Settian Capital LP Invests $1.01 Million in TransDigm Group Incorporated (NYSE:TDG)

Settian Capital LP purchased a new stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 800 shares of the aerospace company's stock, valued at approximately $1,014,000. TransDigm Group comprises about 0.7% of Settian Capital LP's investment portfolio, making the stock its 27th biggest position.

A number of other large investors have also recently bought and sold shares of the business. State Street Corp raised its stake in shares of TransDigm Group by 1.3% during the third quarter. State Street Corp now owns 2,229,199 shares of the aerospace company's stock worth $3,181,357,000 after purchasing an additional 29,489 shares during the last quarter. Principal Financial Group Inc. increased its stake in TransDigm Group by 9.6% in 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 buying an additional 185,422 shares during the period. JPMorgan Chase & Co. increased its stake in TransDigm Group by 9.5% in 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 stake in shares of TransDigm Group by 2.3% in 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 during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of TransDigm Group by 1.7% in the third 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 in the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

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TransDigm Group Price Performance

TransDigm Group stock traded up $36.70 during mid-day trading on Monday, hitting $1,382.82. 204,744 shares of the company were exchanged, compared to its average volume of 232,861. TransDigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,451.32. The business's 50 day simple moving average is $1,337.26 and its two-hundred day simple moving average is $1,327.53. The company has a market capitalization of $77.56 billion, a P/E ratio of 48.78, a PEG ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 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 firm had revenue of $2.01 billion during the quarter, compared to analysts' expectations of $2.03 billion. During the same quarter last year, the business posted $7.16 EPS. The firm's quarterly revenue was up 12.1% compared to the same quarter last year. Equities research analysts predict that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Insider Activity at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $1,359.06, for a total value of $4,077,180.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,892,616. This represents a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Kevin M. Stein sold 20,000 shares of the firm's stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $1,267.21, for a total value of $25,344,200.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at approximately $10,337,899.18. The trade was a 71.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 124,594 shares of company stock valued at $165,646,468. Company insiders own 4.09% of the company's stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. UBS Group raised shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price target for the company in a report on Monday, February 24th. Barclays reissued an "equal weight" rating and issued a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. Citigroup upped their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a research report on Wednesday, January 8th. Finally, Truist Financial increased their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to MarketBeat.com, TransDigm Group has an average rating of "Moderate Buy" and an average price target of $1,472.47.

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.