Wellington Management Group LLP Has $3.07 Million Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Wellington Management Group LLP lifted its stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 26.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,419 shares of the aerospace company's stock after purchasing an additional 506 shares during the quarter. Wellington Management Group LLP's holdings in TransDigm Group were worth $3,066,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of TDG. Capital Advisors Ltd. LLC grew its holdings 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 buying an additional 16 shares in the last quarter. Trust Co. of Vermont boosted its position in TransDigm Group by 150.0% during the 4th 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. Versant Capital Management Inc grew its stake in TransDigm Group by 225.0% during the 4th 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 in the last quarter. Sachetta LLC increased its holdings in shares of TransDigm Group by 105.9% in the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company's stock valued at $44,000 after purchasing an additional 18 shares during the period. Finally, CENTRAL TRUST Co lifted its position in shares of TransDigm Group by 280.0% in the fourth quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company's stock worth $72,000 after purchasing an additional 42 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

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Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Barclays reaffirmed an "equal weight" rating and set a $1,500.00 price objective on shares of TransDigm Group in a research report on Monday, January 6th. 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 note on Monday, February 24th. Northcoast Research raised TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective for the company in a research report on Wednesday, April 9th. Truist Financial boosted their target price on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a "buy" rating in a research note on Tuesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a "buy" rating to a "hold" rating and cut their price target for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Five equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, TransDigm Group currently has a consensus rating of "Moderate Buy" and an average price target of $1,469.83.

TransDigm Group Stock Performance

Shares of NYSE:TDG traded up $22.97 during midday trading on Tuesday, hitting $1,360.10. The company's stock had a trading volume of 575,480 shares, compared to its average volume of 252,359. The stock's 50 day simple moving average is $1,336.02 and its 200 day simple moving average is $1,322.97. The stock has a market capitalization of $76.28 billion, a price-to-earnings ratio of 47.98, a PEG 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 released its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analyst estimates of $2.03 billion. During the same quarter last year, the firm posted $7.16 EPS. The company's revenue was up 12.1% on a year-over-year basis. As a group, analysts anticipate that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction dated 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 $4,896,144. This trade represents a 45.45 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the business's stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the transaction, the director now owns 21,548 shares in the company, valued at $27,942,799.96. This represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 104,594 shares of company stock valued at $140,302,268. 4.09% of the stock is owned by company 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.