Janus Henderson Group PLC Acquires 229 Shares of TransDigm Group Incorporated (NYSE:TDG)

Janus Henderson Group PLC raised its position in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 3.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,431 shares of the aerospace company's stock after buying an additional 229 shares during the quarter. Janus Henderson Group PLC's holdings in TransDigm Group were worth $9,413,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of TDG. Resonant Capital Advisors LLC lifted its stake in TransDigm Group by 1.8% in the fourth quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company's stock valued at $585,000 after buying an additional 8 shares during the last quarter. Quent Capital LLC increased its position in shares of TransDigm Group by 6.5% during the 4th quarter. Quent Capital LLC now owns 132 shares of the aerospace company's stock valued at $167,000 after purchasing an additional 8 shares during the period. Lindbrook Capital LLC raised its stake in shares of TransDigm Group by 3.6% in the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the aerospace company's stock worth $293,000 after buying an additional 8 shares in the last quarter. CX Institutional lifted its holdings in shares of TransDigm Group by 5.4% in the fourth quarter. CX Institutional now owns 175 shares of the aerospace company's stock valued at $222,000 after buying an additional 9 shares during the period. Finally, Western Financial Corp CA boosted its stake in TransDigm Group by 0.6% during the fourth quarter. Western Financial Corp CA now owns 1,501 shares of the aerospace company's stock valued at $1,902,000 after buying an additional 9 shares in the last quarter. Institutional investors own 95.78% of the company's stock.

Wall Street Analysts Forecast Growth

TDG has been the subject of several research reports. Northcoast Research raised TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective for the company in a research note on Wednesday, April 9th. UBS Group boosted their target price 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. Truist Financial dropped their price target on TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Susquehanna upped their price objective on shares of 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. Finally, Wells Fargo & Company lifted their target price on shares of TransDigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,490.20.

TransDigm Group Stock Down 0.8%

NYSE:TDG traded down $11.03 on Tuesday, reaching $1,428.97. The stock had a trading volume of 188,732 shares, compared to its average volume of 259,757. The company has a market capitalization of $80.26 billion, a P/E ratio of 50.40, a price-to-earnings-growth ratio of 2.76 and a beta of 1.09. The stock has a fifty day moving average price of $1,362.67 and a 200-day moving average price of $1,325.19. TransDigm Group Incorporated has a 1-year low of $1,176.31 and a 1-year high of $1,488.54.

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

Insider Buying and Selling

In other news, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction on Monday, April 14th. The stock was sold at an average price of $1,329.61, for a total value of $26,592,200.00. Following the transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at $10,846,958.38. This trade represents a 71.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robert J. Small sold 1,000 shares of the company's stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $1,335.22, for a total value of $1,335,220.00. Following the completion of the sale, the director now owns 95,147 shares of the company's stock, valued at $127,042,177.34. This represents a 1.04% decrease in their position. The disclosure for this sale can be found here. Insiders sold 152,713 shares of company stock worth $212,068,917 in the last quarter. 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.