Dimensional Fund Advisors LP Grows Stock Position in TransDigm Group Incorporated (NYSE:TDG)

Dimensional Fund Advisors LP boosted its stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 3.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 143,869 shares of the aerospace company's stock after acquiring an additional 4,141 shares during the quarter. Dimensional Fund Advisors LP owned 0.26% of TransDigm Group worth $182,344,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of TDG. Capital Advisors Ltd. LLC grew its stake in shares of TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock worth $30,000 after purchasing an additional 16 shares during the last quarter. Trust Co. of Vermont grew its position 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 during the last quarter. Versant Capital Management Inc increased its stake in shares of TransDigm Group by 225.0% during the fourth 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. increased its stake in shares of TransDigm Group by 210.0% during 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 period. Finally, Sachetta LLC raised its holdings in shares of TransDigm Group by 105.9% during the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock valued at $44,000 after acquiring an additional 18 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TDG. UBS Group upgraded shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price target on the stock in a report on Monday, February 24th. Susquehanna lifted 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 research note on Wednesday, April 2nd. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a "buy" rating to a "hold" rating and decreased their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Truist Financial cut their price objective on TransDigm Group from $1,534.00 to $1,490.00 and set a "buy" rating on the stock in a research report on Thursday, April 17th. Finally, Wells Fargo & Company reduced their target price on TransDigm Group from $1,410.00 to $1,375.00 and set an "overweight" rating on the stock in a report on Tuesday, April 15th. Five equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $1,464.41.

TransDigm Group Price Performance

TransDigm Group stock traded up $18.50 during mid-day trading on Monday, reaching $1,396.63. The stock had a trading volume of 109,018 shares, compared to its average volume of 278,456. TransDigm Group Incorporated has a one year low of $1,176.31 and a one year high of $1,451.32. The company has a 50-day moving average price of $1,338.78 and a two-hundred day moving average price of $1,319.60. The company has a market capitalization of $78.33 billion, a price-to-earnings ratio of 49.30, a PEG ratio of 2.76 and a beta of 1.08.

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

Insider Transactions at TransDigm Group

In other news, COO Joel Reiss sold 3,300 shares of the business's stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $1,321.80, for a total transaction of $4,361,940.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at $4,758,480. The trade was a 47.83 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert J. Small sold 1,000 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $1,335.22, for a total transaction of $1,335,220.00. Following the completion of the sale, the director now owns 95,147 shares in the company, valued at $127,042,177.34. This represents a 1.04 % 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 quarter. 4.09% of the stock is currently owned by insiders.

TransDigm Group 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.