Crossmark Global Holdings Inc. Has $4.28 Million Stock Holdings in Transdigm Group Incorporated (NYSE:TDG)

Crossmark Global Holdings Inc. boosted its stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 19.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,095 shares of the aerospace company's stock after buying an additional 511 shares during the period. Crossmark Global Holdings Inc.'s holdings in Transdigm Group were worth $4,281,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Proficio Capital Partners LLC boosted its position in shares of Transdigm Group by 125.9% during the 4th quarter. Proficio Capital Partners LLC now owns 576 shares of the aerospace company's stock valued at $730,000 after purchasing an additional 321 shares in the last quarter. Amundi boosted its position in shares of Transdigm Group by 213.5% during the 4th quarter. Amundi now owns 24,017 shares of the aerospace company's stock valued at $30,797,000 after purchasing an additional 16,355 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Transdigm Group by 7.7% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 38,676 shares of the aerospace company's stock valued at $49,013,000 after purchasing an additional 2,772 shares in the last quarter. Isthmus Partners LLC bought a new position in shares of Transdigm Group during the 4th quarter valued at about $208,000. Finally, Daiwa Securities Group Inc. boosted its position in shares of Transdigm Group by 7.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 7,469 shares of the aerospace company's stock valued at $9,465,000 after purchasing an additional 531 shares in the last quarter. Institutional investors own 95.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on TDG. The Goldman Sachs Group raised 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 report on Monday, June 23rd. UBS Group upped their price objective on shares of 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. Susquehanna upped their price objective 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. KeyCorp upped their price objective on shares of Transdigm Group from $1,500.00 to $1,700.00 and gave the company an "overweight" rating in a research note on Wednesday, July 2nd. Finally, Stifel Nicolaus assumed coverage on shares of Transdigm Group in a research note on Tuesday, June 24th. They set a "buy" rating and a $1,710.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $1,561.80.

Transdigm Group Stock Performance

Shares of NYSE TDG traded up $1.24 during mid-day trading on Friday, reaching $1,540.77. The company had a trading volume of 175,320 shares, compared to its average volume of 261,818. The stock has a fifty day moving average of $1,453.53 and a two-hundred day moving average of $1,373.69. The company has a market capitalization of $86.54 billion, a price-to-earnings ratio of 52.02, a PEG ratio of 3.12 and a beta of 1.04. Transdigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,553.85.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly 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 business had revenue of $2.15 billion during the quarter, compared to analyst estimates 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 prior year, the firm earned $7.99 earnings per share. Sell-side analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Robert J. Small sold 45,700 shares of the firm's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $1,425.01, for a total transaction of $65,122,957.00. Following the transaction, the director owned 88,419 shares of the company's stock, valued at approximately $125,997,959.19. This trade represents a 34.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, April 14th. The shares were 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 directly owned 8,158 shares in the company, valued at approximately $10,846,958.38. The trade was a 71.03% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 142,149 shares of company stock valued at $202,651,767. 4.09% of the stock is currently owned by company insiders.

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.