TransDigm Group Incorporated (NYSE:TDG) Stock Holdings Lifted by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lifted its position in TransDigm Group Incorporated (NYSE:TDG) by 41.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,005 shares of the aerospace company’s stock after acquiring an additional 1,172 shares during the period. Kestra Private Wealth Services LLC’s holdings in TransDigm Group were worth $5,075,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. CIBC Asset Management Inc increased its position in shares of TransDigm Group by 8.6% in the third quarter. CIBC Asset Management Inc now owns 8,169 shares of the aerospace company’s stock worth $11,658,000 after acquiring an additional 644 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of TransDigm Group by 3.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 274,620 shares of the aerospace company’s stock worth $391,918,000 after acquiring an additional 7,947 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of TransDigm Group by 9.5% in the third 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. Westfield Capital Management Co. LP increased its position in shares of TransDigm Group by 2.4% in the third quarter. Westfield Capital Management Co. LP now owns 372,061 shares of the aerospace company’s stock worth $530,980,000 after acquiring an additional 8,655 shares in the last quarter. Finally, Swiss National Bank increased its position in shares of TransDigm Group by 0.9% in the third quarter. Swiss National Bank now owns 166,100 shares of the aerospace company’s stock worth $237,046,000 after acquiring an additional 1,400 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, 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 transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at approximately $4,892,616. The trade was a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at $10,337,899.18. This trade represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 89,525 shares of company stock valued at $112,769,801 over the last 90 days. 4.09% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on TDG shares. JPMorgan Chase & Co. raised their price target on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Citigroup raised their price target on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Wells Fargo & Company upgraded shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $1,375.00 to $1,500.00 in a report on Friday. Finally, KeyCorp raised their price target on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,462.35.

TransDigm Group Stock Up 0.5 %

NYSE:TDG opened at $1,334.35 on Tuesday. 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 cap of $74.83 billion, a price-to-earnings ratio of 47.07, a P/E/G ratio of 2.86 and a beta of 1.40. The company’s 50 day moving average is $1,294.68 and its 200-day moving average is $1,315.07.

TransDigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same quarter last year, the firm posted $7.16 earnings per share. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. Research analysts predict 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.