Howland Capital Management LLC Acquires 988 Shares of TransDigm Group Incorporated (NYSE:TDG)

Howland Capital Management LLC lifted its holdings in TransDigm Group Incorporated (NYSE:TDG) by 6.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,063 shares of the aerospace company’s stock after acquiring an additional 988 shares during the period. Howland Capital Management LLC’s holdings in TransDigm Group were worth $20,356,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TDG. Windacre Partnership LLC lifted its holdings in shares of TransDigm Group by 42.7% in the 3rd quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company’s stock valued at $1,038,951,000 after acquiring an additional 217,700 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of TransDigm Group by 9.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock valued at $2,851,160,000 after acquiring an additional 173,642 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of TransDigm Group by 108,517.8% in the 3rd quarter. International Assets Investment Management LLC now owns 48,878 shares of the aerospace company’s stock valued at $69,755,000 after acquiring an additional 48,833 shares during the last quarter. FMR LLC lifted its holdings in shares of TransDigm Group by 2.3% in the 3rd quarter. FMR LLC now owns 1,920,181 shares of the aerospace company’s stock valued at $2,740,348,000 after acquiring an additional 43,604 shares during the last quarter. Finally, Citigroup Inc. lifted its stake in TransDigm Group by 36.9% in the third quarter. Citigroup Inc. now owns 120,876 shares of the aerospace company’s stock worth $172,506,000 after purchasing an additional 32,609 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

TDG has been the subject of several analyst reports. JPMorgan Chase & Co. raised their price objective on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a research note on Monday, October 14th. KeyCorp raised their price objective on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Truist Financial raised their price objective 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. Wells Fargo & Company raised shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $1,375.00 to $1,500.00 in a research note on Friday. Finally, Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to MarketBeat.com, TransDigm Group presently has an average rating of “Moderate Buy” and an average target price of $1,462.35.

TransDigm Group Trading Up 2.3 %

NYSE TDG opened at $1,329.35 on Friday. The firm’s fifty day simple moving average is $1,294.68 and its two-hundred day simple moving average is $1,314.40. TransDigm Group Incorporated has a 12-month low of $1,100.86 and a 12-month high of $1,451.32. The firm has a market capitalization of $74.55 billion, a P/E ratio of 46.89, a P/E/G ratio of 2.86 and a beta of 1.40.

TransDigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) 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 business had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period in the previous year, the company earned $7.16 earnings per share. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. As a group, sell-side analysts predict that TransDigm Group Incorporated will post 34.11 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Robert J. Small sold 38,053 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the sale, the director now directly owns 567,323 shares of the company’s stock, valued at $708,461,615.94. The trade was a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction on Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total transaction of $4,077,180.00. Following the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,892,616. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 89,525 shares of company stock valued at $112,769,801. 4.09% of the stock is currently owned by insiders.

TransDigm Group 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.