U.S. Capital Wealth Advisors LLC Purchases New Shares in TransDigm Group Incorporated (NYSE:TDG)

U.S. Capital Wealth Advisors LLC bought a new stake in TransDigm Group Incorporated (NYSE:TDG - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 275 shares of the aerospace company's stock, valued at approximately $349,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Greenleaf Trust lifted its position in shares of TransDigm Group by 2.3% during the 4th quarter. Greenleaf Trust now owns 1,513 shares of the aerospace company's stock valued at $1,917,000 after buying an additional 34 shares in the last quarter. Avantra Family Wealth Inc. purchased a new position in shares of TransDigm Group during the 4th quarter valued at $266,000. Spire Wealth Management boosted its stake in shares of TransDigm Group by 0.8% in the fourth quarter. Spire Wealth Management now owns 5,575 shares of the aerospace company's stock worth $7,065,000 after acquiring an additional 43 shares during the period. Tokio Marine Asset Management Co. Ltd. boosted its stake in TransDigm Group by 6.3% in the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,685 shares of the aerospace company's stock worth $2,135,000 after purchasing an additional 100 shares during the period. Finally, Western Financial Corp CA grew its stake in TransDigm Group by 0.6% during the fourth quarter. Western Financial Corp CA now owns 1,501 shares of the aerospace company's stock valued at $1,902,000 after acquiring an additional 9 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company's stock.

Insider Activity

In related news, Director Robert J. Small sold 38,053 shares of the company's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total value of $47,519,825.34. Following the sale, the director now owns 567,323 shares in the company, valued at $708,461,615.94. This represents a 6.29 % decrease in their ownership of the stock. The sale 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 stock in a transaction on Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total transaction of $3,771,270.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares in the company, valued at $4,525,524. The trade was a 45.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 89,525 shares of company stock worth $112,769,801 over the last 90 days. 4.09% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TDG has been the topic of a number of research reports. JPMorgan Chase & Co. lifted their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a "neutral" rating in a research note on Monday, October 14th. StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research note on Wednesday, January 8th. 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 report on Tuesday, January 14th. Barclays reiterated an "equal weight" rating and issued a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a "buy" rating to a "hold" rating and decreased their price objective for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $1,462.35.

TransDigm Group Stock Performance

TDG stock traded up $7.01 during trading on Monday, reaching $1,334.35. 199,180 shares of the company traded hands, compared to its average volume of 261,161. TransDigm Group Incorporated has a 12 month low of $1,100.86 and a 12 month high of $1,451.32. The company has a market capitalization of $74.83 billion, a price-to-earnings ratio of 47.07, a price-to-earnings-growth ratio of 2.86 and a beta of 1.40. The business has a 50 day simple moving average of $1,294.68 and a 200 day simple moving average of $1,315.07.

TransDigm Group (NYSE:TDG - Get Free Report) last announced its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $2.03 billion. During the same period in the previous year, the business earned $7.16 EPS. The firm's revenue for the quarter was up 12.1% on a year-over-year basis. As a group, research analysts forecast that TransDigm Group Incorporated will post 34.11 EPS for the current year.

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.