Eos Management L.P. Acquires 1,502 Shares of Transdigm Group Incorporated (NYSE:TDG)

Eos Management L.P. raised its holdings in Transdigm Group Incorporated (NYSE:TDG) by 53.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,309 shares of the aerospace company’s stock after acquiring an additional 1,502 shares during the period. Transdigm Group makes up 2.7% of Eos Management L.P.’s investment portfolio, making the stock its 13th largest position. Eos Management L.P.’s holdings in Transdigm Group were worth $5,961,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of TDG. Vanguard Group Inc. lifted its position in Transdigm Group by 1.3% during the fourth quarter. Vanguard Group Inc. now owns 6,270,803 shares of the aerospace company’s stock valued at $7,946,863,000 after purchasing an additional 79,284 shares during the last quarter. Capital World Investors raised its position in shares of Transdigm Group by 4.3% during the 4th quarter. Capital World Investors now owns 3,791,927 shares of the aerospace company’s stock valued at $4,805,434,000 after buying an additional 155,541 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Transdigm Group by 10.4% during the 4th quarter. JPMorgan Chase & Co. now owns 2,204,649 shares of the aerospace company’s stock valued at $2,793,908,000 after buying an additional 206,822 shares in the last quarter. FMR LLC lifted its holdings in shares of Transdigm Group by 0.3% during the 4th quarter. FMR LLC now owns 1,925,595 shares of the aerospace company’s stock worth $2,440,268,000 after acquiring an additional 5,414 shares during the last quarter. Finally, Capital Research Global Investors grew its position in Transdigm Group by 4.8% in the fourth quarter. Capital Research Global Investors now owns 1,911,128 shares of the aerospace company’s stock worth $2,421,979,000 after acquiring an additional 87,309 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Stock Up 0.1%

Shares of Transdigm Group stock opened at $1,540.77 on Friday. The company’s fifty day simple moving average is $1,453.53 and its two-hundred day simple moving average is $1,374.19. Transdigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,553.85. The firm has a market cap of $86.54 billion, a PE ratio of 52.02, a price-to-earnings-growth ratio of 3.13 and a beta of 1.04.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $8.83 by $0.28. Transdigm Group had a negative return on equity of 38.71% and a net margin of 21.09%. The company had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2.17 billion. During the same period last year, the firm earned $7.99 earnings per share. Transdigm Group’s quarterly revenue was up 12.0% on a year-over-year basis. As a group, sell-side analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on TDG shares. UBS Group raised their price target on Transdigm Group from $1,451.00 to $1,645.00 and gave the company a “buy” rating in a research report on Wednesday, May 7th. The Goldman Sachs Group raised their price objective on Transdigm Group from $1,526.00 to $1,709.00 and gave the company a “buy” rating in a report on Monday, June 23rd. Truist Financial upped their target price on Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a “buy” rating in a research note on Friday. Wall Street Zen upgraded shares of Transdigm Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 17th. Finally, Northcoast Research upgraded shares of Transdigm Group from a “neutral” rating to a “buy” rating and set a $1,500.00 price objective for the company in a report on Wednesday, April 9th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, Transdigm Group currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,561.80.

Insider Transactions at Transdigm Group

In related news, Director Robert J. Small sold 45,700 shares of Transdigm Group stock in a transaction on Tuesday, June 10th. The shares were sold at an average price of $1,425.01, for a total value of $65,122,957.00. Following the sale, the director owned 88,419 shares in the company, valued at $125,997,959.19. The trade was a 34.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $1,424.27, for a total transaction of $4,272,810.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $5,127,372. This represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 142,149 shares of company stock worth $202,651,767. Corporate insiders own 4.09% of the company’s stock.

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.