Syon Capital LLC Boosts Holdings in TransDigm Group Incorporated (NYSE:TDG)

by · The Cerbat Gem

Syon Capital LLC increased its position in shares of TransDigm Group Incorporated (NYSE:TDG – Free Report) by 25.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 399 shares of the aerospace company’s stock after buying an additional 82 shares during the quarter. Syon Capital LLC’s holdings in TransDigm Group were worth $506,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in TDG. Capital Advisors Ltd. LLC raised its position in TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock valued at $30,000 after purchasing an additional 16 shares during the period. Trust Co. of Vermont increased its position in shares of 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 purchasing an additional 15 shares during the last quarter. Versant Capital Management Inc raised its holdings in TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock valued at $33,000 after buying an additional 18 shares during the period. Meeder Asset Management Inc. lifted its position in TransDigm Group by 210.0% in the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company’s stock valued at $39,000 after buying an additional 21 shares during the last quarter. Finally, Sachetta LLC boosted its stake in TransDigm Group by 105.9% during the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock worth $44,000 after buying an additional 18 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

TransDigm Group Trading Up 1.1 %

TransDigm Group stock opened at $1,367.36 on Friday. TransDigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,451.32. The stock has a market cap of $76.69 billion, a P/E ratio of 48.23, a price-to-earnings-growth ratio of 2.76 and a beta of 1.08. The company has a fifty day simple moving average of $1,337.20 and a 200-day simple moving average of $1,320.39.

TransDigm Group (NYSE:TDG – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $6.73 by $0.84. The business had revenue of $2.01 billion for 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%. The business’s revenue for the quarter was up 12.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $7.16 EPS. As a group, sell-side analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Analysts Set New Price Targets

TDG has been the topic of a number of research analyst reports. Barclays reissued an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a research note on Monday, January 6th. Susquehanna upped their price target on TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 2nd. Truist Financial dropped their price objective on TransDigm Group from $1,534.00 to $1,490.00 and set a “buy” rating for the company in a research note on Thursday, April 17th. 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 report on Thursday, January 2nd. Finally, UBS Group upgraded TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 target price for the company in a report on Monday, February 24th. Five research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,464.41.

View Our Latest Stock Report on TDG

Insider Transactions at TransDigm Group

In related news, Director Robert J. Small sold 1,000 shares of the business’s stock in a transaction on 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 sale, the director now directly owns 95,147 shares of the company’s stock, valued at $127,042,177.34. The trade was a 1.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $1,323.02, for a total value of $3,969,060.00. Following the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,762,872. The trade was a 45.45 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 124,894 shares of company stock worth $167,450,256. 4.09% of the stock is currently owned by insiders.

TransDigm Group Profile

(Free Report)

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.

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