TransDigm Group Incorporated (NYSE:TDG) Shares Purchased by Mizuho Securities USA LLC

Mizuho Securities USA LLC lifted its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 46.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,329 shares of the aerospace company's stock after acquiring an additional 1,691 shares during the period. Mizuho Securities USA LLC's holdings in TransDigm Group were worth $6,753,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. State Street Corp increased its holdings in TransDigm Group by 1.3% in 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 in the last quarter. Principal Financial Group Inc. grew its stake in shares of TransDigm Group by 9.6% in the fourth quarter. Principal Financial Group Inc. now owns 2,126,274 shares of the aerospace company's stock valued at $2,694,585,000 after buying an additional 185,422 shares in the last quarter. JPMorgan Chase & Co. raised its holdings 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 buying an additional 173,642 shares during the period. FMR LLC lifted its position in TransDigm Group by 2.3% during the 3rd quarter. FMR LLC now owns 1,920,181 shares of the aerospace company's stock worth $2,740,348,000 after acquiring an additional 43,604 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in TransDigm Group by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,133,443 shares of the aerospace company's stock worth $1,612,583,000 after acquiring an additional 19,314 shares during the period. Hedge funds and other institutional investors own 95.78% of the company's stock.

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Wall Street Analyst Weigh In

A number of analysts have recently issued reports on TDG shares. StockNews.com upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Wednesday, January 8th. Citigroup boosted their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Truist Financial raised their target price 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. Deutsche Bank Aktiengesellschaft cut TransDigm Group from a "buy" rating to a "hold" rating and cut their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Finally, UBS Group raised TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 target price on the stock in a research report on Monday, February 24th. Six research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, TransDigm Group currently has an average rating of "Moderate Buy" and an average price target of $1,477.18.

TransDigm Group Trading Down 0.8 %

TDG traded down $10.63 during trading on Thursday, reaching $1,383.41. 165,961 shares of the company were exchanged, compared to its average volume of 233,257. TransDigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,451.32. The firm has a 50 day moving average of $1,341.20 and a 200 day moving average of $1,328.69. The stock has a market cap of $77.59 billion, a P/E ratio of 48.80, a PEG ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping analysts' consensus estimates of $6.73 by $0.84. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business had revenue of $2.01 billion for the quarter, compared to analysts' expectations of $2.03 billion. During the same quarter last year, the company earned $7.16 EPS. The company's revenue for the quarter was up 12.1% compared to the same quarter last year. As a group, analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Buying and Selling at TransDigm Group

In related news, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction dated 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 $27,942,799.96. The trade was a 20.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $1,267.21, for a total transaction of $25,344,200.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares of the company's stock, valued at $10,337,899.18. This represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 124,594 shares of company stock valued at $165,646,468 in the last quarter. Corporate insiders own 4.09% of the company's stock.

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.