Robert J. Small Sells 1,000 Shares of TransDigm Group Incorporated (NYSE:TDG) Stock

TransDigm Group Incorporated (NYSE:TDG) Director Robert J. Small sold 1,000 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $1,335.22, for a total transaction of $1,335,220.00. Following the transaction, the director now owns 95,147 shares in the company, valued at approximately $127,042,177.34. This trade represents a 1.04 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

TransDigm Group Price Performance

NYSE TDG opened at $1,341.80 on Wednesday. The firm has a market capitalization of $75.25 billion, a price-to-earnings ratio of 47.33, a P/E/G ratio of 2.76 and a beta of 1.38. The company’s fifty day moving average is $1,330.19 and its two-hundred day moving average is $1,327.02. TransDigm Group Incorporated has a 52-week low of $1,176.31 and a 52-week high of $1,451.32.

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

Analyst Ratings Changes

TDG has been the topic of several analyst reports. Citigroup increased their price target on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Wells Fargo & Company upgraded shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $1,375.00 to $1,500.00 in a research note on Friday, February 7th. Truist Financial increased their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Finally, UBS Group upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 target price on the stock in a research note on Monday, February 24th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,472.47.

Hedge Funds Weigh In On TransDigm Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of TransDigm Group by 1.3% during the 4th quarter. Vanguard Group Inc. now owns 6,270,803 shares of the aerospace company’s stock worth $7,946,863,000 after acquiring an additional 79,284 shares during the period. Capital World Investors lifted its holdings in shares of TransDigm Group by 4.3% during the 4th quarter. Capital World Investors now owns 3,791,927 shares of the aerospace company’s stock worth $4,805,434,000 after acquiring an additional 155,541 shares during the period. State Street Corp lifted its holdings in TransDigm Group by 1.3% during the 3rd quarter. State Street Corp now owns 2,229,199 shares of the aerospace company’s stock valued at $3,181,357,000 after purchasing an additional 29,489 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in 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 during the last quarter. Finally, Principal Financial Group Inc. boosted its position in TransDigm Group by 9.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,126,274 shares of the aerospace company’s stock valued at $2,694,585,000 after buying an additional 185,422 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

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.