Simon Quick Advisors LLC Has $690,000 Stake in TransDigm Group Incorporated (NYSE:TDG)

Simon Quick Advisors LLC boosted its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 79.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 499 shares of the aerospace company's stock after acquiring an additional 221 shares during the period. Simon Quick Advisors LLC's holdings in TransDigm Group were worth $690,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TDG. Quent Capital LLC grew its position in TransDigm Group by 6.5% during the 4th quarter. Quent Capital LLC now owns 132 shares of the aerospace company's stock worth $167,000 after purchasing an additional 8 shares in the last quarter. Lindbrook Capital LLC grew its position in TransDigm Group by 3.6% during the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the aerospace company's stock worth $293,000 after purchasing an additional 8 shares in the last quarter. Rothschild Investment LLC grew its position in TransDigm Group by 13.1% during the 1st quarter. Rothschild Investment LLC now owns 69 shares of the aerospace company's stock worth $95,000 after purchasing an additional 8 shares in the last quarter. TFB Advisors LLC grew its position in TransDigm Group by 2.3% during the 4th quarter. TFB Advisors LLC now owns 399 shares of the aerospace company's stock worth $506,000 after purchasing an additional 9 shares in the last quarter. Finally, Howard Capital Management Inc. grew its position in TransDigm Group by 3.4% during the 4th quarter. Howard Capital Management Inc. now owns 276 shares of the aerospace company's stock worth $350,000 after purchasing an additional 9 shares in the last quarter. Institutional investors own 95.78% of the company's stock.

Analysts Set New Price Targets

TDG has been the topic of several research analyst reports. Truist Financial lowered their price objective on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. UBS Group lifted their target price on shares of 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. Wall Street Zen raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. 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. Finally, Northcoast Research raised shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price for the company in a research note on Wednesday, April 9th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $1,505.23.

TransDigm Group Price Performance

Shares of TDG stock traded up $1.76 on Friday, hitting $1,437.60. The company's stock had a trading volume of 318,150 shares, compared to its average volume of 263,767. TransDigm Group Incorporated has a fifty-two week low of $1,176.31 and a fifty-two week high of $1,488.54. The firm's fifty day moving average price is $1,398.26 and its 200-day moving average price is $1,343.88. The stock has a market capitalization of $80.75 billion, a price-to-earnings ratio of 50.71, a P/E/G ratio of 2.76 and a beta of 1.05.

TransDigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings data 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. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business had revenue of $2.15 billion during the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the previous year, the business earned $7.99 EPS. TransDigm Group's quarterly revenue was up 12.0% compared to the same quarter last year. Analysts predict that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insider Activity at TransDigm Group

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $1,360.04, for a total transaction of $4,080,120.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares of the company's stock, valued at $4,896,144. The trade was a 45.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director W Nicholas Howley sold 49,241 shares of the business's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $1,475.85, for a total transaction of $72,672,329.85. Following the transaction, the director now directly owns 21,548 shares of the company's stock, valued at approximately $31,801,615.80. This represents a 69.56% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 139,413 shares of company stock valued at $198,508,074. Insiders own 4.09% of the company's stock.

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.