TransDigm Group Incorporated (NYSE:TDG) Holdings Raised by O Shaughnessy Asset Management LLC

O Shaughnessy Asset Management LLC grew its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 24.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,394 shares of the aerospace company’s stock after acquiring an additional 858 shares during the period. O Shaughnessy Asset Management LLC’s holdings in TransDigm Group were worth $5,568,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. CIBC Private Wealth Group LLC increased its position in TransDigm Group by 15.5% in the 4th quarter. CIBC Private Wealth Group LLC now owns 200,469 shares of the aerospace company’s stock worth $257,065,000 after purchasing an additional 26,939 shares during the last quarter. Schroder Investment Management Group grew its stake in shares of TransDigm Group by 17.8% in the 4th quarter. Schroder Investment Management Group now owns 63,125 shares of the aerospace company’s stock valued at $79,997,000 after buying an additional 9,554 shares in the last quarter. Allianz SE acquired a new position in TransDigm Group in the fourth quarter worth approximately $3,320,000. Tucker Asset Management LLC bought a new position in TransDigm Group during the fourth quarter valued at approximately $253,000. Finally, Allstate Corp acquired a new stake in TransDigm Group in the fourth quarter valued at approximately $2,068,000. 95.78% of the stock is owned by institutional investors and hedge funds.

TransDigm Group Stock Performance

Shares of TDG opened at $1,395.22 on Wednesday. The company has a 50-day simple moving average of $1,344.78 and a 200-day simple moving average of $1,330.16. TransDigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,451.32. The firm has a market capitalization of $78.25 billion, a P/E ratio of 49.21, a P/E/G ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter in the prior year, the firm posted $7.16 EPS. The company’s revenue for the quarter was up 12.1% on a year-over-year basis. As a group, equities analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on TDG shares. Citigroup increased their price target on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. UBS Group upgraded TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 target price on the stock in a report on Monday, February 24th. Barclays reiterated an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a research note on Monday, January 6th. Wells Fargo & Company raised their price objective on TransDigm Group from $1,500.00 to $1,580.00 and gave the company an “overweight” rating in a research note on Tuesday, March 25th. Finally, Deutsche Bank Aktiengesellschaft cut TransDigm Group from a “buy” rating to a “hold” rating and decreased their target price for the stock from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Seven analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,477.18.

Insider Buying and Selling

In other news, CEO Kevin M. Stein sold 20,000 shares of the firm’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $1,267.21, for a total transaction of $25,344,200.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at approximately $10,337,899.18. This trade represents a 71.03 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction dated 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 sale, the director now owns 21,548 shares in the company, valued at approximately $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 sold a total of 124,594 shares of company stock valued at $165,646,468 over the last ninety days. 4.09% of the stock is owned by company insiders.

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.