Chicago Capital LLC Raises Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Chicago Capital LLC lifted its stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 3.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 48,317 shares of the aerospace company's stock after purchasing an additional 1,523 shares during the quarter. TransDigm Group comprises about 1.8% of Chicago Capital LLC's investment portfolio, making the stock its 25th largest holding. Chicago Capital LLC owned 0.09% of TransDigm Group worth $48,877,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Quent Capital LLC raised its position in TransDigm Group by 8.8% in the fourth quarter. Quent Capital LLC now owns 123 shares of the aerospace company's stock worth $124,000 after acquiring an additional 10 shares in the last quarter. Alcosta Capital Management Inc. raised its position in TransDigm Group by 0.3% in the third quarter. Alcosta Capital Management Inc. now owns 3,485 shares of the aerospace company's stock worth $2,938,000 after acquiring an additional 12 shares in the last quarter. Valley National Advisers Inc. raised its position in TransDigm Group by 26.1% in the third quarter. Valley National Advisers Inc. now owns 58 shares of the aerospace company's stock worth $49,000 after acquiring an additional 12 shares in the last quarter. Global Retirement Partners LLC raised its position in TransDigm Group by 15.4% in the fourth quarter. Global Retirement Partners LLC now owns 90 shares of the aerospace company's stock worth $92,000 after acquiring an additional 12 shares in the last quarter. Finally, Beacon Pointe Advisors LLC raised its position in TransDigm Group by 1.3% in the second quarter. Beacon Pointe Advisors LLC now owns 925 shares of the aerospace company's stock worth $827,000 after acquiring an additional 12 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on TDG. Barclays lifted their price target on TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an "overweight" rating in a research note on Monday, February 12th. Stifel Nicolaus lifted their price target on TransDigm Group from $1,000.00 to $1,050.00 and gave the stock a "hold" rating in a research note on Tuesday, January 23rd. Royal Bank of Canada lifted their price target on TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an "outperform" rating in a research note on Friday, February 9th. JPMorgan Chase & Co. lifted their price target on TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a "neutral" rating in a research note on Wednesday, March 27th. Finally, The Goldman Sachs Group lifted their price target on TransDigm Group from $1,164.00 to $1,285.00 and gave the stock a "buy" rating in a research note on Friday, February 9th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $1,119.00.

TransDigm Group Stock Performance

Shares of TransDigm Group stock traded down $10.15 during trading on Tuesday, hitting $1,203.79. 231,727 shares of the stock traded hands, compared to its average volume of 214,332. The stock has a market cap of $66.94 billion, a P/E ratio of 51.09, a PEG ratio of 2.51 and a beta of 1.42. TransDigm Group Incorporated has a twelve month low of $714.98 and a twelve month high of $1,238.95. The company has a fifty day moving average price of $1,160.95 and a two-hundred day moving average price of $1,012.65.

TransDigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings results on Thursday, February 8th. The aerospace company reported $7.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.41 by $0.75. The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.68 billion. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. The firm's revenue was up 28.1% on a year-over-year basis. During the same period in the previous year, the company earned $4.15 EPS. On average, equities research analysts expect that TransDigm Group Incorporated will post 29.03 EPS for the current fiscal year.

Insider Transactions at TransDigm Group

In other news, Director W Nicholas Howley sold 38,863 shares of the company's stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $1,015.05, for a total transaction of $39,447,888.15. Following the completion of the transaction, the director now directly owns 21,548 shares in the company, valued at $21,872,297.40. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $1,172.26, for a total transaction of $3,516,780.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,220,136. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director W Nicholas Howley sold 38,863 shares of the company's stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $1,015.05, for a total value of $39,447,888.15. Following the transaction, the director now owns 21,548 shares of the company's stock, valued at $21,872,297.40. The disclosure for this sale can be found here. Insiders sold a total of 91,480 shares of company stock worth $100,102,829 over the last three months. 4.96% of the stock is currently owned by insiders.

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.