Aquatic Capital Management LLC Increases Stake in TransDigm Group Incorporated (NYSE:TDG)

Aquatic Capital Management LLC increased its holdings in TransDigm Group Incorporated (NYSE:TDG) by 107.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,433 shares of the aerospace company’s stock after purchasing an additional 2,813 shares during the quarter. Aquatic Capital Management LLC’s holdings in TransDigm Group were worth $6,885,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Vulcan Value Partners LLC lifted its stake in shares of TransDigm Group by 20.8% in the 4th quarter. Vulcan Value Partners LLC now owns 235,740 shares of the aerospace company’s stock valued at $298,681,000 after acquiring an additional 40,624 shares during the last quarter. Johnson Financial Group Inc. lifted its position in TransDigm Group by 121.2% in the fourth quarter. Johnson Financial Group Inc. now owns 73 shares of the aerospace company’s stock valued at $99,000 after purchasing an additional 40 shares during the last quarter. Coldstream Capital Management Inc. boosted its stake in shares of TransDigm Group by 2.7% during the fourth quarter. Coldstream Capital Management Inc. now owns 686 shares of the aerospace company’s stock valued at $869,000 after purchasing an additional 18 shares during the period. Voya Financial Advisors Inc. grew its holdings in shares of TransDigm Group by 25.7% in the fourth quarter. Voya Financial Advisors Inc. now owns 753 shares of the aerospace company’s stock worth $964,000 after purchasing an additional 154 shares during the last quarter. Finally, Lord Abbett & CO. LLC increased its stake in shares of TransDigm Group by 1.4% in the fourth quarter. Lord Abbett & CO. LLC now owns 68,941 shares of the aerospace company’s stock worth $87,368,000 after buying an additional 964 shares during the period. 95.78% of the stock is owned by institutional investors.

TransDigm Group Stock Up 0.7 %

Shares of TDG opened at $1,378.22 on Friday. TransDigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,451.32. The stock has a market cap of $77.30 billion, a P/E ratio of 48.61, a P/E/G ratio of 2.76 and a beta of 1.08. The business’s 50 day moving average price is $1,338.78 and its 200-day moving average price is $1,319.95.

TransDigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS 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 business 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 company posted $7.16 earnings per share. The company’s revenue for the quarter was up 12.1% compared to the same quarter last year. On average, equities analysts anticipate that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Northcoast Research raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,500.00 price target on the stock in a report on Wednesday, April 9th. Susquehanna boosted their price target on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a “neutral” rating in a report on Wednesday, April 2nd. UBS Group raised TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price target for the company in a research report on Monday, February 24th. Barclays reissued an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. Finally, Wells Fargo & Company dropped their price target on TransDigm Group from $1,410.00 to $1,375.00 and set an “overweight” rating for the company in a research note on Tuesday, April 15th. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $1,464.41.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $1,315.93, for a total value of $7,200,768.96. Following the completion of the sale, the director now owns 21,548 shares of the company’s stock, valued at approximately $28,355,659.64. This trade represents a 20.25 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert J. Small sold 40,000 shares of the company’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $1,345.81, for a total value of $53,832,400.00. Following the transaction, the director now directly owns 98,185 shares in the company, valued at approximately $132,138,354.85. The trade was a 28.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 124,894 shares of company stock worth $167,450,256. 4.09% of the stock is owned by corporate 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.