TransDigm Group Incorporated (NYSE:TDG) Holdings Raised by Blair William & Co. IL

Blair William & Co. IL grew its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 0.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 177,384 shares of the aerospace company’s stock after acquiring an additional 188 shares during the period. Blair William & Co. IL’s holdings in TransDigm Group were worth $226,628,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of TDG. Zega Financial LLC lifted its holdings in shares of TransDigm Group by 8.1% during the 2nd quarter. Zega Financial LLC now owns 656 shares of the aerospace company’s stock valued at $838,000 after buying an additional 49 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its position in TransDigm Group by 9.6% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 4,224 shares of the aerospace company’s stock worth $5,315,000 after buying an additional 371 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. raised its holdings in TransDigm Group by 12.0% during the second quarter. Meiji Yasuda Asset Management Co Ltd. now owns 870 shares of the aerospace company’s stock valued at $1,112,000 after buying an additional 93 shares in the last quarter. Argent Trust Co lifted its position in shares of TransDigm Group by 38.2% in the second quarter. Argent Trust Co now owns 333 shares of the aerospace company’s stock worth $425,000 after buying an additional 92 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in shares of TransDigm Group by 171.5% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 6,174 shares of the aerospace company’s stock worth $8,424,000 after acquiring an additional 3,900 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction on Monday, July 15th. The stock was sold at an average price of $1,241.60, for a total transaction of $3,724,800.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at $4,469,760. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $1,241.60, for a total transaction of $3,724,800.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,469,760. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director W Nicholas Howley sold 5,073 shares of TransDigm Group stock in a transaction that occurred on Monday, July 15th. The shares were sold at an average price of $1,242.30, for a total transaction of $6,302,187.90. Following the completion of the transaction, the director now owns 21,548 shares of the company’s stock, valued at approximately $26,769,080.40. The disclosure for this sale can be found here. Insiders have sold 28,073 shares of company stock worth $34,795,388 over the last three months. Company insiders own 4.96% of the company’s stock.

Analyst Upgrades and Downgrades

TDG has been the topic of a number of recent analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a $1,500.00 price objective on shares of TransDigm Group in a research note on Wednesday, August 7th. Jefferies Financial Group dropped their price target on shares of TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating on the stock in a research report on Tuesday, August 13th. Northcoast Research started coverage on shares of TransDigm Group in a research note on Thursday, August 1st. They issued a “neutral” rating for the company. Morgan Stanley raised their target price on shares of TransDigm Group from $1,550.00 to $1,575.00 and gave the company an “overweight” rating in a research note on Wednesday, August 7th. Finally, Wells Fargo & Company cut their target price on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 7th. Eight equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,438.24.

TransDigm Group Stock Performance

Shares of TransDigm Group stock opened at $1,375.45 on Wednesday. The firm has a market cap of $76.97 billion, a P/E ratio of 54.56, a price-to-earnings-growth ratio of 2.12 and a beta of 1.42. The firm’s 50-day simple moving average is $1,286.00 and its 200-day simple moving average is $1,271.82. TransDigm Group Incorporated has a twelve month low of $802.46 and a twelve month high of $1,388.41.

TransDigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, August 6th. The aerospace company reported $9.00 earnings per share for the quarter, beating analysts’ consensus estimates of $7.77 by $1.23. TransDigm Group had a negative return on equity of 66.70% and a net margin of 21.83%. The company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the previous year, the business earned $6.55 earnings per share. The company’s quarterly revenue was up 17.3% on a year-over-year basis. On average, equities analysts forecast that TransDigm Group Incorporated will post 30.69 earnings per share for the current fiscal year.

TransDigm Group 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.