F M Investments LLC Sells 63 Shares of TransDigm Group Incorporated (NYSE:TDG)

F M Investments LLC trimmed its holdings in TransDigm Group Incorporated (NYSE:TDG) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,762 shares of the aerospace company’s stock after selling 63 shares during the quarter. F M Investments LLC’s holdings in TransDigm Group were worth $1,782,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in TransDigm Group by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 5,903,014 shares of the aerospace company’s stock worth $4,977,008,000 after buying an additional 104,433 shares during the period. Deutsche Bank AG boosted its position in TransDigm Group by 1,947.8% during the 3rd quarter. Deutsche Bank AG now owns 3,391,382 shares of the aerospace company’s stock worth $2,859,376,000 after acquiring an additional 3,225,771 shares during the last quarter. FMR LLC grew its stake in shares of TransDigm Group by 9.0% during the 3rd quarter. FMR LLC now owns 1,651,413 shares of the aerospace company’s stock worth $1,392,355,000 after acquiring an additional 136,834 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of TransDigm Group by 46.1% in the third quarter. JPMorgan Chase & Co. now owns 1,107,497 shares of the aerospace company’s stock valued at $933,765,000 after purchasing an additional 349,409 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in TransDigm Group by 0.8% during the third quarter. Morgan Stanley now owns 650,127 shares of the aerospace company’s stock worth $548,144,000 after purchasing an additional 4,989 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $1,233.10, for a total value of $3,699,300.00. Following the sale, the chief operating officer now owns 3,600 shares in the company, valued at $4,439,160. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $1,233.10, for a total value of $3,699,300.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,439,160. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin M. Stein sold 10,000 shares of the business’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $1,216.16, for a total value of $12,161,600.00. Following the sale, the chief executive officer now owns 8,158 shares in the company, valued at $9,921,433.28. The disclosure for this sale can be found here. Insiders have sold a total of 59,087 shares of company stock worth $69,840,358 over the last 90 days. Insiders own 4.96% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Truist Financial raised their price objective on TransDigm Group from $1,158.00 to $1,267.00 and gave the company a “buy” rating in a report on Friday, February 9th. The Goldman Sachs Group lifted their price objective on shares of TransDigm Group from $1,285.00 to $1,518.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Royal Bank of Canada boosted their price objective on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an “outperform” rating in a research note on Friday, February 9th. KeyCorp lifted their price target on TransDigm Group from $1,220.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Citigroup lifted their target price on TransDigm Group from $1,380.00 to $1,395.00 and gave the stock a “buy” rating in a research note on Thursday, April 4th. Six research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat.com, TransDigm Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,170.27.

TransDigm Group Stock Up 3.4 %

Shares of NYSE:TDG traded up $41.02 during midday trading on Tuesday, hitting $1,241.95. The stock had a trading volume of 241,683 shares, compared to its average volume of 207,432. The company has a market capitalization of $69.06 billion, a P/E ratio of 52.71, a price-to-earnings-growth ratio of 2.42 and a beta of 1.42. The company’s 50-day moving average price is $1,196.92 and its 200-day moving average price is $1,054.61. TransDigm Group Incorporated has a fifty-two week low of $741.74 and a fifty-two week high of $1,248.39.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Thursday, February 8th. The aerospace company reported $7.16 EPS for the quarter, beating the consensus estimate of $6.41 by $0.75. The business had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.68 billion. TransDigm Group had a net margin of 20.80% and a negative return on equity of 59.61%. The company’s revenue was up 28.1% on a year-over-year basis. During the same period in the previous year, the business earned $4.15 earnings per share. Research analysts expect that TransDigm Group Incorporated will post 29.08 EPS for the current fiscal year.

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.