Unigestion Holding SA Buys 86 Shares of TransDigm Group Incorporated (NYSE:TDG)

Unigestion Holding SA boosted its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 8.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,120 shares of the aerospace company’s stock after acquiring an additional 86 shares during the period. Unigestion Holding SA’s holdings in TransDigm Group were worth $1,419,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Federated Hermes Inc. raised its stake in shares of TransDigm Group by 8.9% in the fourth quarter. Federated Hermes Inc. now owns 42,070 shares of the aerospace company’s stock valued at $53,315,000 after purchasing an additional 3,431 shares in the last quarter. Edgewood Management LLC bought a new stake in TransDigm Group in the 4th quarter valued at $399,595,000. Russell Investments Group Ltd. raised its stake in shares of TransDigm Group by 2.0% in the 4th quarter. Russell Investments Group Ltd. now owns 66,863 shares of the aerospace company’s stock valued at $84,744,000 after buying an additional 1,287 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of TransDigm Group by 4.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 74,630 shares of the aerospace company’s stock worth $94,577,000 after acquiring an additional 3,311 shares during the period. Finally, Sit Investment Associates Inc. boosted its position in shares of TransDigm Group by 14.0% during the 4th quarter. Sit Investment Associates Inc. now owns 1,710 shares of the aerospace company’s stock valued at $2,167,000 after acquiring an additional 210 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

TDG has been the subject of several recent research reports. StockNews.com lowered shares of TransDigm Group from a “buy” rating to a “hold” rating in a research report on Monday, March 31st. Susquehanna upped their price objective on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a “neutral” rating in a research note on Wednesday. Wells Fargo & Company raised their target price on TransDigm Group from $1,500.00 to $1,580.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 25th. Barclays reiterated an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a research report on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,480.12.

Insider Activity

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $1,267.21, for a total transaction of $25,344,200.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at approximately $10,337,899.18. The trade was a 71.03 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, 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 position. The disclosure for this sale can be found here. Insiders have sold 124,594 shares of company stock valued at $165,646,468 over the last 90 days. 4.09% of the stock is owned by company insiders.

TransDigm Group Trading Down 9.1 %

Shares of TDG stock opened at $1,238.81 on Friday. TransDigm Group Incorporated has a 1 year low of $1,176.31 and a 1 year high of $1,451.32. The firm’s 50 day moving average is $1,343.93 and its 200-day moving average is $1,329.63. The firm has a market capitalization of $69.48 billion, a price-to-earnings ratio of 43.70, a PEG ratio of 2.76 and a beta of 1.08.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data 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. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business’s revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $7.16 EPS. On average, equities research analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

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.