Amalgamated Bank Has $13.95 Million Stake in TransDigm Group Incorporated (NYSE:TDG)

Amalgamated Bank cut its stake in TransDigm Group Incorporated (NYSE:TDG) by 0.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,004 shares of the aerospace company’s stock after selling 91 shares during the period. Amalgamated Bank’s holdings in TransDigm Group were worth $13,945,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in TDG. First Personal Financial Services acquired a new position in shares of TransDigm Group during the third quarter worth about $29,000. Erste Asset Management GmbH acquired a new stake in TransDigm Group in the 3rd quarter valued at approximately $29,000. Capital Advisors Ltd. LLC lifted its stake in TransDigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock valued at $30,000 after acquiring an additional 16 shares in the last quarter. Trust Co. of Vermont boosted its position in TransDigm Group by 150.0% during the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 15 shares during the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of TransDigm Group by 225.0% during the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 18 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Insider Transactions at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of the company’s stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $1,248.07, for a total value of $24,961,400.00. Following the transaction, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at $10,181,755.06. This represents a 71.03 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Robert J. Small sold 38,053 shares of TransDigm Group stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the sale, the director now directly owns 567,323 shares of the company’s stock, valued at $708,461,615.94. This represents a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 121,647 shares of company stock worth $155,847,223. Company insiders own 4.09% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Truist Financial boosted their price objective on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a “buy” rating to a “hold” rating and lowered their price target for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. UBS Group upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective for the company in a research note on Monday. Citigroup lifted their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Finally, Wells Fargo & Company upgraded TransDigm Group from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $1,375.00 to $1,500.00 in a report on Friday, February 7th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,472.47.

TransDigm Group Price Performance

NYSE:TDG opened at $1,336.21 on Wednesday. The firm’s fifty day moving average price is $1,308.65 and its two-hundred day moving average price is $1,322.47. The company has a market cap of $74.94 billion, a P/E ratio of 47.13, a P/E/G ratio of 2.76 and a beta of 1.40. TransDigm Group Incorporated has a one year low of $1,136.27 and a one year high of $1,451.32.

TransDigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating the consensus estimate of $6.73 by $0.84. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business’s revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the firm earned $7.16 EPS. As a group, equities research analysts expect that TransDigm Group Incorporated will post 35.13 earnings per share for the current 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.