TransDigm Group Incorporated (NYSE:TDG) Position Decreased by Mather Group LLC.

Mather Group LLC. lowered its holdings in TransDigm Group Incorporated (NYSE:TDG) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 400 shares of the aerospace company’s stock after selling 13 shares during the period. Mather Group LLC.’s holdings in TransDigm Group were worth $405,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Quent Capital LLC lifted its stake in shares of TransDigm Group by 8.8% in the 4th 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 last quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its position in shares of TransDigm Group by 5.9% in the fourth quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 180 shares of the aerospace company’s stock worth $197,000 after buying an additional 10 shares during the last quarter. Venturi Wealth Management LLC lifted its position in shares of TransDigm Group by 14.5% in the fourth quarter. Venturi Wealth Management LLC now owns 87 shares of the aerospace company’s stock worth $88,000 after buying an additional 11 shares during the last quarter. Alcosta Capital Management Inc. boosted its stake in shares of TransDigm Group by 0.3% during the 3rd 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. Finally, Valley National Advisers Inc. increased its holdings in shares of TransDigm Group by 26.1% during the 3rd quarter. Valley National Advisers Inc. now owns 58 shares of the aerospace company’s stock valued at $49,000 after acquiring an additional 12 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $1,233.10, for a total transaction of $3,699,300.00. Following the transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,439,160. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $1,233.10, for a total transaction of $3,699,300.00. Following the sale, the chief operating officer now owns 3,600 shares in the company, valued at $4,439,160. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Jorge Valladares sold 2,427 shares of the business’s stock in a transaction on Monday, February 26th. The shares were sold at an average price of $1,191.99, for a total transaction of $2,892,959.73. Following the sale, the director now owns 11,000 shares of the company’s stock, valued at $13,111,890. The disclosure for this sale can be found here. Insiders have sold 59,087 shares of company stock valued at $69,840,358 over the last ninety days. 4.96% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on TDG. Royal Bank of Canada upped their price objective 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. Stifel Nicolaus raised their price target on TransDigm Group from $1,100.00 to $1,200.00 and gave the company a “hold” rating in a research report on Wednesday, April 17th. KeyCorp boosted their price objective on TransDigm Group from $1,220.00 to $1,325.00 and gave the stock an “overweight” rating in a research report on Monday, April 22nd. Barclays increased their target price on TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “overweight” rating in a research note on Monday, February 12th. Finally, Citigroup lifted their price target on TransDigm Group from $1,380.00 to $1,395.00 and gave the stock a “buy” rating in a research report on Thursday, April 4th. Six investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $1,170.27.

TransDigm Group Stock Up 0.1 %

NYSE:TDG opened at $1,249.88 on Thursday. The firm has a market capitalization of $69.51 billion, a P/E ratio of 53.05, a P/E/G ratio of 2.54 and a beta of 1.40. The company has a fifty day moving average of $1,208.75 and a 200-day moving average of $1,069.59. TransDigm Group Incorporated has a twelve month low of $750.86 and a twelve month high of $1,269.51.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Thursday, February 8th. The aerospace company reported $7.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $1.79 billion for the quarter, compared to analysts’ expectations of $1.68 billion. During the same period in the previous year, the business posted $4.15 EPS. The firm’s quarterly revenue was up 28.1% compared to the same quarter last year. On average, analysts anticipate 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.