TransDigm Group Incorporated (NYSE:TDG) Stock Position Lessened by NatWest Group plc

NatWest Group plc trimmed its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 96.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 191 shares of the aerospace company's stock after selling 5,493 shares during the period. NatWest Group plc's holdings in TransDigm Group were worth $242,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. First Personal Financial Services purchased a new position in shares of TransDigm Group in the 3rd quarter worth $29,000. Erste Asset Management GmbH purchased a new position in shares of TransDigm Group in the 3rd quarter worth about $29,000. Trust Co. of Vermont lifted its stake 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 valued at $32,000 after purchasing an additional 15 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of TransDigm Group by 225.0% during the 4th 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 period. Finally, DT Investment Partners LLC raised its holdings in TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock valued at $39,000 after buying an additional 11 shares during the period. Hedge funds and other institutional investors own 95.78% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TDG shares. 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 research note on Thursday, December 5th. Wells Fargo & Company upgraded TransDigm Group from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $1,375.00 to $1,500.00 in a report on Friday. JPMorgan Chase & Co. boosted their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a "neutral" rating in a research note on Monday, October 14th. Truist Financial upped their target price on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a "buy" rating in a research report on Tuesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft downgraded 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 report on Thursday, January 2nd. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to MarketBeat.com, TransDigm Group presently has an average rating of "Moderate Buy" and a consensus target price of $1,462.35.

TransDigm Group Stock Performance

Shares of TransDigm Group stock traded up $27.61 during trading on Tuesday, reaching $1,362.91. The company had a trading volume of 262,933 shares, compared to its average volume of 261,223. TransDigm Group Incorporated has a fifty-two week low of $1,100.86 and a fifty-two week high of $1,451.32. The firm's fifty day moving average is $1,296.16 and its 200-day moving average is $1,315.82. The company has a market cap of $76.43 billion, a price-to-earnings ratio of 48.07, a price-to-earnings-growth ratio of 2.86 and a beta of 1.40.

TransDigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.73 by $0.84. The firm had revenue of $2.01 billion for the quarter, compared to analysts' expectations of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. TransDigm Group's revenue for the quarter was up 12.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $7.16 earnings per share. On average, research analysts anticipate that TransDigm Group Incorporated will post 34.11 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Robert J. Small sold 38,053 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The stock was 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 of the company's stock, valued at approximately $708,461,615.94. This trade represents a 6.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the business's stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total value of $24,961,400.00. Following the transaction, the chief executive officer now owns 8,158 shares of the company's stock, valued at $10,181,755.06. This represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 89,525 shares of company stock worth $112,769,801 over the last ninety days. 4.09% of the stock is owned by insiders.

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.