Dupont Capital Management Corp Trims Stake in TransDigm Group Incorporated (NYSE:TDG)

Dupont Capital Management Corp decreased its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 27.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,669 shares of the aerospace company's stock after selling 4,109 shares during the quarter. Dupont Capital Management Corp's holdings in TransDigm Group were worth $10,793,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Quent Capital LLC grew its holdings in TransDigm Group by 8.8% during the fourth quarter. Quent Capital LLC now owns 123 shares of the aerospace company's stock valued at $124,000 after purchasing an additional 10 shares during the period. Alcosta Capital Management Inc. grew its holdings in TransDigm Group by 0.3% during the third quarter. Alcosta Capital Management Inc. now owns 3,485 shares of the aerospace company's stock valued at $2,938,000 after purchasing an additional 12 shares during the period. Valley National Advisers Inc. grew its holdings in TransDigm Group by 26.1% during the third quarter. Valley National Advisers Inc. now owns 58 shares of the aerospace company's stock valued at $49,000 after purchasing an additional 12 shares during the period. Global Retirement Partners LLC grew its holdings in TransDigm Group by 15.4% during the fourth quarter. Global Retirement Partners LLC now owns 90 shares of the aerospace company's stock valued at $92,000 after purchasing an additional 12 shares during the period. Finally, Beacon Pointe Advisors LLC boosted its holdings in shares of TransDigm Group by 1.3% in the second quarter. Beacon Pointe Advisors LLC now owns 925 shares of the aerospace company's stock valued at $827,000 after buying an additional 12 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. The Goldman Sachs Group upped their price target on shares of TransDigm Group from $1,164.00 to $1,285.00 and gave the company a "buy" rating in a report on Friday, February 9th. Stifel Nicolaus upped their price target on shares of TransDigm Group from $1,000.00 to $1,050.00 and gave the company a "hold" rating in a report on Tuesday, January 23rd. StockNews.com cut shares of TransDigm Group from a "buy" rating to a "hold" rating in a report on Monday. Truist Financial upped their price target on shares of TransDigm Group from $1,158.00 to $1,267.00 and gave the company a "buy" rating in a report on Friday, February 9th. Finally, JPMorgan Chase & Co. upped their price target on shares of TransDigm Group from $1,050.00 to $1,175.00 and gave the company a "neutral" rating in a report on Wednesday, March 27th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat, TransDigm Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,119.00.

Insider Activity at TransDigm Group

In related news, Director W Nicholas Howley sold 38,863 shares of the business's stock in a transaction 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 completion of the sale, the director now directly owns 21,548 shares in the company, valued at approximately $21,872,297.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $1,022.29, for a total value of $3,066,870.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at approximately $3,680,244. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W Nicholas Howley sold 38,863 shares of TransDigm Group stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $1,015.05, for a total value of $39,447,888.15. Following the completion of the transaction, the director now directly 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 91,480 shares of company stock worth $100,102,829 in the last ninety days. 4.96% of the stock is owned by company insiders.

TransDigm Group Trading Up 2.1 %

Shares of TDG traded up $24.69 during mid-day trading on Wednesday, reaching $1,228.51. The company's stock had a trading volume of 221,450 shares, compared to its average volume of 214,467. TransDigm Group Incorporated has a 1-year low of $714.98 and a 1-year high of $1,238.95. The business has a 50-day simple moving average of $1,163.61 and a two-hundred day simple moving average of $1,015.04. The stock has a market cap of $68.31 billion, a P/E ratio of 52.14, a PEG ratio of 2.47 and a beta of 1.42.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its earnings results on Thursday, February 8th. The aerospace company reported $7.16 EPS for the quarter, topping the consensus estimate of $6.41 by $0.75. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. The company had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same period in the previous year, the company posted $4.15 EPS. The firm's revenue for the quarter was up 28.1% compared to the same quarter last year. Research analysts anticipate that TransDigm Group Incorporated will post 29.03 EPS for the current year.

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.