Investidor Profissional Gestao de Recursos Ltda. Has $14.50 Million Holdings in Transdigm Group Incorporated (NYSE:TDG)

Key Points

• Investidor Profissional Gestao de Recursos Ltda. has increased its holdings in Transdigm Group by 8.6%, now owning $14.50 million worth of the company's stock, making it the second largest position in their portfolio.
• Institutional ownership of Transdigm Group is significant, with 95.78% of shares held by institutional investors, including a substantial increase in holdings from Capital World Investors and others.
• Transdigm has received several positive ratings from analysts, with an average target price revised to $1,606.47 and a consensus rating of "Moderate Buy" following recent research reports.

Investidor Profissional Gestao de Recursos Ltda. lifted its position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 8.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,483 shares of the aerospace company's stock after purchasing an additional 834 shares during the period. Transdigm Group accounts for about 9.3% of Investidor Profissional Gestao de Recursos Ltda.'s holdings, making the stock its 2nd biggest position. Investidor Profissional Gestao de Recursos Ltda.'s holdings in Transdigm Group were worth $14,501,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bruce G. Allen Investments LLC grew its stake in Transdigm Group by 111.1% in the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock valued at $26,000 after buying an additional 10 shares in the last quarter. Winch Advisory Services LLC grew its position in shares of Transdigm Group by 53.8% in the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock valued at $28,000 after purchasing an additional 7 shares in the last quarter. Park Square Financial Group LLC bought a new stake in shares of Transdigm Group during the 4th quarter valued at $32,000. Wayfinding Financial LLC bought a new position in Transdigm Group in the 1st quarter worth about $75,000. Finally, CVA Family Office LLC boosted its stake in Transdigm Group by 123.1% in the 1st quarter. CVA Family Office LLC now owns 58 shares of the aerospace company's stock worth $80,000 after purchasing an additional 32 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Transdigm Group Price Performance

TDG stock traded down $17.65 during trading on Wednesday, hitting $1,399.29. 884,813 shares of the stock traded hands, compared to its average volume of 287,011. The stock has a market cap of $78.60 billion, a price-to-earnings ratio of 46.44, a price-to-earnings-growth ratio of 2.86 and a beta of 1.07. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The firm's 50 day moving average is $1,510.81 and its two-hundred day moving average is $1,409.83.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 EPS for the quarter, missing analysts' consensus estimates of $9.75 by ($0.15). Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.26%. The firm had revenue of $2.24 billion for the quarter, compared to analysts' expectations of $2.29 billion. During the same quarter in the previous year, the company earned $9.00 EPS. The company's quarterly revenue was up 9.3% compared to the same quarter last year. As a group, analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insider Transactions at Transdigm Group

In related news, Director Robert J. Small sold 45,700 shares of Transdigm Group stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $1,425.01, for a total value of $65,122,957.00. Following the completion of the sale, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction dated Tuesday, May 20th. The stock was sold at an average price of $1,434.35, for a total value of $4,303,050.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company's stock, valued at approximately $5,163,660. This trade represents a 45.45% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 69,872 shares of company stock valued at $100,747,061. Insiders own 4.09% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TDG. Truist Financial boosted their price objective on shares of 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. Wall Street Zen upgraded shares of Transdigm Group from a "hold" rating to a "buy" rating in a research report on Saturday, May 17th. UBS Group increased their price objective on Transdigm Group from $1,451.00 to $1,645.00 and gave the stock a "buy" rating in a research report on Wednesday, May 7th. Susquehanna boosted their target price on Transdigm Group from $1,300.00 to $1,600.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. Finally, Citigroup raised their price target on Transdigm Group from $1,635.00 to $1,795.00 and gave the company a "buy" rating in a report on Monday, July 14th. Four investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $1,606.47.

About Transdigm Group

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.