Realta Investment Advisors Acquires 50 Shares of TransDigm Group Incorporated (NYSE:TDG)

Realta Investment Advisors lifted its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 9.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 608 shares of the aerospace company’s stock after purchasing an additional 50 shares during the period. Realta Investment Advisors’ holdings in TransDigm Group were worth $776,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TDG. First Personal Financial Services bought a new stake in TransDigm Group in the third quarter worth approximately $29,000. Erste Asset Management GmbH acquired a new position in shares of TransDigm Group during the 3rd quarter valued at $29,000. Trust Co. of Vermont boosted its stake in TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 15 shares in the last quarter. Versant Capital Management Inc grew its holdings in TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 18 shares during the period. Finally, DT Investment Partners LLC increased its stake in TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 11 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the stock in a transaction on Tuesday, January 21st. The stock was 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 of the company’s stock, valued at approximately $4,892,616. This represents a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 value of $47,519,825.34. Following the completion of the sale, the director now owns 567,323 shares in the company, valued at approximately $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. Over the last 90 days, insiders sold 89,525 shares of company stock worth $112,769,801. Insiders own 4.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on TDG. Barclays reissued an “equal weight” rating and set a $1,500.00 price objective on shares of TransDigm Group in a research report on Monday, January 6th. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Citigroup boosted their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Wells Fargo & Company upgraded TransDigm Group from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $1,375.00 to $1,500.00 in a report on Friday. Finally, Truist Financial boosted their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Seven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,462.35.

TransDigm Group Stock Up 0.6 %

Shares of NYSE TDG opened at $1,299.17 on Friday. The company has a market capitalization of $72.81 billion, a PE ratio of 50.75, a PEG ratio of 3.06 and a beta of 1.40. The stock’s 50 day moving average price is $1,293.18 and its 200-day moving average price is $1,313.89. TransDigm Group Incorporated has a twelve month low of $1,100.86 and a twelve month high of $1,451.32.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.73 by $0.84. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a negative return on equity of 50.40% and a net margin of 19.93%. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $7.16 EPS. As a group, research analysts expect that TransDigm Group Incorporated will post 34.11 EPS 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.