Unigestion Holding SA Grows Position in TransDigm Group Incorporated (NYSE:TDG)

Unigestion Holding SA lifted its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 46.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,645 shares of the aerospace company's stock after purchasing an additional 525 shares during the quarter. Unigestion Holding SA's holdings in TransDigm Group were worth $2,276,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in TDG. JPMorgan Chase & Co. raised its stake in shares of TransDigm Group by 9.5% in the third quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock worth $2,851,160,000 after purchasing an additional 173,642 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new position in TransDigm Group in the 4th quarter worth about $349,000. CENTRAL TRUST Co lifted its stake in TransDigm Group by 280.0% during the 4th quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company's stock valued at $72,000 after acquiring an additional 42 shares during the period. Catalina Capital Group LLC lifted its holdings in TransDigm Group by 5.2% in the fourth quarter. Catalina Capital Group LLC now owns 204 shares of the aerospace company's stock valued at $259,000 after acquiring an additional 10 shares during the period. Finally, Resonant Capital Advisors LLC boosted its position in TransDigm Group by 1.8% in the fourth quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company's stock worth $585,000 after purchasing an additional 8 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TDG shares. Northcoast Research raised 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 raised their price objective on 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. Wells Fargo & Company raised their price target on TransDigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Truist Financial cut 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 report on Thursday, April 17th. Finally, UBS Group upped 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 note on Wednesday, May 7th. Five analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, TransDigm Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,492.36.

Insider Buying and Selling at TransDigm Group

In other news, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $1,346.30, for a total transaction of $7,366,953.60. Following the transaction, 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 position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 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 transaction, the director now directly owns 95,147 shares in the company, valued at approximately $127,042,177.34. The trade was a 1.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 109,713 shares of company stock valued at $154,267,457. Corporate insiders own 4.09% of the company's stock.

TransDigm Group Stock Down 0.4%

Shares of NYSE:TDG traded down $6.26 during trading on Thursday, hitting $1,442.44. The stock had a trading volume of 237,219 shares, compared to its average volume of 262,183. TransDigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,488.54. The stock has a market capitalization of $81.02 billion, a price-to-earnings ratio of 50.88, a price-to-earnings-growth ratio of 2.76 and a beta of 1.05. The stock has a 50-day simple moving average of $1,381.29 and a two-hundred day simple moving average of $1,334.36.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, topping analysts' consensus estimates 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 negative return on equity of 42.87% and a net margin of 20.76%. The company's revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.99 earnings per share. As a group, sell-side analysts forecast 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.