Eos Management L.P. Has $5.96 Million Holdings in Transdigm Group Incorporated (NYSE:TDG)

Eos Management L.P. lifted its holdings in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 53.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,309 shares of the aerospace company's stock after buying an additional 1,502 shares during the period. Transdigm Group makes up approximately 2.7% of Eos Management L.P.'s holdings, making the stock its 13th largest position. Eos Management L.P.'s holdings in Transdigm Group were worth $5,961,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in shares of Transdigm Group by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 6,270,803 shares of the aerospace company's stock valued at $7,946,863,000 after acquiring an additional 79,284 shares during the period. Capital World Investors raised its position in shares of Transdigm Group by 4.3% during the 4th quarter. Capital World Investors now owns 3,791,927 shares of the aerospace company's stock worth $4,805,434,000 after purchasing an additional 155,541 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of Transdigm Group by 10.4% during the 4th quarter. JPMorgan Chase & Co. now owns 2,204,649 shares of the aerospace company's stock worth $2,793,908,000 after purchasing an additional 206,822 shares during the last quarter. FMR LLC raised its position in shares of Transdigm Group by 0.3% during the 4th quarter. FMR LLC now owns 1,925,595 shares of the aerospace company's stock worth $2,440,268,000 after purchasing an additional 5,414 shares during the last quarter. Finally, Capital Research Global Investors raised its position in shares of Transdigm Group by 4.8% during the 4th quarter. Capital Research Global Investors now owns 1,911,128 shares of the aerospace company's stock worth $2,421,979,000 after purchasing an additional 87,309 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

Transdigm Group Stock Performance

Shares of NYSE:TDG traded up $18.55 during mid-day trading on Monday, hitting $1,561.59. The stock had a trading volume of 72,488 shares, compared to its average volume of 276,449. The company has a market cap of $87.71 billion, a PE ratio of 52.72, a P/E/G 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 $1,573.46. The company's 50 day moving average is $1,453.53 and its 200-day moving average is $1,374.70.

Transdigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, topping the consensus estimate 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 net margin of 21.09% and a negative return on equity of 38.71%. Transdigm Group's quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.99 EPS. On average, equities research analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insider Activity at Transdigm Group

In other Transdigm Group news, Director Sean P. Hennessy sold 4,700 shares of the business's stock in a transaction dated Tuesday, May 20th. The shares were sold at an average price of $1,436.52, for a total value of $6,751,644.00. Following the completion of the transaction, the director directly owned 33,713 shares of the company's stock, valued at approximately $48,429,398.76. The trade was a 12.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 49,241 shares of Transdigm Group 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 transaction of $72,672,329.85. Following the sale, the director 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 disclosure for this sale can be found here. Insiders sold 122,149 shares of company stock worth $176,059,567 in the last ninety days. Company insiders own 4.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on TDG shares. Susquehanna boosted their price objective on shares of Transdigm Group from $1,300.00 to $1,600.00 and gave the company a "neutral" rating in a research note on Monday. KeyCorp boosted 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. Wells Fargo & Company boosted 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 note on Thursday, May 8th. UBS Group boosted 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. Finally, Wall Street Zen raised shares of Transdigm Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,581.80.

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.