TransDigm Group Incorporated (NYSE:TDG) Holdings Raised by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. boosted its stake in TransDigm Group Incorporated (NYSE:TDG) by 2.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 686 shares of the aerospace company’s stock after buying an additional 18 shares during the quarter. Coldstream Capital Management Inc.’s holdings in TransDigm Group were worth $869,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of TransDigm Group during the 4th quarter valued at $973,353,000. Proficio Capital Partners LLC raised its holdings in shares of TransDigm Group by 286,247.1% during the 4th quarter. Proficio Capital Partners LLC now owns 730,185 shares of the aerospace company’s stock valued at $925,349,000 after purchasing an additional 729,930 shares in the last quarter. Edgewood Management LLC bought a new position in shares of TransDigm Group during the 4th quarter valued at $399,595,000. JPMorgan Chase & Co. raised its holdings in shares of TransDigm Group by 10.4% during the 4th quarter. JPMorgan Chase & Co. now owns 2,204,649 shares of the aerospace company’s stock valued at $2,793,908,000 after purchasing an additional 206,822 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of TransDigm Group by 9.6% during the 4th quarter. Principal Financial Group Inc. now owns 2,126,274 shares of the aerospace company’s stock valued at $2,694,585,000 after purchasing an additional 185,422 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TDG. Truist Financial cut their price target on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a “buy” rating on the stock in a report on Thursday, April 17th. Northcoast Research raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,500.00 target price for the company in a research report on Wednesday, April 9th. UBS Group raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 target price for the company in a research report on Monday, February 24th. Susquehanna boosted their target price on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and cut their target price for the stock from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,464.41.

TransDigm Group Trading Up 1.4 %

Shares of TransDigm Group stock opened at $1,397.71 on Tuesday. The stock has a market capitalization of $78.39 billion, a price-to-earnings ratio of 49.30, a P/E/G ratio of 2.76 and a beta of 1.08. TransDigm Group Incorporated has a 1-year low of $1,176.31 and a 1-year high of $1,451.32. The firm’s 50-day moving average price is $1,339.86 and its two-hundred day moving average price is $1,319.51.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $6.73 by $0.84. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2.03 billion. During the same period in the prior year, the firm earned $7.16 earnings per share. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. As a group, equities research analysts predict that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insiders Place Their Bets

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $1,354.08, for a total value of $27,081,600.00. Following the transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at approximately $11,046,584.64. This trade represents a 71.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert J. Small sold 3,650 shares of the stock in a transaction on Friday, February 14th. The shares were sold at an average price of $1,322.19, for a total value of $4,825,993.50. Following the completion of the transaction, the director now owns 15,539 shares in the company, valued at $20,545,510.41. The trade was a 19.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 124,894 shares of company stock valued at $167,450,256. 4.09% of the stock is currently owned by corporate insiders.

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.