Private Advisor Group LLC Purchases 225 Shares of Transdigm Group Incorporated (NYSE:TDG)

Private Advisor Group LLC lifted its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 11.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,251 shares of the aerospace company's stock after acquiring an additional 225 shares during the period. Private Advisor Group LLC's holdings in Transdigm Group were worth $3,114,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TDG. Bruce G. Allen Investments LLC grew its position in Transdigm Group by 111.1% during the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock valued at $26,000 after purchasing an additional 10 shares in the last quarter. Park Square Financial Group LLC purchased a new position in Transdigm Group during the fourth quarter valued at approximately $32,000. Meeder Asset Management Inc. grew its position in Transdigm Group by 210.0% during the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock valued at $39,000 after purchasing an additional 21 shares in the last quarter. Wayfinding Financial LLC purchased a new position in Transdigm Group during the first quarter valued at approximately $75,000. Finally, CVA Family Office LLC grew its position in Transdigm Group by 123.1% during the first quarter. CVA Family Office LLC now owns 58 shares of the aerospace company's stock valued at $80,000 after purchasing an additional 32 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Trading Up 0.4%

NYSE:TDG traded up $6.85 during trading hours on Friday, hitting $1,606.09. 200,223 shares of the company traded hands, compared to its average volume of 224,248. The stock has a market capitalization of $90.21 billion, a price-to-earnings ratio of 54.22, a P/E/G ratio of 3.23 and a beta of 1.04. Transdigm Group Incorporated has a twelve month low of $1,176.31 and a twelve month high of $1,615.35. The firm has a 50-day moving average of $1,489.82 and a 200 day moving average of $1,395.31.

Transdigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 21.09% and a negative return on equity of 38.71%. The business's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $7.99 EPS. Equities research analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 2,736 shares of the business's stock in a transaction on Tuesday, July 15th. The shares were sold at an average price of $1,569.86, for a total value of $4,295,136.96. Following the sale, the director owned 21,548 shares of the company's stock, valued at $33,827,343.28. The trade was a 11.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Robert J. Small sold 45,700 shares of the business's stock in a transaction 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 completion of the sale, the director directly owned 88,419 shares in the company, valued at $125,997,959.19. This trade represents a 34.07% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 119,113 shares of company stock worth $173,419,391. 4.09% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

TDG has been the subject of a number of analyst reports. Wells Fargo & Company lifted their target price on shares of 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. Citigroup lifted their target price on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the company a "buy" rating in a research note on Monday, July 14th. Wall Street Zen upgraded shares of Transdigm Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. Truist Financial boosted their price objective on shares of Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a "buy" rating in a research note on Friday, July 11th. Finally, UBS Group boosted their price objective on shares of Transdigm Group from $1,451.00 to $1,645.00 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $1,606.47.

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.