Callan Family Office LLC Makes New $649,000 Investment in TransDigm Group Incorporated (NYSE:TDG)

Callan Family Office LLC acquired a new stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 512 shares of the aerospace company's stock, valued at approximately $649,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Personal Financial Services bought a new stake in TransDigm Group in the 3rd quarter valued at $29,000. Erste Asset Management GmbH purchased a new position in shares of TransDigm Group in the 3rd quarter worth $29,000. Capital Advisors Ltd. LLC grew its stake in shares of TransDigm Group by 200.0% in the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock worth $30,000 after buying an additional 16 shares in the last quarter. Trust Co. of Vermont grew its stake in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock worth $32,000 after buying an additional 15 shares in the last quarter. Finally, Versant Capital Management Inc grew its stake in shares of TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock worth $33,000 after buying an additional 18 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on TDG shares. Truist Financial lifted 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 note on Tuesday, January 14th. Barclays reissued an "equal weight" rating and issued a $1,500.00 price objective on shares of TransDigm Group in a research note on Monday, January 6th. UBS Group raised 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, February 24th. Citigroup lifted their price target on shares of 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. Finally, Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a "buy" rating to a "hold" rating and dropped their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Six research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,472.47.

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Insider Activity

In related news, Director W Nicholas Howley sold 5,472 shares of the business's stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total transaction of $7,095,925.44. Following the completion of the transaction, the director now owns 21,548 shares in the company, valued at $27,942,799.96. The trade was a 20.25 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Kevin M. Stein sold 20,000 shares of the business's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the transaction, the chief executive officer now owns 8,158 shares of the company's stock, valued at approximately $10,181,755.06. This trade represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 181,647 shares of company stock worth $236,483,623. 4.09% of the stock is currently owned by corporate insiders.

TransDigm Group Stock Up 0.5 %

TDG traded up $6.64 on Wednesday, reaching $1,326.51. 343,209 shares of the company traded hands, compared to its average volume of 260,428. TransDigm Group Incorporated has a one year low of $1,163.82 and a one year high of $1,451.32. The firm has a fifty day simple moving average of $1,323.34 and a two-hundred day simple moving average of $1,326.99. The company has a market cap of $74.40 billion, a P/E ratio of 46.79, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG - Get Free Report) last posted its quarterly 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. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the previous year, the business posted $7.16 EPS. The company's quarterly revenue was up 12.1% compared to the same quarter last year. On average, equities analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

About TransDigm Group

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.