Russell Investments Group Ltd. Buys 1,287 Shares of TransDigm Group Incorporated (NYSE:TDG)

Russell Investments Group Ltd. grew its position in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 66,863 shares of the aerospace company's stock after acquiring an additional 1,287 shares during the quarter. Russell Investments Group Ltd. owned 0.12% of TransDigm Group worth $84,744,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Capital Advisors Ltd. LLC grew its position in TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock valued at $30,000 after purchasing an additional 16 shares in the last quarter. Trust Co. of Vermont grew its holdings 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 acquiring an additional 15 shares in the last quarter. Versant Capital Management Inc increased its position in shares of TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock valued at $33,000 after acquiring an additional 18 shares during the last quarter. Meeder Asset Management Inc. boosted its position in TransDigm Group by 210.0% during the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company's stock valued at $39,000 after purchasing an additional 21 shares during the last quarter. Finally, Sachetta LLC grew its stake in TransDigm Group by 105.9% in the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock valued at $44,000 after purchasing an additional 18 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

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Insider Buying and Selling

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $1,267.21, for a total value of $25,344,200.00. Following the transaction, the chief executive officer now directly owns 8,158 shares of the company's stock, valued at $10,337,899.18. This trade represents a 71.03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $1,360.04, for a total transaction of $4,080,120.00. Following the sale, the chief operating officer now directly owns 3,600 shares of the company's stock, valued at approximately $4,896,144. This trade represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 124,594 shares of company stock worth $165,646,468. Company insiders own 4.09% of the company's stock.

TransDigm Group Price Performance

TransDigm Group stock traded up $10.45 during midday trading on Friday, hitting $1,308.65. The company's stock had a trading volume of 75,392 shares, compared to its average volume of 249,464. The company has a market cap of $73.40 billion, a price-to-earnings ratio of 46.14, a PEG ratio of 2.76 and a beta of 1.08. TransDigm Group Incorporated has a 1-year low of $1,176.31 and a 1-year high of $1,451.32. The company has a 50-day moving average price of $1,335.12 and a two-hundred day moving average price of $1,324.78.

TransDigm Group (NYSE:TDG - Get Free Report) last released 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 net margin of 20.76% and a negative return on equity of 42.87%. The company 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 earnings per share. The firm's quarterly revenue was up 12.1% on a year-over-year basis. Sell-side analysts forecast that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TDG. Barclays reissued an "equal weight" rating and issued a $1,500.00 price objective on shares of TransDigm Group in a report on Monday, January 6th. Wells Fargo & Company cut their price target on shares of TransDigm Group from $1,580.00 to $1,410.00 and set an "overweight" rating for the company in a research note on Tuesday. StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a report on Tuesday. Susquehanna lifted their price target on TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a "neutral" rating in a report on Wednesday, April 2nd. Finally, UBS Group raised TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price target on the stock in a research report on Monday, February 24th. Five research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $1,471.78.

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.