TransDigm Group Incorporated (NYSE:TDG) is Stockbridge Partners LLC's Largest Position

Stockbridge Partners LLC trimmed its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 5.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 668,285 shares of the aerospace company's stock after selling 38,053 shares during the quarter. TransDigm Group comprises about 18.0% of Stockbridge Partners LLC's holdings, making the stock its biggest position. Stockbridge Partners LLC owned 1.19% of TransDigm Group worth $846,904,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Advisors Ltd. LLC grew its stake in shares of TransDigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after buying an additional 16 shares during the period. Trust Co. of Vermont boosted its holdings in TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock worth $32,000 after acquiring an additional 15 shares in the last quarter. Meeder Asset Management Inc. grew its stake in TransDigm Group by 210.0% in the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock valued at $39,000 after acquiring an additional 21 shares during the period. Sachetta LLC increased its holdings in shares of TransDigm Group by 105.9% during the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock valued at $44,000 after acquiring an additional 18 shares in the last quarter. Finally, CENTRAL TRUST Co raised its position in shares of TransDigm Group by 280.0% during the fourth quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company's stock worth $72,000 after purchasing an additional 42 shares during the period. 95.78% of the stock is owned by institutional investors.

TransDigm Group Price Performance

Shares of NYSE TDG traded down $11.03 during mid-day trading on Tuesday, reaching $1,428.97. 188,732 shares of the company's stock were exchanged, compared to its average volume of 260,078. The firm has a 50-day moving average price of $1,364.67 and a two-hundred day moving average price of $1,325.91. The firm has a market capitalization of $80.26 billion, a price-to-earnings ratio of 50.40, a price-to-earnings-growth ratio of 2.76 and a beta of 1.09. TransDigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,488.54.

TransDigm Group (NYSE:TDG - Get Free Report) last announced 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 net margin of 20.76% and a negative return on equity of 42.87%. The business had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the previous year, the firm posted $7.99 earnings per share. The company's revenue for the quarter was up 12.0% on a year-over-year basis. As a group, sell-side analysts forecast that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on TDG. StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research report on Saturday. Northcoast Research raised shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective on the stock in a research note on Wednesday, April 9th. Truist Financial decreased their target price on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating for the company in a research report on Thursday, April 17th. UBS Group raised their price target on shares of TransDigm Group from $1,451.00 to $1,645.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th. Finally, Susquehanna lifted their price target on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research note on Wednesday, April 2nd. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $1,490.20.

Insider Buying and Selling

In related news, Director Sean P. Hennessy sold 4,700 shares of TransDigm Group stock in a transaction dated Tuesday, May 20th. The stock was 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 now owns 33,713 shares of the company's stock, valued at approximately $48,429,398.76. This trade represents a 12.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the business's stock in a transaction dated Tuesday, April 15th. The shares were sold at an average price of $1,346.30, for a total value of $7,366,953.60. Following the completion of the sale, the director now owns 21,548 shares in the company, valued at $29,010,072.40. This represents a 20.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 152,713 shares of company stock valued at $212,068,917. 4.09% of the stock is owned by company insiders.

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.