TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by Sterling Capital Management LLC

Sterling Capital Management LLC lifted its position in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 4.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,956 shares of the aerospace company's stock after purchasing an additional 351 shares during the quarter. Sterling Capital Management LLC's holdings in TransDigm Group were worth $10,082,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of TDG. Resonant Capital Advisors LLC grew its holdings in shares of TransDigm Group by 1.8% during the fourth quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company's stock worth $585,000 after buying an additional 8 shares in the last quarter. Quent Capital LLC boosted its position in TransDigm Group by 6.5% during the fourth quarter. Quent Capital LLC now owns 132 shares of the aerospace company's stock worth $167,000 after acquiring an additional 8 shares during the last quarter. Lindbrook Capital LLC grew its stake in TransDigm Group by 3.6% in the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the aerospace company's stock worth $293,000 after acquiring an additional 8 shares during the period. CX Institutional raised its holdings in TransDigm Group by 5.4% in the 4th quarter. CX Institutional now owns 175 shares of the aerospace company's stock valued at $222,000 after acquiring an additional 9 shares during the last quarter. Finally, Western Financial Corp CA lifted its stake in shares of TransDigm Group by 0.6% during the 4th quarter. Western Financial Corp CA now owns 1,501 shares of the aerospace company's stock worth $1,902,000 after purchasing an additional 9 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

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TransDigm Group Stock Up 1.7 %

NYSE TDG traded up $22.97 during trading hours on Tuesday, hitting $1,360.10. The company had a trading volume of 575,480 shares, compared to its average volume of 252,359. The business has a fifty day simple moving average of $1,336.02 and a 200-day simple moving average of $1,322.97. The firm has a market cap of $76.28 billion, a P/E ratio of 47.98, a price-to-earnings-growth ratio of 2.76 and a beta of 1.08. TransDigm Group Incorporated has a fifty-two week low of $1,176.31 and a fifty-two week high of $1,451.32.

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

Wall Street Analyst Weigh In

TDG has been the subject of a number of recent analyst reports. Barclays reaffirmed an "equal weight" rating and issued a $1,500.00 price objective on shares of TransDigm Group in a research report on Monday, January 6th. Wells Fargo & Company cut their price objective on TransDigm Group from $1,410.00 to $1,375.00 and set an "overweight" rating on the stock in a report on Tuesday. StockNews.com raised TransDigm Group from a "hold" rating to a "buy" rating in a research note on Tuesday, April 8th. Northcoast Research raised shares of TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 target price for the company in a research report on Wednesday, April 9th. Finally, UBS Group raised shares of 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. Based on data from MarketBeat.com, TransDigm Group has a consensus rating of "Moderate Buy" and a consensus price target of $1,469.83.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of the business's stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,354.08, for a total transaction of $27,081,600.00. Following the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at approximately $11,046,584.64. The trade was a 71.03 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director now owns 21,548 shares of the company's stock, valued at $27,942,799.96. This trade represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 104,594 shares of company stock valued at $140,302,268 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.