Stephens Inc. AR Has $12.44 Million Holdings in Transdigm Group Incorporated (NYSE:TDG)

Stephens Inc. AR lifted its stake in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 13.0% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,991 shares of the aerospace company's stock after buying an additional 1,037 shares during the period. Stephens Inc. AR's holdings in Transdigm Group were worth $12,437,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Transdigm Group by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 6,270,803 shares of the aerospace company's stock worth $7,946,863,000 after buying an additional 79,284 shares in the last quarter. Capital World Investors increased its holdings in Transdigm Group by 4.3% in the fourth quarter. Capital World Investors now owns 3,791,927 shares of the aerospace company's stock valued at $4,805,434,000 after purchasing an additional 155,541 shares during the period. JPMorgan Chase & Co. increased its holdings in Transdigm Group by 10.4% in 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 purchasing an additional 206,822 shares during the period. FMR LLC increased its holdings in Transdigm Group by 0.3% in the fourth quarter. FMR LLC now owns 1,925,595 shares of the aerospace company's stock valued at $2,440,268,000 after purchasing an additional 5,414 shares during the period. Finally, Capital Research Global Investors increased its holdings in Transdigm Group by 4.8% in the fourth quarter. Capital Research Global Investors now owns 1,911,128 shares of the aerospace company's stock valued at $2,421,979,000 after purchasing an additional 87,309 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Transdigm Group Price Performance

TDG stock opened at $1,540.77 on Monday. The stock has a market capitalization of $86.54 billion, a PE ratio of 52.02, a price-to-earnings-growth ratio of 3.12 and a beta of 1.04. The company's 50-day moving average is $1,453.53 and its 200-day moving average is $1,374.70. 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 released 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 analysts' expectations 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 was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.99 EPS. On average, analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction dated Friday, June 20th. The shares were sold at an average price of $1,424.27, for a total value of $4,272,810.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $5,127,372. This represents a 45.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director W Nicholas Howley sold 2,736 shares of the company's stock in a transaction dated 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 completion of the sale, the director owned 21,548 shares in the company, valued at $31,117,035.84. This represents a 11.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 122,149 shares of company stock worth $176,059,567 over the last ninety days. Insiders own 4.09% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. The Goldman Sachs Group increased their price objective on Transdigm Group from $1,526.00 to $1,709.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Truist Financial increased their price objective on Transdigm Group from $1,553.00 to $1,730.00 and gave the company a "buy" rating in a report on Friday. Northcoast Research upgraded Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective for the company in a report on Wednesday, April 9th. KeyCorp upped their price target on shares of 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. Finally, Susquehanna upped their price target on shares of Transdigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research report on Wednesday, April 2nd. Four analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to data from MarketBeat.com, the company 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.

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