TransDigm Group Incorporated (NYSE:TDG) Stock Holdings Reduced by Natixis Advisors LLC

Natixis Advisors LLC lowered its position in TransDigm Group Incorporated (NYSE:TDG) by 5.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,713 shares of the aerospace company’s stock after selling 1,481 shares during the quarter. Natixis Advisors LLC’s holdings in TransDigm Group were worth $32,586,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TDG. Proficio Capital Partners LLC grew its stake in TransDigm Group by 286,247.1% in the fourth quarter. Proficio Capital Partners LLC now owns 730,185 shares of the aerospace company’s stock valued at $925,349,000 after purchasing an additional 729,930 shares in the last quarter. Windacre Partnership LLC boosted its stake in shares of TransDigm Group by 42.7% during the 3rd quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company’s stock worth $1,038,951,000 after acquiring an additional 217,700 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of TransDigm Group by 9.6% during the 4th quarter. Principal Financial Group Inc. now owns 2,126,274 shares of the aerospace company’s stock worth $2,694,585,000 after acquiring an additional 185,422 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of TransDigm Group by 9.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock worth $2,851,160,000 after acquiring an additional 173,642 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of TransDigm Group during the 4th quarter worth about $100,811,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on TDG. Citigroup upped their price target on 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 TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. UBS Group upgraded TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price target for the company in a research note on Monday, February 24th. Finally, Barclays restated an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,472.47.

Insider Transactions at TransDigm Group

In other news, Director Robert J. Small sold 20,000 shares of the firm’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $1,340.20, for a total value of $26,804,000.00. Following the transaction, the director now directly owns 95,356 shares in the company, valued at $127,796,111.20. This trade represents a 17.34 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares in the company, valued at $4,525,524. This represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 123,594 shares of company stock worth $164,002,398 in the last three months. Insiders own 4.09% of the company’s stock.

TransDigm Group Stock Up 1.3 %

TransDigm Group stock opened at $1,346.98 on Monday. TransDigm Group Incorporated has a 12 month low of $1,163.82 and a 12 month high of $1,451.32. The business has a 50 day moving average price of $1,326.27 and a two-hundred day moving average price of $1,327.28. The stock has a market cap of $75.55 billion, a price-to-earnings ratio of 47.51, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38.

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

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.