TransDigm Group Incorporated (NYSE:TDG) Position Increased by National Pension Service

National Pension Service lifted its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 3.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 123,463 shares of the aerospace company's stock after buying an additional 3,699 shares during the quarter. National Pension Service owned approximately 0.22% of TransDigm Group worth $124,895,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Compagnie Lombard Odier SCmA acquired a new position in TransDigm Group in the fourth quarter valued at approximately $25,000. Oakworth Capital Inc. acquired a new position in TransDigm Group during the 4th quarter valued at approximately $26,000. Oliver Lagore Vanvalin Investment Group grew its stake in TransDigm Group by 48.0% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company's stock worth $38,000 after buying an additional 12 shares during the last quarter. Optiver Holding B.V. acquired a new stake in TransDigm Group in the third quarter worth $35,000. Finally, Blue Trust Inc. lifted its stake in TransDigm Group by 134.8% in the fourth quarter. Blue Trust Inc. now owns 54 shares of the aerospace company's stock valued at $55,000 after buying an additional 31 shares during the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other TransDigm Group news, Director W Nicholas Howley sold 2,391 shares of the business's stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,160.55, for a total transaction of $2,774,875.05. Following the sale, the director now directly owns 21,549 shares of the company's stock, valued at approximately $25,008,691.95. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CFO Sarah Wynne sold 5,850 shares of the firm's stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $1,159.00, for a total transaction of $6,780,150.00. Following the completion of the sale, the chief financial officer now directly owns 700 shares in the company, valued at $811,300. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 2,391 shares of the company's stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $1,160.55, for a total transaction of $2,774,875.05. Following the completion of the transaction, the director now owns 21,549 shares in the company, valued at approximately $25,008,691.95. The disclosure for this sale can be found here. Insiders have sold 59,087 shares of company stock worth $69,840,358 over the last 90 days. 4.96% of the stock is owned by company insiders.

TransDigm Group Trading Up 0.4 %

Shares of NYSE TDG traded up $4.60 during mid-day trading on Wednesday, reaching $1,315.00. The company had a trading volume of 248,163 shares, compared to its average volume of 210,719. The company has a 50-day moving average price of $1,217.21 and a two-hundred day moving average price of $1,083.86. The stock has a market cap of $73.13 billion, a PE ratio of 55.81, a P/E/G 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 $1,328.15.

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

Analyst Ratings Changes

TDG has been the topic of several recent research reports. Barclays lifted their price objective on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the company an "overweight" rating in a research report on Monday, February 12th. JPMorgan Chase & Co. boosted their price objective on TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a "neutral" rating in a research report on Wednesday, March 27th. UBS Group lifted their target price on TransDigm Group from $1,302.00 to $1,403.00 and gave the company a "neutral" rating in a research note on Wednesday. Susquehanna increased their price target on TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a "neutral" rating in a research note on Wednesday. Finally, Wells Fargo & Company lifted their price objective on shares of TransDigm Group from $1,260.00 to $1,390.00 and gave the company an "equal weight" rating in a research note on Wednesday. Six research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $1,289.94.

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.

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