Crossmark Global Holdings Inc. Has $3.28 Million Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Crossmark Global Holdings Inc. boosted its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 20.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,584 shares of the aerospace company’s stock after purchasing an additional 434 shares during the period. Crossmark Global Holdings Inc.’s holdings in TransDigm Group were worth $3,275,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp lifted its holdings in shares of TransDigm Group by 1.3% during the 3rd quarter. State Street Corp now owns 2,229,199 shares of the aerospace company’s stock valued at $3,181,357,000 after buying an additional 29,489 shares during the last quarter. JPMorgan Chase & Co. raised its position in TransDigm Group by 9.5% during the third quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock valued at $2,851,160,000 after acquiring an additional 173,642 shares in the last quarter. FMR LLC lifted its stake in TransDigm Group by 2.3% in the third quarter. FMR LLC now owns 1,920,181 shares of the aerospace company’s stock valued at $2,740,348,000 after acquiring an additional 43,604 shares during the last quarter. Geode Capital Management LLC grew its position in TransDigm Group by 1.7% in the third quarter. Geode Capital Management LLC now owns 1,133,443 shares of the aerospace company’s stock worth $1,612,583,000 after acquiring an additional 19,314 shares in the last quarter. Finally, Windacre Partnership LLC increased 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 purchasing an additional 217,700 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Truist Financial lifted their price objective 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. JPMorgan Chase & Co. upped their price target on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a research note on Monday, October 14th. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a “buy” rating to a “hold” rating and cut their price objective for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Citigroup upped their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Finally, Wells Fargo & Company dropped their price target on shares of TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 11th. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat.com, TransDigm Group has an average rating of “Moderate Buy” and an average target price of $1,455.00.

Insiders Place Their Bets

In related news, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated Friday, December 20th. The shares were 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 of the company’s stock, valued at $4,525,524. This represents a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $1,267.21, for a total value of $25,344,200.00. Following the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at $10,337,899.18. The trade was a 71.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 89,525 shares of company stock worth $112,769,801. 4.96% of the stock is currently owned by company insiders.

TransDigm Group Stock Performance

NYSE TDG opened at $1,354.43 on Thursday. TransDigm Group Incorporated has a twelve month low of $1,058.94 and a twelve month high of $1,451.32. The stock has a market cap of $76.16 billion, a PE ratio of 52.91, a PEG ratio of 3.03 and a beta of 1.38. The firm has a 50-day simple moving average of $1,276.90 and a 200 day simple moving average of $1,308.02.

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.