Quotient Wealth Partners LLC Acquires New Holdings in Transdigm Group Incorporated (NYSE:TDG)

Quotient Wealth Partners LLC bought a new position in Transdigm Group Incorporated (NYSE:TDG - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 190 shares of the aerospace company's stock, valued at approximately $262,000.

Other hedge funds also recently bought and sold shares of the company. Bruce G. Allen Investments LLC boosted its holdings 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 worth $26,000 after buying an additional 10 shares during the period. Park Square Financial Group LLC bought a new position in Transdigm Group in the 4th quarter worth $32,000. Meeder Asset Management Inc. boosted its holdings in Transdigm Group by 210.0% in the 4th quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock worth $39,000 after buying an additional 21 shares during the period. Wayfinding Financial LLC bought a new position in Transdigm Group in the 1st quarter worth $75,000. Finally, CVA Family Office LLC boosted its holdings 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 buying an additional 32 shares during the period. Institutional investors own 95.78% of the company's stock.

Wall Street Analysts Forecast Growth

TDG has been the subject of several recent analyst reports. KeyCorp upped 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. UBS Group boosted their price target 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. Susquehanna boosted their price target on shares of Transdigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a research note on Wednesday, April 2nd. Truist Financial boosted their price target 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. Finally, Northcoast Research upgraded shares of Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price target on the stock in a research note on Wednesday, April 9th. Four research 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 has a consensus rating of "Moderate Buy" and a consensus target price of $1,561.80.

Insider Buying and Selling

In other news, Director Sean P. Hennessy sold 4,700 shares of the firm's stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $1,436.52, for a total transaction of $6,751,644.00. Following the transaction, the director directly owned 33,713 shares of the company's stock, valued at approximately $48,429,398.76. This trade represents a 12.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director W Nicholas Howley sold 2,736 shares of the firm's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $1,444.08, for a total transaction of $3,951,002.88. Following the transaction, the director directly owned 21,548 shares in the company, valued at approximately $31,117,035.84. This trade represents a 11.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 142,149 shares of company stock worth $202,651,767 over the last three months. 4.09% of the stock is currently owned by company insiders.

Transdigm Group Price Performance

Shares of NYSE TDG traded up $1.24 during mid-day trading on Friday, hitting $1,540.77. 175,320 shares of the company's stock traded hands, compared to its average volume of 261,224. The company's 50-day moving average is $1,453.53 and its two-hundred day moving average is $1,374.70. The company has a market capitalization of $86.54 billion, a P/E ratio of 52.02, a PEG ratio of 3.12 and a beta of 1.04. Transdigm Group Incorporated has a 1 year low of $1,176.31 and a 1 year high of $1,553.85.

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 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 period in the prior year, the company posted $7.99 EPS. The firm's revenue for the quarter was up 12.0% on a year-over-year basis. Equities analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal 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.