Arlington Trust Co LLC Has $38,000 Holdings in TransDigm Group Incorporated (NYSE:TDG)

Arlington Trust Co LLC cut its holdings in TransDigm Group Incorporated (NYSE:TDG) by 65.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30 shares of the aerospace company’s stock after selling 56 shares during the quarter. Arlington Trust Co LLC’s holdings in TransDigm Group were worth $38,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Souders Financial Advisors lifted its stake in TransDigm Group by 1.0% in the third quarter. Souders Financial Advisors now owns 797 shares of the aerospace company’s stock valued at $1,137,000 after buying an additional 8 shares during the period. Prosperity Financial Group Inc. raised its position in shares of TransDigm Group by 3.6% during the third quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company’s stock worth $328,000 after purchasing an additional 8 shares during the period. Resonant Capital Advisors LLC raised its position in shares of TransDigm Group by 1.8% during the fourth quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company’s stock worth $585,000 after purchasing an additional 8 shares during the period. CX Institutional raised its position in shares of TransDigm Group by 5.4% during the fourth quarter. CX Institutional now owns 175 shares of the aerospace company’s stock worth $222,000 after purchasing an additional 9 shares during the period. Finally, Western Financial Corp CA raised its position in shares of TransDigm Group by 0.6% during the fourth quarter. Western Financial Corp CA now owns 1,501 shares of the aerospace company’s stock worth $1,902,000 after purchasing an additional 9 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. Truist Financial upped their target price on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. KeyCorp upped their target price on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Barclays reaffirmed an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a research report on Monday, January 6th. Finally, JPMorgan Chase & Co. increased their price target on TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a research report on Monday, October 14th. Seven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,462.35.

TransDigm Group Stock Up 0.5 %

TDG opened at $1,334.35 on Tuesday. The stock has a market cap of $74.83 billion, a price-to-earnings ratio of 47.07, a PEG ratio of 2.86 and a beta of 1.40. TransDigm Group Incorporated has a twelve month low of $1,100.86 and a twelve month high of $1,451.32. The company’s 50-day moving average price is $1,294.68 and its two-hundred day moving average price is $1,315.07.

TransDigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating analysts’ consensus estimates of $6.73 by $0.84. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The company’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the company earned $7.16 earnings per share. As a group, sell-side analysts anticipate that TransDigm Group Incorporated will post 34.11 earnings per share for the current year.

Insider Buying and Selling at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction that occurred 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 approximately $4,892,616. This represents a 45.45 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Robert J. Small sold 38,053 shares of the company’s stock in a transaction that occurred 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 owns 567,323 shares in the company, valued at $708,461,615.94. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 89,525 shares of company stock worth $112,769,801 over the last three months. 4.09% of the stock is currently owned by 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.