Lynwood Price Capital Management LP Has $14.94 Million Position in Transdigm Group Incorporated (NYSE:TDG)

Key Points

• Lynwood Price Capital Management LP increased its stake in Transdigm Group by 22.7%, owning 10,800 shares valued at approximately $14.94 million, making it the sixth largest position in their portfolio.
• Transdigm reported an EPS of $9.11 for the last quarter, exceeding estimates, while its revenue was $2.15 billion, slightly below analysts' expectations.
• Multiple analysts have raised their price targets for Transdigm, with new expectations ranging from $1,540.00 to $1,730.00, reflecting a positive outlook for the stock.

Lynwood Price Capital Management LP increased its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 22.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,800 shares of the aerospace company's stock after buying an additional 2,000 shares during the quarter. Transdigm Group accounts for approximately 8.5% of Lynwood Price Capital Management LP's investment portfolio, making the stock its 6th largest position. Lynwood Price Capital Management LP's holdings in Transdigm Group were worth $14,940,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in TDG. Orion Portfolio Solutions LLC increased its position in Transdigm Group by 4.3% during the 4th quarter. Orion Portfolio Solutions LLC now owns 1,114 shares of the aerospace company's stock valued at $1,412,000 after purchasing an additional 46 shares during the period. Wellington Management Group LLP increased its position in Transdigm Group by 26.5% during the 4th quarter. Wellington Management Group LLP now owns 2,419 shares of the aerospace company's stock valued at $3,066,000 after purchasing an additional 506 shares during the period. Summit Financial LLC increased its position in Transdigm Group by 5.5% during the 4th quarter. Summit Financial LLC now owns 533 shares of the aerospace company's stock valued at $676,000 after purchasing an additional 28 shares during the period. HighPoint Advisor Group LLC grew its position in shares of Transdigm Group by 10.2% during the 4th quarter. HighPoint Advisor Group LLC now owns 412 shares of the aerospace company's stock worth $561,000 after buying an additional 38 shares during the period. Finally, Meeder Advisory Services Inc. grew its position in shares of Transdigm Group by 5.1% during the 4th quarter. Meeder Advisory Services Inc. now owns 1,062 shares of the aerospace company's stock worth $1,346,000 after buying an additional 52 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

Transdigm Group Price Performance

TDG stock traded down $25.70 during mid-day trading on Friday, reaching $1,582.76. 322,169 shares of the company traded hands, compared to its average volume of 205,673. The company has a market capitalization of $88.90 billion, a P/E ratio of 53.44, a P/E/G ratio of 3.20 and a beta of 1.07. Transdigm Group Incorporated has a 52-week low of $1,176.31 and a 52-week high of $1,623.82. The company has a fifty day moving average price of $1,507.98 and a 200-day moving average price of $1,407.27.

Transdigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, topping the consensus estimate of $8.83 by $0.28. Transdigm Group had a negative return on equity of 38.71% and a net margin of 21.09%. The company 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 firm earned $7.99 earnings per share. Transdigm Group's revenue was up 12.0% on a year-over-year basis. As a group, analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Stifel Nicolaus assumed coverage on shares of Transdigm Group in a research report on Tuesday, June 24th. They set a "buy" rating and a $1,710.00 price objective for the company. Northcoast Research upgraded Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price on the stock in a report on Wednesday, April 9th. UBS Group increased their target price on Transdigm Group from $1,451.00 to $1,645.00 and gave the stock a "buy" rating in a report on Wednesday, May 7th. KeyCorp raised their price objective on Transdigm Group from $1,500.00 to $1,700.00 and gave the company an "overweight" rating in a research note on Wednesday, July 2nd. Finally, Susquehanna raised their price objective on Transdigm Group from $1,300.00 to $1,600.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Four research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $1,606.47.

Insider Buying and Selling

In other Transdigm Group news, CFO Sarah Wynne sold 1,800 shares of the business's stock in a transaction that occurred on Friday, June 13th. The stock was sold at an average price of $1,450.00, for a total value of $2,610,000.00. Following the completion of the sale, the chief financial officer owned 3,400 shares in the company, valued at approximately $4,930,000. The trade was a 34.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sean P. Hennessy sold 4,700 shares of the business'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 value of $6,751,644.00. Following the completion of the sale, the director owned 33,713 shares of the company's stock, valued at $48,429,398.76. The trade was a 12.24% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 119,113 shares of company stock worth $173,419,391 over the last ninety days. Corporate insiders own 4.09% of the company's stock.

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.