TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by Howland Capital Management LLC

Howland Capital Management LLC increased its position in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 6.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,063 shares of the aerospace company's stock after purchasing an additional 988 shares during the period. Howland Capital Management LLC's holdings in TransDigm Group were worth $20,356,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TDG. CIBC Asset Management Inc boosted its holdings in TransDigm Group by 8.6% in the third quarter. CIBC Asset Management Inc now owns 8,169 shares of the aerospace company's stock worth $11,658,000 after acquiring an additional 644 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of TransDigm Group by 3.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 274,620 shares of the aerospace company's stock valued at $391,918,000 after buying an additional 7,947 shares during the period. JPMorgan Chase & Co. increased its holdings in TransDigm Group by 9.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock worth $2,851,160,000 after purchasing an additional 173,642 shares during the period. Westfield Capital Management Co. LP increased its position in TransDigm Group by 2.4% during the third quarter. Westfield Capital Management Co. LP now owns 372,061 shares of the aerospace company's stock worth $530,980,000 after buying an additional 8,655 shares during the period. Finally, Swiss National Bank grew its stake in shares of TransDigm Group by 0.9% in the 3rd quarter. Swiss National Bank now owns 166,100 shares of the aerospace company's stock valued at $237,046,000 after purchasing an additional 1,400 shares during the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

Insider Transactions at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the firm'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 sale, the director now directly owns 21,548 shares in the company, valued at approximately $27,942,799.96. This trade represents a 20.25 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction on Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total transaction of $3,771,270.00. Following the transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,525,524. The trade was a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 89,525 shares of company stock worth $112,769,801. 4.09% of the stock is owned by corporate insiders.

TransDigm Group Stock Performance

NYSE:TDG traded down $7.68 during trading hours on Wednesday, hitting $1,353.69. The company's stock had a trading volume of 309,301 shares, compared to its average volume of 262,939. TransDigm Group Incorporated has a 52-week low of $1,100.86 and a 52-week high of $1,451.32. The company has a market capitalization of $75.92 billion, a PE ratio of 47.75, a PEG ratio of 2.86 and a beta of 1.40. The business's 50-day moving average is $1,298.24 and its two-hundred day moving average is $1,316.72.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, beating analysts' consensus estimates of $6.73 by $0.84. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same period in the previous year, the business earned $7.16 EPS. The business's quarterly revenue was up 12.1% on a year-over-year basis. As a group, analysts predict that TransDigm Group Incorporated will post 34.11 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

TDG has been the subject of a number of research reports. Truist Financial boosted their price target on 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. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. KeyCorp increased their target price on TransDigm Group from $1,440.00 to $1,500.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a report on Wednesday, January 8th. Finally, Barclays reaffirmed an "equal weight" rating and issued a $1,500.00 price target on shares of TransDigm Group in a research report on Monday, January 6th. Seven research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $1,462.35.

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.