, compared to analyst estimates of $2.17 billion. Transdigm Group had a negative return on equity of 38.71% and a net margin of 21.09%. Transdigm Group's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $7.99 earnings per share. Equities analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Insider Buying and Selling at Transdigm Group

In related news, Director W Nicholas Howley sold 49,241 shares of the stock in a transaction dated 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 directly owned 21,548 shares of the company's stock, valued at approximately $31,801,615.80. This represents a 69.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert J. Small sold 45,700 shares of Transdigm Group stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $1,425.01, for a total value of $65,122,957.00. Following the transaction, the director directly owned 88,419 shares in the company, valued at approximately $125,997,959.19. This trade represents a 34.07% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 142,149 shares of company stock valued at $202,651,767 in the last ninety days. Company insiders own 4.09% of the company's stock.

Transdigm Group 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.