J.W. Cole Advisors Inc. Makes New $1.14 Million Investment in Transdigm Group Incorporated (NYSE:TDG)

J.W. Cole Advisors Inc. bought a new position in Transdigm Group Incorporated (NYSE:TDG - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor bought 824 shares of the aerospace company's stock, valued at approximately $1,140,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TDG. LPL Financial LLC grew its position in shares of Transdigm Group by 17.4% in the 4th 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 during the period. Signature Estate & Investment Advisors LLC raised its holdings in Transdigm Group by 24.7% in the fourth quarter. Signature Estate & Investment Advisors LLC now owns 666 shares of the aerospace company's stock worth $844,000 after buying an additional 132 shares during the last quarter. UNIVEST FINANCIAL Corp lifted its stake in shares of Transdigm Group by 6.3% in the fourth quarter. UNIVEST FINANCIAL Corp now owns 3,769 shares of the aerospace company's stock worth $4,776,000 after buying an additional 222 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Transdigm Group by 9.4% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 90,895 shares of the aerospace company's stock worth $115,942,000 after buying an additional 7,837 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Transdigm Group by 10.4% during the fourth quarter. JPMorgan Chase & Co. now owns 2,204,649 shares of the aerospace company's stock valued at $2,793,908,000 after acquiring an additional 206,822 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Transdigm Group 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 sale, the director 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sean P. Hennessy sold 4,700 shares of the firm's stock in a transaction that occurred on Tuesday, May 20th. The stock was sold at an average price of $1,436.52, for a total transaction of $6,751,644.00. Following the sale, the director owned 33,713 shares in the company, valued at approximately $48,429,398.76. The trade was a 12.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 119,113 shares of company stock valued at $173,419,391 in the last 90 days. 4.09% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TDG. KeyCorp upped their price objective on Transdigm Group from $1,500.00 to $1,700.00 and gave the company an "overweight" rating in a research report on Wednesday, July 2nd. Wells Fargo & Company increased their target price on 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 increased their target price on 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 raised their price target on shares of Transdigm Group from $1,300.00 to $1,600.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Finally, Citigroup lifted their price target on shares of 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. Four analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $1,606.47.

Transdigm Group Price Performance

Shares of TDG traded up $6.85 on Friday, reaching $1,606.09. The company's stock had a trading volume of 200,223 shares, compared to its average volume of 224,248. The stock has a market capitalization of $90.21 billion, a P/E ratio of 54.22, a PEG ratio of 3.23 and a beta of 1.04. The stock's 50 day simple moving average is $1,489.82 and its two-hundred day simple moving average is $1,395.31. Transdigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,615.35.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $2.15 billion for the quarter, compared to the consensus estimate 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 quarter last year, the firm posted $7.99 earnings per share. Analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

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.