Siemens Fonds Invest GmbH Grows Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Siemens Fonds Invest GmbH boosted its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 7,260.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 51,227 shares of the aerospace company's stock after buying an additional 50,531 shares during the quarter. TransDigm Group makes up about 2.5% of Siemens Fonds Invest GmbH's holdings, making the stock its 7th biggest position. Siemens Fonds Invest GmbH owned approximately 0.09% of TransDigm Group worth $64,919,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of TDG. Capital Advisors Ltd. LLC raised its position in TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after acquiring an additional 16 shares in the last quarter. Park Square Financial Group LLC bought a new position in shares of TransDigm Group during the 4th quarter valued at $32,000. Meeder Asset Management Inc. raised its holdings in shares of TransDigm Group by 210.0% during the 4th quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock valued at $39,000 after purchasing an additional 21 shares in the last quarter. CENTRAL TRUST Co lifted its stake in shares of TransDigm Group by 280.0% in the 4th quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company's stock valued at $72,000 after purchasing an additional 42 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in TransDigm Group in the fourth quarter worth $73,000. Institutional investors and hedge funds own 95.78% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on TDG. 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. Susquehanna lifted 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. Wall Street Zen upgraded 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 stock an "overweight" rating in a report on Thursday, May 8th. Finally, Truist Financial decreased their price target on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating for the company in a report on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat.com, TransDigm Group has a consensus rating of "Moderate Buy" and an average target price of $1,492.36.

Insider Transactions 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 value of $4,080,120.00. Following the sale, 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Robert J. Small sold 1,000 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $1,335.22, for a total transaction of $1,335,220.00. Following the completion of the transaction, the director now owns 95,147 shares of the company's stock, valued at approximately $127,042,177.34. This represents a 1.04% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 149,713 shares of company stock valued at $208,099,857. 4.09% of the stock is owned by corporate insiders.

TransDigm Group Stock Performance

Shares of NYSE:TDG traded up $7.51 on Friday, hitting $1,468.19. 374,966 shares of the company were exchanged, compared to its average volume of 261,956. The company's 50 day moving average price is $1,375.71 and its two-hundred day moving average price is $1,330.34. The firm has a market capitalization of $82.46 billion, a price-to-earnings ratio of 51.79, a PEG ratio of 2.76 and a beta of 1.09. TransDigm Group Incorporated has a one year low of $1,176.31 and a one year high of $1,488.54.

TransDigm Group (NYSE:TDG - Get Free Report) last released its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share for the quarter, topping analysts' consensus estimates of $8.83 by $0.28. The business had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.17 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The firm's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period last year, the business earned $7.99 earnings per share. Research analysts predict that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

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.