Kohmann Bosshard Financial Services LLC Purchases Shares of 200 TransDigm Group Incorporated (NYSE:TDG)

Kohmann Bosshard Financial Services LLC purchased a new stake in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 200 shares of the aerospace company's stock, valued at approximately $253,000.

A number of other large investors have also made changes to their positions in the company. State Street Corp grew its stake in shares of TransDigm Group by 1.3% during the 3rd quarter. State Street Corp now owns 2,229,199 shares of the aerospace company's stock valued at $3,181,357,000 after purchasing an additional 29,489 shares during the period. Principal Financial Group Inc. grew its stake in shares of TransDigm Group by 9.6% during the 4th quarter. Principal Financial Group Inc. now owns 2,126,274 shares of the aerospace company's stock valued at $2,694,585,000 after purchasing an additional 185,422 shares during the period. JPMorgan Chase & Co. grew its stake in shares of TransDigm Group by 9.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company's stock valued at $2,851,160,000 after purchasing an additional 173,642 shares during the period. FMR LLC grew its stake in shares of TransDigm Group by 2.3% during the 3rd quarter. FMR LLC now owns 1,920,181 shares of the aerospace company's stock valued at $2,740,348,000 after acquiring an additional 43,604 shares during the period. Finally, Geode Capital Management LLC grew its stake in shares of TransDigm Group by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,133,443 shares of the aerospace company's stock valued at $1,612,583,000 after acquiring an additional 19,314 shares during the period. 95.78% of the stock is currently owned by institutional investors.

TransDigm Group Trading Down 1.7 %

Shares of TDG traded down $23.22 during midday trading on Tuesday, reaching $1,347.60. 261,207 shares of the stock were exchanged, compared to its average volume of 257,356. TransDigm Group Incorporated has a 52 week low of $1,136.27 and a 52 week high of $1,451.32. The company's 50 day moving average is $1,316.62 and its two-hundred day moving average is $1,325.91. The company has a market capitalization of $75.58 billion, a P/E ratio of 47.53, a PEG ratio of 2.76 and a beta of 1.40.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter last year, the company earned $7.16 earnings per share. The firm's revenue for the quarter was up 12.1% compared to the same quarter last year. On average, sell-side analysts expect that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insider Activity at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of the firm's stock in a transaction dated 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 sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at $4,525,524. This trade represents a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robert J. Small sold 38,053 shares of the firm's stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the sale, the director now directly owns 567,323 shares in the company, valued at approximately $708,461,615.94. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 121,647 shares of company stock valued at $155,847,223 over the last quarter. 4.09% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

TDG has been the subject of a number of recent research reports. Truist Financial boosted their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a "buy" rating in a research note on Tuesday, January 14th. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research note on Wednesday, January 8th. Citigroup boosted their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Deutsche Bank Aktiengesellschaft downgraded 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. Finally, Barclays restated an "equal weight" rating and issued a $1,500.00 price target on shares of TransDigm Group in a research note on Monday, January 6th. Six investment analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average 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.