EULAV Asset Management Has $122.09 Million Stake in Transdigm Group Incorporated (NYSE:TDG)

EULAV Asset Management reduced its holdings in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 16.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 88,257 shares of the aerospace company's stock after selling 16,800 shares during the quarter. Transdigm Group makes up 3.0% of EULAV Asset Management's investment portfolio, making the stock its 3rd largest position. EULAV Asset Management owned approximately 0.16% of Transdigm Group worth $122,085,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Rothschild Investment LLC boosted its stake in shares of 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 during the last quarter. Balefire LLC boosted its stake in shares of Transdigm Group by 4.9% during the 1st quarter. Balefire LLC now owns 171 shares of the aerospace company's stock worth $237,000 after purchasing an additional 8 shares during the last quarter. Great Lakes Advisors LLC boosted its stake in shares of Transdigm Group by 0.3% during the 4th quarter. Great Lakes Advisors LLC now owns 2,938 shares of the aerospace company's stock worth $3,723,000 after purchasing an additional 9 shares during the last quarter. AMG National Trust Bank boosted its stake in shares of Transdigm Group by 5.1% during the 4th quarter. AMG National Trust Bank now owns 206 shares of the aerospace company's stock worth $261,000 after purchasing an additional 10 shares during the last quarter. Finally, Texas Yale Capital Corp. boosted its stake in shares of Transdigm Group by 0.4% during the 4th quarter. Texas Yale Capital Corp. now owns 2,686 shares of the aerospace company's stock worth $3,404,000 after purchasing an additional 10 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Transdigm Group Price Performance

TDG stock traded down $0.48 during midday trading on Monday, reaching $1,522.50. 308,774 shares of the company's stock traded hands, compared to its average volume of 262,075. The company has a market capitalization of $85.51 billion, a P/E ratio of 51.40, a PEG ratio of 3.25 and a beta of 1.04. Transdigm Group Incorporated has a fifty-two week low of $1,176.31 and a fifty-two week high of $1,536.76. The business has a 50-day moving average price of $1,442.36 and a two-hundred day moving average price of $1,366.38.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 EPS 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 business had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $2.17 billion. During the same period in the previous year, the company posted $7.99 earnings per share. The business's revenue for the quarter was up 12.0% compared to the same quarter last year. As a group, research analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TDG has been the topic of several research analyst reports. Wells Fargo & Company raised 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 research report on Thursday, May 8th. Truist Financial decreased their target price 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. The Goldman Sachs Group raised 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 research report on Monday, June 23rd. Northcoast Research raised shares of Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price on the stock in a research report on Wednesday, April 9th. Finally, Wall Street Zen raised shares of Transdigm Group from a "hold" rating to a "buy" rating in a research report on Saturday, May 17th. Four research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $1,545.80.

Insider Buying and Selling at Transdigm Group

In other news, Director W Nicholas Howley sold 49,241 shares of the business's stock in a transaction on Monday, May 5th. The shares were sold at an average price of $1,475.85, for a total transaction of $72,672,329.85. Following the transaction, the director directly owned 21,548 shares of the company's stock, valued at approximately $31,801,615.80. The trade was a 69.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the business's stock in a transaction on Monday, April 14th. The stock was sold at an average price of $1,329.61, for a total transaction of $26,592,200.00. Following the transaction, the chief executive officer directly owned 8,158 shares in the company, valued at approximately $10,846,958.38. The trade was a 71.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 142,149 shares of company stock valued at $202,651,767. 4.09% of the stock is owned by company insiders.

Transdigm Group 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.