Transdigm Group Incorporated (NYSE:TDG) Shares Acquired by Xponance Inc.

Xponance Inc. raised its stake in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 2.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,562 shares of the aerospace company's stock after purchasing an additional 180 shares during the quarter. Xponance Inc.'s holdings in Transdigm Group were worth $11,844,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Cerity Partners LLC increased its stake in shares of Transdigm Group by 8.6% in the first quarter. Cerity Partners LLC now owns 6,594 shares of the aerospace company's stock worth $9,123,000 after acquiring an additional 522 shares during the period. Stonebrook Private Inc. acquired a new stake in shares of Transdigm Group in the first quarter worth $216,000. Quotient Wealth Partners LLC acquired a new stake in shares of Transdigm Group in the first quarter worth $262,000. Nisa Investment Advisors LLC boosted its holdings in Transdigm Group by 17.4% during the first quarter. Nisa Investment Advisors LLC now owns 17,549 shares of the aerospace company's stock worth $24,275,000 after buying an additional 2,602 shares in the last quarter. Finally, Greenleaf Trust boosted its holdings in Transdigm Group by 6.1% during the first quarter. Greenleaf Trust now owns 1,605 shares of the aerospace company's stock worth $2,220,000 after buying an additional 92 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

Insider Transactions at Transdigm Group

In related news, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction dated Monday, April 14th. The shares were sold at an average price of $1,329.61, for a total transaction of $26,592,200.00. Following the completion of the sale, the chief executive officer directly owned 8,158 shares in the company, valued at approximately $10,846,958.38. This trade represents a 71.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert J. Small sold 45,700 shares of the firm's stock in a transaction dated Tuesday, June 10th. The stock was sold at an average price of $1,425.01, for a total transaction of $65,122,957.00. Following the sale, the director owned 88,419 shares of the company's stock, valued at approximately $125,997,959.19. The trade was a 34.07% 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. Company insiders own 4.09% of the company's stock.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Wall Street Zen raised shares of Transdigm Group from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Truist Financial increased 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 report on Friday. Susquehanna increased 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 report on Wednesday, April 2nd. The Goldman Sachs Group increased their price target on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a "buy" rating in a report on Monday, June 23rd. Finally, Northcoast Research raised 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 report on Wednesday, April 9th. Four investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $1,561.80.

Transdigm Group Trading Up 0.1%

NYSE:TDG opened at $1,540.77 on Friday. The company's 50-day moving average price is $1,453.53 and its 200-day moving average price is $1,373.69. The company has a market cap of $86.54 billion, a P/E ratio of 52.02, a P/E/G ratio of 3.12 and a beta of 1.04. Transdigm Group Incorporated has a twelve month low of $1,176.31 and a twelve month high of $1,553.85.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share for the quarter, topping the consensus estimate of $8.83 by $0.28. The firm had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.17 billion. Transdigm Group had a net margin of 21.09% and a negative return on equity of 38.71%. The company's revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the firm posted $7.99 earnings per share. On average, analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

About Transdigm Group

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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