UNIVEST FINANCIAL Corp Has $4.78 Million Stock Position in TransDigm Group Incorporated (NYSE:TDG)

UNIVEST FINANCIAL Corp lifted its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 6.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,769 shares of the aerospace company's stock after acquiring an additional 222 shares during the quarter. UNIVEST FINANCIAL Corp's holdings in TransDigm Group were worth $4,776,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Erste Asset Management GmbH bought a new position in TransDigm Group during the third quarter worth $29,000. Capital Advisors Ltd. LLC boosted its holdings in shares of TransDigm Group by 200.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company's stock worth $30,000 after buying an additional 16 shares during the period. Trust Co. of Vermont grew its stake in 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 buying an additional 15 shares during the last quarter. Versant Capital Management Inc raised its holdings in TransDigm Group by 225.0% in 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 during the period. Finally, Sachetta LLC raised its holdings in 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 acquiring an additional 18 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

TransDigm Group Price Performance

Shares of TDG stock traded down $7.04 on Friday, hitting $1,377.22. 272,911 shares of the company's stock were exchanged, compared to its average volume of 242,075. TransDigm Group Incorporated has a 12 month low of $1,176.31 and a 12 month high of $1,451.32. The company has a 50 day moving average of $1,343.19 and a 200 day moving average of $1,329.72. The stock has a market cap of $77.24 billion, a P/E ratio of 48.58, a price-to-earnings-growth ratio of 2.76 and a beta of 1.38.

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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 analysts' consensus estimates 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%. The business'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 business earned $7.16 earnings per share. Sell-side analysts predict that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Robert J. Small sold 40,000 shares of TransDigm Group stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $1,345.81, for a total transaction of $53,832,400.00. Following the sale, the director now directly owns 98,185 shares in the company, valued at $132,138,354.85. This trade represents a 28.95 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the business'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 in the company, valued at $4,896,144. The trade was a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 124,594 shares of company stock valued at $165,646,468. 4.09% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently commented on TDG. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a "buy" rating to a "hold" rating and decreased their target price for the company from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. UBS Group raised TransDigm Group from a "neutral" rating to a "buy" rating and set a $1,595.00 price objective on the stock in a report on Monday, February 24th. Truist Financial lifted their target price on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. StockNews.com upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Wednesday, January 8th. Finally, Barclays reiterated an "equal weight" rating and issued a $1,500.00 price objective on shares of TransDigm Group in a research note on Monday, January 6th. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,477.18.

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.