Motley Fool Asset Management LLC Purchases 419 Shares of TransDigm Group Incorporated (NYSE:TDG)

Motley Fool Asset Management LLC grew its position in TransDigm Group Incorporated (NYSE:TDG) by 18.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,676 shares of the aerospace company’s stock after purchasing an additional 419 shares during the quarter. Motley Fool Asset Management LLC’s holdings in TransDigm Group were worth $3,391,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Public Sector Pension Investment Board boosted its position in TransDigm Group by 13.9% during the third quarter. Public Sector Pension Investment Board now owns 2,453 shares of the aerospace company’s stock valued at $3,501,000 after acquiring an additional 300 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of TransDigm Group by 0.8% in the 3rd quarter. Captrust Financial Advisors now owns 2,449 shares of the aerospace company’s stock valued at $3,494,000 after purchasing an additional 20 shares during the period. Erste Asset Management GmbH bought a new stake in shares of TransDigm Group during the 3rd quarter valued at about $29,000. Benjamin Edwards Inc. acquired a new stake in TransDigm Group during the third quarter worth approximately $1,550,000. Finally, Ascent Group LLC increased its holdings in TransDigm Group by 2.1% in the third quarter. Ascent Group LLC now owns 1,039 shares of the aerospace company’s stock worth $1,483,000 after purchasing an additional 21 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

TransDigm Group Stock Up 0.2 %

TDG opened at $1,400.28 on Thursday. The company’s 50-day moving average price is $1,345.69 and its two-hundred day moving average price is $1,330.65. TransDigm Group Incorporated has a twelve month low of $1,176.31 and a twelve month high of $1,451.32. The stock has a market cap of $78.53 billion, a price-to-earnings ratio of 49.39, a PEG ratio of 2.76 and a beta of 1.38.

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

Insider Buying and Selling

In other news, Director Robert J. Small sold 1,000 shares of TransDigm Group stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $1,335.22, for a total value of $1,335,220.00. Following the completion of the transaction, the director now owns 95,147 shares in the company, valued at $127,042,177.34. This trade represents a 1.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kevin M. Stein sold 20,000 shares of the company’s 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 transaction of $25,344,200.00. Following the sale, the chief executive officer now 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 90 days, insiders sold 124,594 shares of company stock valued at $165,646,468. 4.09% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Susquehanna raised their price objective on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a “neutral” rating in a research report on Wednesday. Barclays restated an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. UBS Group upgraded 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. Truist Financial raised their target price on 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. Finally, Citigroup upped their price target on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. Based on data from MarketBeat, TransDigm Group presently has a consensus rating of “Moderate Buy” and an average price target of $1,480.12.

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.