OneDigital Investment Advisors LLC Lowers Position in Transdigm Group Incorporated (NYSE:TDG)

OneDigital Investment Advisors LLC reduced its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 52.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 327 shares of the aerospace company's stock after selling 363 shares during the quarter. OneDigital Investment Advisors LLC's holdings in Transdigm Group were worth $452,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Bruce G. Allen Investments LLC raised its holdings in shares of Transdigm Group by 111.1% in the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock valued at $26,000 after acquiring an additional 10 shares in the last quarter. Park Square Financial Group LLC bought a new stake in shares of Transdigm Group in the fourth quarter valued at about $32,000. Meeder Asset Management Inc. raised its holdings in shares of Transdigm Group by 210.0% in the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock valued at $39,000 after acquiring an additional 21 shares in the last quarter. CVA Family Office LLC raised its holdings in shares of Transdigm Group by 123.1% in the first quarter. CVA Family Office LLC now owns 58 shares of the aerospace company's stock valued at $80,000 after acquiring an additional 32 shares in the last quarter. Finally, Rothschild Investment LLC raised its holdings in shares of Transdigm Group by 13.1% in the first quarter. Rothschild Investment LLC now owns 69 shares of the aerospace company's stock valued at $95,000 after acquiring an additional 8 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Stock Performance

NYSE TDG traded up $1.24 during trading hours on Friday, reaching $1,540.77. The stock had a trading volume of 175,320 shares, compared to its average volume of 261,224. The stock has a fifty day moving average of $1,453.53 and a 200 day moving average of $1,374.19. The stock has a market cap of $86.54 billion, a P/E ratio of 52.02, a price-to-earnings-growth ratio of 3.13 and a beta of 1.04. Transdigm Group Incorporated has a 52-week low of $1,176.31 and a 52-week high of $1,553.85.

Transdigm Group (NYSE:TDG - Get Free Report) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, beating analysts' consensus estimates of $8.83 by $0.28. The firm had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.17 billion. Transdigm Group had a negative return on equity of 38.71% and a net margin of 21.09%. Transdigm Group's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.99 earnings per share. On average, equities research analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Insider Transactions at Transdigm Group

In related news, Director Sean P. Hennessy sold 4,700 shares of the company'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 value of $6,751,644.00. Following the sale, the director owned 33,713 shares in the company, valued at $48,429,398.76. This represents a 12.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Sarah Wynne sold 1,800 shares of the company's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $1,450.00, for a total value of $2,610,000.00. Following the completion of the sale, the chief financial officer owned 3,400 shares in the company, valued at approximately $4,930,000. This represents a 34.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 142,149 shares of company stock valued at $202,651,767 over the last quarter. Company insiders own 4.09% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on TDG shares. Wells Fargo & Company boosted their target price on shares of Transdigm Group from $1,375.00 to $1,540.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Wall Street Zen upgraded shares of Transdigm Group from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. The Goldman Sachs Group boosted their target price on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a "buy" rating in a report on Monday, June 23rd. UBS Group boosted their target price on shares of Transdigm Group from $1,451.00 to $1,645.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Finally, KeyCorp boosted their target price on shares of Transdigm Group from $1,500.00 to $1,700.00 and gave the stock an "overweight" rating in a report on Wednesday, July 2nd. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, Transdigm Group presently has a consensus rating of "Moderate Buy" and an average target price of $1,561.80.

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.