TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by Level Four Advisory Services LLC

Level Four Advisory Services LLC lifted its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 5.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 2,451 shares of the aerospace company’s stock after buying an additional 119 shares during the period. Level Four Advisory Services LLC’s holdings in TransDigm Group were worth $3,107,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Townsquare Capital LLC boosted its holdings in shares of TransDigm Group by 25.0% during the third quarter. Townsquare Capital LLC now owns 1,276 shares of the aerospace company’s stock worth $1,821,000 after purchasing an additional 255 shares during the last quarter. Freedom Investment Management Inc. grew its holdings in TransDigm Group by 17.2% in the 3rd quarter. Freedom Investment Management Inc. now owns 456 shares of the aerospace company’s stock valued at $650,000 after buying an additional 67 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of TransDigm Group by 6.6% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 35,904 shares of the aerospace company’s stock valued at $51,240,000 after acquiring an additional 2,210 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of TransDigm Group by 3.0% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 274,620 shares of the aerospace company’s stock worth $391,918,000 after acquiring an additional 7,947 shares during the period. Finally, Public Sector Pension Investment Board boosted its position in shares of TransDigm Group by 13.9% in the third quarter. Public Sector Pension Investment Board now owns 2,453 shares of the aerospace company’s stock worth $3,501,000 after acquiring an additional 300 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

TransDigm Group Stock Performance

Shares of TDG opened at $1,377.22 on Friday. TransDigm Group Incorporated has a one year low of $1,176.31 and a one year high of $1,451.32. The stock has a 50-day moving average price of $1,343.19 and a 200 day moving average price of $1,329.59. The company has a market capitalization of $77.24 billion, a P/E ratio of 48.58, a P/E/G ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG) last released its 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. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business’s revenue was up 12.1% on a year-over-year basis. During the same period in the prior year, the business posted $7.16 EPS. As a group, equities research analysts forecast that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Kevin M. Stein sold 20,000 shares of the business’s stock in a transaction dated Monday, January 13th. The stock was sold at an average price of $1,267.21, for a total value of $25,344,200.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at $10,337,899.18. The trade was a 71.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $1,359.06, for a total value of $4,077,180.00. Following the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,892,616. This represents a 45.45 % decrease in their position. 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 in the last ninety days. Corporate insiders own 4.09% of the company’s stock.

Analyst Ratings Changes

TDG has been the topic of a number of recent analyst reports. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Wells Fargo & Company lifted their target price on TransDigm Group from $1,500.00 to $1,580.00 and gave the company an “overweight” rating in a report on Tuesday. Truist Financial upped their price target on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and reduced their price objective for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Finally, UBS Group raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 target price for the company in a research report on Monday, February 24th. Six research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, TransDigm Group has a consensus rating of “Moderate Buy” and a consensus price target of $1,477.18.

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.