TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by Benjamin F. Edwards & Company Inc.

Benjamin F. Edwards & Company Inc. lifted its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 118.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,163 shares of the aerospace company's stock after purchasing an additional 631 shares during the quarter. Benjamin F. Edwards & Company Inc.'s holdings in TransDigm Group were worth $1,176,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Deutsche Bank AG lifted its stake in TransDigm Group by 1,947.8% in the third quarter. Deutsche Bank AG now owns 3,391,382 shares of the aerospace company's stock worth $2,859,376,000 after purchasing an additional 3,225,771 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in TransDigm Group by 46.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,107,497 shares of the aerospace company's stock valued at $933,765,000 after acquiring an additional 349,409 shares during the period. Cerity Partners LLC boosted its holdings in TransDigm Group by 34,288.0% during the 4th quarter. Cerity Partners LLC now owns 205,640 shares of the aerospace company's stock valued at $208,025,000 after acquiring an additional 205,042 shares during the period. FMR LLC increased its stake in TransDigm Group by 9.0% in the third quarter. FMR LLC now owns 1,651,413 shares of the aerospace company's stock worth $1,392,355,000 after purchasing an additional 136,834 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of TransDigm Group by 1.8% during the third quarter. Vanguard Group Inc. now owns 5,903,014 shares of the aerospace company's stock worth $4,977,008,000 after purchasing an additional 104,433 shares during the last quarter. Institutional investors own 95.78% of the company's stock.

Insider Activity

In related news, CEO Kevin M. Stein sold 10,000 shares of the company's stock in a transaction that occurred on Friday, April 12th. The stock was sold at an average price of $1,216.16, for a total value of $12,161,600.00. Following the sale, the chief executive officer now owns 8,158 shares in the company, valued at $9,921,433.28. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other TransDigm Group news, Director W Nicholas Howley sold 9,381 shares of TransDigm Group stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $1,165.00, for a total transaction of $10,928,865.00. Following the completion of the transaction, the director now owns 21,548 shares in the company, valued at approximately $25,103,420. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Kevin M. Stein sold 10,000 shares of the company's stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $1,216.16, for a total value of $12,161,600.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares in the company, valued at approximately $9,921,433.28. The disclosure for this sale can be found here. Over the last three months, insiders have sold 59,087 shares of company stock valued at $69,840,358. Company insiders own 4.96% of the company's stock.

Wall Street Analysts Forecast Growth

TDG has been the topic of a number of research analyst reports. Royal Bank of Canada upped their price target on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an "outperform" rating in a report on Friday, February 9th. Truist Financial boosted their price target on TransDigm Group from $1,158.00 to $1,267.00 and gave the company a "buy" rating in a report on Friday, February 9th. Stifel Nicolaus raised their price objective on TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a "hold" rating in a report on Wednesday, April 17th. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a report on Tuesday, April 9th. Finally, Susquehanna raised their price target on TransDigm Group from $875.00 to $1,100.00 and gave the company a "neutral" rating in a research note on Friday, February 9th. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,170.27.

TransDigm Group Stock Up 0.7 %

Shares of TDG traded up $8.77 during mid-day trading on Tuesday, hitting $1,310.40. 438,237 shares of the company traded hands, compared to its average volume of 210,283. The business has a 50 day moving average of $1,217.21 and a 200 day moving average of $1,083.86. The company has a market capitalization of $72.87 billion, a PE ratio of 55.62, a price-to-earnings-growth ratio of 2.63 and a beta of 1.40. TransDigm Group Incorporated has a 1-year low of $766.00 and a 1-year high of $1,315.02.

TransDigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data on Tuesday, May 7th. The aerospace company reported $7.99 EPS for the quarter, topping the consensus estimate of $7.42 by $0.57. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.88 billion. TransDigm Group had a net margin of 20.80% and a negative return on equity of 59.61%. The business's revenue for the quarter was up 20.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.39 earnings per share. As a group, research analysts expect that TransDigm Group Incorporated will post 29.08 EPS for the current fiscal 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.