Mn Services Vermogensbeheer B.V. Acquires 500 Shares of TransDigm Group Incorporated (NYSE:TDG)

Mn Services Vermogensbeheer B.V. grew its position in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 2.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,800 shares of the aerospace company's stock after purchasing an additional 500 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in TransDigm Group were worth $27,627,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. First Personal Financial Services purchased a new stake in TransDigm Group in the 3rd quarter valued at about $29,000. Erste Asset Management GmbH bought a new position in shares of TransDigm Group in the third quarter valued at approximately $29,000. Capital Advisors Ltd. LLC increased its position in shares of TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after acquiring an additional 16 shares during the last quarter. Trust Co. of Vermont lifted its holdings in TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock worth $32,000 after acquiring an additional 15 shares during the period. Finally, Versant Capital Management Inc boosted its position in TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock worth $33,000 after purchasing an additional 18 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

TransDigm Group Stock Performance

TransDigm Group stock traded up $2.62 during midday trading on Monday, reaching $1,369.82. 246,365 shares of the stock were exchanged, compared to its average volume of 257,250. The company's fifty day moving average is $1,314.11 and its 200-day moving average is $1,324.75. TransDigm Group Incorporated has a 52 week low of $1,136.27 and a 52 week high of $1,451.32. The firm has a market cap of $76.83 billion, a PE ratio of 48.32, a PEG ratio of 2.76 and a beta of 1.40.

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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 (EPS) for the quarter, topping 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 business posted $7.16 earnings per share. The firm's revenue was up 12.1% compared to the same quarter last year. On average, sell-side analysts anticipate that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on TDG. Wells Fargo & Company upgraded TransDigm Group from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $1,375.00 to $1,500.00 in a research note on Friday, February 7th. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a "buy" rating to a "hold" rating and dropped their target price for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. StockNews.com upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Wednesday, January 8th. Truist Financial increased their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Finally, Barclays restated an "equal weight" rating and issued a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. Six research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $1,472.47.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,000 shares of the stock in a transaction on Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the transaction, the chief operating officer now owns 3,600 shares of the company's stock, valued at $4,525,524. This represents a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 owns 567,323 shares in the company, valued at $708,461,615.94. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 121,647 shares of company stock worth $155,847,223. Insiders own 4.09% of the company's stock.

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.