TransDigm Group Incorporated (NYSE:TDG) Shares Purchased by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB grew its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 30.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 564 shares of the aerospace company’s stock after purchasing an additional 131 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in TransDigm Group were worth $715,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Mezzasalma Advisors LLC lifted its position in TransDigm Group by 2.1% during the 4th quarter. Mezzasalma Advisors LLC now owns 2,531 shares of the aerospace company’s stock worth $3,207,000 after acquiring an additional 51 shares during the period. Conning Inc. grew its position in TransDigm Group by 26.7% in the 4th quarter. Conning Inc. now owns 342 shares of the aerospace company’s stock valued at $433,000 after buying an additional 72 shares during the last quarter. BLB&B Advisors LLC acquired a new position in TransDigm Group in the 4th quarter valued at $228,000. Realta Investment Advisors lifted its stake in shares of TransDigm Group by 9.0% in the 4th quarter. Realta Investment Advisors now owns 608 shares of the aerospace company’s stock worth $776,000 after acquiring an additional 50 shares during the period. Finally, Triasima Portfolio Management inc. acquired a new position in shares of TransDigm Group during the fourth quarter worth about $911,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TDG has been the topic of a number of recent analyst reports. Wells Fargo & Company raised TransDigm Group from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $1,375.00 to $1,500.00 in a report on Friday. Truist Financial increased their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. KeyCorp increased their target price on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. raised their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a research note on Monday, October 14th. Finally, StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, TransDigm Group has a consensus rating of “Moderate Buy” and a consensus target price of $1,462.35.

Insider Buying and Selling at TransDigm Group

In other news, Director Robert J. Small sold 38,053 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the completion of the transaction, the director now directly owns 567,323 shares in the company, valued at approximately $708,461,615.94. This represents a 6.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total transaction 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 approximately $27,942,799.96. This trade represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 89,525 shares of company stock valued at $112,769,801 in the last ninety days. Insiders own 4.09% of the company’s stock.

TransDigm Group Stock Performance

TransDigm Group stock opened at $1,334.35 on Tuesday. TransDigm Group Incorporated has a one year low of $1,100.86 and a one year high of $1,451.32. The stock’s 50 day moving average price is $1,294.68 and its 200 day moving average price is $1,315.07. The firm has a market capitalization of $74.83 billion, a PE ratio of 47.07, a price-to-earnings-growth ratio of 2.86 and a beta of 1.40.

TransDigm Group (NYSE:TDG) last announced its 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 business had revenue of $2.01 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $7.16 earnings per share. On average, analysts forecast that TransDigm Group Incorporated will post 34.11 earnings per share for the current fiscal 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.