Silver Oak Securities Incorporated Has $717,000 Holdings in TransDigm Group Incorporated (NYSE:TDG)

Silver Oak Securities Incorporated boosted its stake in TransDigm Group Incorporated (NYSE:TDG) by 9.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 560 shares of the aerospace company’s stock after buying an additional 48 shares during the quarter. Silver Oak Securities Incorporated’s holdings in TransDigm Group were worth $717,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TDG. Souders Financial Advisors lifted its holdings in TransDigm Group by 1.0% in the third quarter. Souders Financial Advisors now owns 797 shares of the aerospace company’s stock valued at $1,137,000 after buying an additional 8 shares during the period. Prosperity Financial Group Inc. raised its position in shares of TransDigm Group by 3.6% during the 3rd quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company’s stock valued at $328,000 after acquiring an additional 8 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in shares of TransDigm Group by 1.8% in the 4th quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company’s stock valued at $585,000 after purchasing an additional 8 shares during the period. CX Institutional boosted its position in shares of TransDigm Group by 5.4% in the 4th quarter. CX Institutional now owns 175 shares of the aerospace company’s stock worth $222,000 after purchasing an additional 9 shares during the last quarter. Finally, Western Financial Corp CA grew its stake in shares of TransDigm Group by 0.6% during the fourth quarter. Western Financial Corp CA now owns 1,501 shares of the aerospace company’s stock worth $1,902,000 after purchasing an additional 9 shares during the period. 95.78% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on TDG shares. KeyCorp increased their target price on TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. lifted their price objective on shares of 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. Truist Financial upped their target price on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Citigroup lifted 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 report on Thursday, December 5th. Finally, Barclays restated an “equal weight” rating and issued a $1,500.00 price objective on shares of TransDigm Group in a research report on Monday, January 6th. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,462.35.

TransDigm Group Stock Up 2.3 %

NYSE:TDG opened at $1,329.35 on Friday. The company has a market cap of $74.50 billion, a P/E ratio of 51.93, a price-to-earnings-growth ratio of 3.06 and a beta of 1.40. TransDigm Group Incorporated has a twelve month low of $1,100.86 and a twelve month high of $1,451.32. The business has a 50 day moving average price of $1,293.18 and a two-hundred day moving average price of $1,313.89.

TransDigm Group (NYSE:TDG) last announced 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 net margin of 19.93% and a negative return on equity of 50.40%. The business 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 company posted $7.16 earnings per share. The firm’s revenue was up 12.1% on a year-over-year basis. As a group, analysts anticipate that TransDigm Group Incorporated will post 34.11 earnings per share for the current fiscal year.

Insider Activity at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total value of $7,095,925.44. Following the transaction, the director now directly owns 21,548 shares in the company, valued at $27,942,799.96. The trade was a 20.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Joel Reiss sold 3,000 shares of TransDigm Group 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 sale, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,892,616. The trade was a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 89,525 shares of company stock valued at $112,769,801. 4.09% of the stock is owned by 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.