TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by Capital World Investors

Capital World Investors lifted its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 4.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,791,927 shares of the aerospace company's stock after purchasing an additional 155,541 shares during the quarter. Capital World Investors owned about 6.76% of TransDigm Group worth $4,805,434,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of TDG. Resonant Capital Advisors LLC lifted its stake in TransDigm Group by 1.8% during the fourth quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company's stock worth $585,000 after purchasing an additional 8 shares in the last quarter. Quent Capital LLC boosted its holdings in TransDigm Group by 6.5% during the 4th quarter. Quent Capital LLC now owns 132 shares of the aerospace company's stock valued at $167,000 after acquiring an additional 8 shares during the period. Lindbrook Capital LLC boosted its holdings in TransDigm Group by 3.6% during the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the aerospace company's stock valued at $293,000 after acquiring an additional 8 shares during the period. CX Institutional grew its position in TransDigm Group by 5.4% in the 4th quarter. CX Institutional now owns 175 shares of the aerospace company's stock valued at $222,000 after acquiring an additional 9 shares in the last quarter. Finally, Western Financial Corp CA increased its stake in TransDigm Group by 0.6% during the fourth quarter. Western Financial Corp CA now owns 1,501 shares of the aerospace company's stock worth $1,902,000 after purchasing an additional 9 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

TransDigm Group Trading Up 0.9 %

TDG stock traded up $12.78 on Thursday, hitting $1,364.78. The company's stock had a trading volume of 89,832 shares, compared to its average volume of 280,200. The stock has a market cap of $76.54 billion, a price-to-earnings ratio of 48.14, a price-to-earnings-growth ratio of 2.76 and a beta of 1.08. The firm has a 50 day moving average of $1,336.16 and a two-hundred day moving average of $1,320.32. TransDigm Group Incorporated has a 1 year low of $1,176.31 and a 1 year high of $1,451.32.

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, topping 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 quarter in the prior year, the firm earned $7.16 earnings per share. As a group, equities analysts forecast that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insider Transactions at TransDigm Group

In other news, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $1,354.08, for a total transaction of $27,081,600.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares of the company's stock, valued at approximately $11,046,584.64. This represents a 71.03 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $1,315.93, for a total value of $7,200,768.96. Following the completion of the transaction, the director now owns 21,548 shares of the company's stock, valued at $28,355,659.64. The trade was a 20.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 124,894 shares of company stock worth $167,450,256 over the last 90 days. 4.09% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TDG has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a "buy" rating to a "hold" rating and dropped their price objective for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Barclays reiterated an "equal weight" rating and issued a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Susquehanna raised their target price on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a report on Wednesday, April 2nd. Northcoast Research upgraded shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price target for the company in a report on Wednesday, April 9th. Finally, StockNews.com upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a report on Wednesday. Five investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. According to data from MarketBeat.com, TransDigm Group has an average rating of "Moderate Buy" and an average target price of $1,464.41.

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.