TransDigm Group Incorporated (NYSE:TDG) is First Heartland Consultants Inc.'s Largest Position

First Heartland Consultants Inc. lifted its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 11,182.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,150 shares of the aerospace company's stock after buying an additional 38,803 shares during the quarter. TransDigm Group makes up about 4.8% of First Heartland Consultants Inc.'s holdings, making the stock its biggest holding. First Heartland Consultants Inc. owned 0.07% of TransDigm Group worth $49,614,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in TransDigm Group by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 6,270,803 shares of the aerospace company's stock valued at $7,946,863,000 after buying an additional 79,284 shares during the last quarter. Capital World Investors boosted its stake in TransDigm Group by 4.3% in 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 in the last quarter. JPMorgan Chase & Co. grew its position in TransDigm Group by 10.4% during the 4th quarter. JPMorgan Chase & Co. now owns 2,204,649 shares of the aerospace company's stock valued at $2,793,908,000 after purchasing an additional 206,822 shares during the last quarter. Principal Financial Group Inc. increased its stake in TransDigm Group by 9.6% during the 4th quarter. Principal Financial Group Inc. now owns 2,126,274 shares of the aerospace company's stock valued at $2,694,585,000 after purchasing an additional 185,422 shares in the last quarter. Finally, FMR LLC raised its holdings in TransDigm Group by 0.3% in the fourth quarter. FMR LLC now owns 1,925,595 shares of the aerospace company's stock worth $2,440,268,000 after buying an additional 5,414 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

TDG has been the topic of a number of recent analyst reports. UBS Group increased their price target on shares of TransDigm Group from $1,451.00 to $1,645.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. Wall Street Zen upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. Susquehanna lifted their target price on TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a report on Wednesday, April 2nd. Northcoast Research raised TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price target on the stock in a report on Wednesday, April 9th. Finally, Wells Fargo & Company lifted their price objective on TransDigm Group from $1,375.00 to $1,540.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, TransDigm Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,490.20.

TransDigm Group Stock Performance

Shares of NYSE TDG traded up $28.78 during midday trading on Monday, hitting $1,433.93. 430,436 shares of the company's stock traded hands, compared to its average volume of 261,355. The firm has a fifty day moving average of $1,368.69 and a 200 day moving average of $1,327.39. TransDigm Group Incorporated has a 1 year low of $1,176.31 and a 1 year high of $1,488.54. The stock has a market capitalization of $80.54 billion, a price-to-earnings ratio of 50.58, a price-to-earnings-growth ratio of 2.76 and a beta of 1.09.

TransDigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, beating the consensus estimate of $8.83 by $0.28. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The firm had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same period last year, the firm earned $7.99 EPS. The company's revenue was up 12.0% on a year-over-year basis. On average, equities analysts anticipate that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Insider Activity at TransDigm Group

In related news, Director W Nicholas Howley sold 49,241 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $1,475.85, for a total transaction of $72,672,329.85. Following the transaction, the director now directly owns 21,548 shares in the company, valued at approximately $31,801,615.80. This represents a 69.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert J. Small sold 40,000 shares of the firm's stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $1,345.81, for a total transaction of $53,832,400.00. Following the completion of the sale, the director now directly owns 98,185 shares of the company's stock, valued at approximately $132,138,354.85. The trade was a 28.95% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 149,713 shares of company stock valued at $208,099,857. 4.09% of the stock is owned by corporate insiders.

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.