TransDigm Group Incorporated (NYSE:TDG) Stock Holdings Lifted by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC increased its holdings in TransDigm Group Incorporated (NYSE:TDG) by 24.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 4,394 shares of the aerospace company’s stock after buying an additional 858 shares during the period. O Shaughnessy Asset Management LLC’s holdings in TransDigm Group were worth $5,568,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of TDG. Vanguard Group Inc. boosted its stake in TransDigm Group by 1.3% in the fourth quarter. Vanguard Group Inc. now owns 6,270,803 shares of the aerospace company’s stock valued at $7,946,863,000 after acquiring an additional 79,284 shares during the period. State Street Corp boosted its position in 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 purchasing an additional 29,489 shares during the period. JPMorgan Chase & Co. grew its stake in TransDigm Group by 10.4% during the 4th quarter. JPMorgan Chase & Co. now owns 2,204,649 shares of the aerospace company’s stock worth $2,793,908,000 after buying an additional 206,822 shares during the last quarter. Principal Financial Group Inc. increased its position in TransDigm Group by 9.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,126,274 shares of the aerospace company’s stock worth $2,694,585,000 after buying an additional 185,422 shares during the period. Finally, Geode Capital Management LLC lifted its stake 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 valued at $1,612,583,000 after buying an additional 19,314 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Insiders Place Their Bets

In other news, Director W Nicholas Howley sold 5,472 shares of the firm’s stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the completion of the sale, the director now owns 21,548 shares of the company’s stock, valued at $27,942,799.96. This trade represents a 20.25 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Kevin M. Stein sold 20,000 shares of the company’s stock in a transaction 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 transaction, 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. Insiders sold a total of 124,594 shares of company stock worth $165,646,468 over the last ninety days. 4.09% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on TDG. UBS Group raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective on the stock in a report on Monday, February 24th. StockNews.com cut TransDigm Group from a “buy” rating to a “hold” rating in a report on Monday. Wells Fargo & Company increased their price objective on TransDigm Group from $1,500.00 to $1,580.00 and gave the stock an “overweight” rating in a report on Tuesday, March 25th. 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 note on Thursday, December 5th. Finally, Deutsche Bank Aktiengesellschaft cut TransDigm Group from a “buy” rating to a “hold” rating and decreased their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,477.18.

TransDigm Group Stock Performance

NYSE TDG opened at $1,395.22 on Wednesday. TransDigm Group Incorporated has a 1 year low of $1,176.31 and a 1 year high of $1,451.32. The business’s fifty day moving average is $1,344.78 and its two-hundred day moving average is $1,330.16. The stock has a market capitalization of $78.25 billion, a P/E ratio of 49.21, a P/E/G ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG) last announced its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating the consensus estimate of $6.73 by $0.84. The business 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 42.87% and a net margin of 20.76%. TransDigm Group’s revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the business posted $7.16 earnings per share. On average, research analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current 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.