Montag A & Associates Inc. Has $1.14 Million Stake in TransDigm Group Incorporated (NYSE:TDG)

Montag A & Associates Inc. raised its position in TransDigm Group Incorporated (NYSE:TDG) by 66.8% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 924 shares of the aerospace company’s stock after purchasing an additional 370 shares during the quarter. Montag A & Associates Inc.’s holdings in TransDigm Group were worth $1,138,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Compagnie Lombard Odier SCmA acquired a new stake in shares of TransDigm Group in the 4th quarter valued at about $25,000. Oakworth Capital Inc. bought a new position in shares of TransDigm Group in the 4th quarter valued at about $26,000. ORG Partners LLC bought a new position in shares of TransDigm Group in the 1st quarter valued at about $30,000. VisionPoint Advisory Group LLC bought a new position in shares of TransDigm Group in the 4th quarter valued at about $37,000. Finally, Oliver Lagore Vanvalin Investment Group grew its holdings in shares of TransDigm Group by 48.0% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock valued at $38,000 after acquiring an additional 12 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

TransDigm Group Price Performance

Shares of TransDigm Group stock traded down $4.61 during trading on Monday, hitting $1,237.70. The company’s stock had a trading volume of 183,656 shares, compared to its average volume of 222,545. TransDigm Group Incorporated has a 52 week low of $802.46 and a 52 week high of $1,369.57. The stock has a market cap of $69.26 billion, a price-to-earnings ratio of 49.28, a price-to-earnings-growth ratio of 2.08 and a beta of 1.38. The stock has a 50-day moving average price of $1,307.03 and a two-hundred day moving average price of $1,206.11.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 7th. The aerospace company reported $7.99 earnings per share for the quarter, topping the consensus estimate of $7.42 by $0.57. The company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. TransDigm Group had a net margin of 21.22% and a negative return on equity of 63.35%. TransDigm Group’s revenue for the quarter was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.39 earnings per share. On average, equities analysts predict that TransDigm Group Incorporated will post 30.14 EPS for the current fiscal year.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, insider Jessica L. Warren sold 925 shares of the company’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $1,339.34, for a total transaction of $1,238,889.50. Following the sale, the insider now owns 50 shares of the company’s stock, valued at $66,967. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Robert J. Small sold 30,000 shares of the company’s stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $1,323.86, for a total transaction of $39,715,800.00. Following the transaction, the director now owns 112,381 shares in the company, valued at $148,776,710.66. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jessica L. Warren sold 925 shares of the company’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $1,339.34, for a total transaction of $1,238,889.50. Following the transaction, the insider now owns 50 shares in the company, valued at approximately $66,967. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 87,832 shares of company stock valued at $115,387,531. 4.96% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. lifted their price target on TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a “neutral” rating in a report on Wednesday, March 27th. Royal Bank of Canada restated an “outperform” rating and set a $1,500.00 price objective on shares of TransDigm Group in a research report on Thursday, June 27th. Stifel Nicolaus boosted their price objective on shares of TransDigm Group from $1,300.00 to $1,325.00 and gave the company a “hold” rating in a research report on Friday, June 7th. TD Cowen boosted their price objective on shares of TransDigm Group from $1,300.00 to $1,400.00 and gave the company a “buy” rating in a research report on Wednesday, May 8th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of TransDigm Group from $1,435.00 to $1,524.00 and gave the company a “buy” rating in a research report on Thursday, June 20th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,414.06.

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.