UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $433.12 Million Holdings in TransDigm Group Incorporated (NYSE:TDG)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 24.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 341,771 shares of the aerospace company's stock after buying an additional 67,151 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.61% of TransDigm Group worth $433,120,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of TDG. Capital Advisors Ltd. LLC lifted its stake in 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 purchasing an additional 16 shares during the last quarter. Trust Co. of Vermont lifted its stake in TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 15 shares during the last quarter. Meeder Asset Management Inc. lifted its stake in TransDigm Group by 210.0% in 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 during the last quarter. Sachetta LLC lifted its stake in TransDigm Group by 105.9% in the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock valued at $44,000 after purchasing an additional 18 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its stake in 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. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently issued reports on TDG shares. Wall Street Zen upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. 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. Truist Financial lowered their price target on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a report on Thursday, April 17th. UBS Group increased 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 report on Wednesday, May 7th. Finally, Wells Fargo & Company increased their price target on shares of TransDigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Five analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat, TransDigm Group has a consensus rating of "Moderate Buy" and a consensus target price of $1,490.20.

TransDigm Group Price Performance

NYSE:TDG traded up $28.78 during mid-day trading on Friday, reaching $1,433.93. The stock had a trading volume of 430,436 shares, compared to its average volume of 261,355. The stock has a 50-day simple moving average of $1,368.69 and a two-hundred day simple moving average of $1,327.40. The stock has a market capitalization of $80.54 billion, a PE ratio of 50.58, a P/E/G ratio of 2.76 and a beta of 1.09. TransDigm Group Incorporated has a 12 month low of $1,176.31 and a 12 month 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 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $8.83 by $0.28. The business had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $2.17 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The firm's quarterly revenue was up 12.0% compared to the same quarter last year. During the same period last year, the firm posted $7.99 earnings per share. Equities analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the firm's stock in a transaction that occurred on 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 sale, the director now owns 21,548 shares in the company, valued at $29,010,072.40. This trade represents a 20.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Robert J. Small sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $1,340.20, for a total transaction of $26,804,000.00. Following the completion of the sale, the director now owns 95,356 shares in the company, valued at $127,796,111.20. This represents a 17.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 149,713 shares of company stock worth $208,099,857 over the last quarter. Corporate insiders own 4.09% of the company's stock.

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.