Integrated Investment Consultants LLC Takes $842,000 Position in Transdigm Group Incorporated (NYSE:TDG)

Key Points

• Integrated Investment Consultants LLC acquired a new stake in Transdigm Group, purchasing 609 shares valued at approximately $842,000 during the first quarter.
• Transdigm Group received multiple upgrades from analysts, including price target increases from firms like UBS and Citigroup, signaling strong investor confidence.
• Insider trading activity has been notable, with key executives selling significant shares, including CFO Sarah Wynne who sold 1,800 shares for $2.61 million.

Integrated Investment Consultants LLC purchased a new position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 609 shares of the aerospace company's stock, valued at approximately $842,000.

Other large investors have also made changes to their positions in the company. LPL Financial LLC increased its holdings in shares of Transdigm Group by 17.4% during the fourth quarter. LPL Financial LLC now owns 21,495 shares of the aerospace company's stock worth $27,240,000 after buying an additional 3,182 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in Transdigm Group by 9.4% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 90,895 shares of the aerospace company's stock valued at $115,942,000 after buying an additional 7,837 shares during the last quarter. UniSuper Management Pty Ltd boosted its position in Transdigm Group by 35.7% during the 4th quarter. UniSuper Management Pty Ltd now owns 4,036 shares of the aerospace company's stock worth $5,115,000 after buying an additional 1,061 shares during the period. Norges Bank bought a new stake in Transdigm Group during the 4th quarter worth approximately $973,353,000. Finally, New Age Alpha Advisors LLC acquired a new position in Transdigm Group in the 4th quarter valued at approximately $6,243,000. Institutional investors and hedge funds own 95.78% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. UBS Group increased their price objective on Transdigm Group from $1,451.00 to $1,645.00 and gave the company a "buy" rating in a report on Wednesday, May 7th. Truist Financial increased their price target on Transdigm Group from $1,553.00 to $1,730.00 and gave the company a "buy" rating in a research note on Friday, July 11th. Citigroup lifted their price objective on Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. Northcoast Research raised shares of Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price for the company in a research report on Wednesday, April 9th. Finally, 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. Four research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $1,606.47.

Transdigm Group Trading Down 0.1%

Shares of TDG traded down $2.01 during trading hours on Monday, reaching $1,605.44. The stock had a trading volume of 119,138 shares, compared to its average volume of 214,721. The company has a market capitalization of $90.18 billion, a price-to-earnings ratio of 54.20, a P/E/G ratio of 3.25 and a beta of 1.04. The firm has a 50-day simple moving average of $1,489.82 and a 200 day simple moving average of $1,396.89. Transdigm Group Incorporated has a 12 month low of $1,176.31 and a 12 month high of $1,617.45.

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 net margin of 21.09% and a negative return on equity of 38.71%. The company had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the prior year, the business posted $7.99 EPS. The firm's revenue was up 12.0% compared to the same quarter last year. On average, equities analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Insiders Place Their Bets

In related news, CFO Sarah Wynne sold 3,200 shares of the business's stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $1,452.15, for a total value of $4,646,880.00. Following the sale, the chief financial officer directly owned 3,400 shares in the company, valued at approximately $4,937,310. The trade was a 48.48% decrease in their position. 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 the stock in a transaction dated 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 transaction, the director owned 21,548 shares of the company's stock, valued at $31,801,615.80. This represents a 69.56% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 119,113 shares of company stock valued at $173,419,391 in the last quarter. 4.09% of the stock is currently owned by company 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.