Amundi Grows Holdings in TransDigm Group Incorporated (NYSE:TDG)

Amundi lifted its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 213.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,017 shares of the aerospace company's stock after buying an additional 16,355 shares during the period. Amundi's holdings in TransDigm Group were worth $30,797,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TDG. Erste Asset Management GmbH bought a new position in TransDigm Group during the 3rd quarter valued at about $29,000. Capital Advisors Ltd. LLC grew its holdings in TransDigm Group by 200.0% during the 4th 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 last quarter. Trust Co. of Vermont grew its holdings in TransDigm Group by 150.0% during the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 15 shares during the last quarter. Versant Capital Management Inc grew its holdings in TransDigm Group by 225.0% during the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock valued at $33,000 after purchasing an additional 18 shares during the last quarter. Finally, Sachetta LLC grew its holdings in TransDigm Group by 105.9% during the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock valued at $44,000 after purchasing an additional 18 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

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TransDigm Group Stock Performance

TDG traded up $16.76 during trading on Friday, hitting $1,346.98. The stock had a trading volume of 182,176 shares, compared to its average volume of 258,979. The company has a market capitalization of $75.55 billion, a PE ratio of 47.51, a PEG ratio of 2.76 and a beta of 1.38. TransDigm Group Incorporated has a twelve month low of $1,163.82 and a twelve month high of $1,451.32. The stock has a 50 day simple moving average of $1,326.27 and a two-hundred day simple moving average of $1,327.33.

TransDigm Group (NYSE:TDG - Get Free Report) 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 company 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%. TransDigm Group's revenue was up 12.1% compared to the same quarter last year. During the same period last year, the firm earned $7.16 earnings per share. On average, equities research analysts anticipate that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the firm's stock in a transaction on Friday, December 20th. The shares were sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares of the company's stock, valued at approximately $4,525,524. This trade represents a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction on Monday, January 13th. The stock was sold at an average price of $1,267.21, for a total transaction of $25,344,200.00. Following the transaction, the chief executive officer now directly owns 8,158 shares of the company's stock, valued at approximately $10,337,899.18. This trade represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 123,594 shares of company stock worth $164,002,398 over the last three months. Corporate insiders own 4.09% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on TDG shares. Citigroup upped their price target on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Truist Financial boosted their price objective on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a "buy" rating in a research report on Tuesday, January 14th. Wells Fargo & Company raised shares of TransDigm Group from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research report on Wednesday, January 8th. Finally, 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 report on Monday, February 24th. Six investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $1,472.47.

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.