Motley Fool Asset Management LLC Acquires 119 Shares of TransDigm Group Incorporated (NYSE:TDG)

Motley Fool Asset Management LLC lifted its holdings in TransDigm Group Incorporated (NYSE:TDG) by 7.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,643 shares of the aerospace company’s stock after buying an additional 119 shares during the quarter. Motley Fool Asset Management LLC’s holdings in TransDigm Group were worth $2,024,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Oakworth Capital Inc. acquired a new stake in TransDigm Group in the fourth quarter worth about $26,000. ORG Partners LLC acquired a new stake in TransDigm Group in the first quarter worth about $30,000. VisionPoint Advisory Group LLC acquired a new stake in TransDigm Group in the fourth quarter worth about $37,000. Oliver Lagore Vanvalin Investment Group grew its position in shares of TransDigm Group by 48.0% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock worth $38,000 after buying an additional 12 shares during the period. Finally, Central Pacific Bank Trust Division acquired a new position in shares of TransDigm Group during the 1st quarter worth about $39,000. 95.78% of the stock is owned by institutional investors.

TransDigm Group Stock Performance

NYSE TDG traded up $30.06 during trading on Wednesday, hitting $1,294.22. The stock had a trading volume of 267,062 shares, compared to its average volume of 223,074. The company has a market capitalization of $72.42 billion, a PE ratio of 51.34, a P/E/G ratio of 2.07 and a beta of 1.38. The company’s 50-day moving average price is $1,293.85 and its two-hundred day moving average price is $1,227.58. TransDigm Group Incorporated has a 12 month low of $802.46 and a 12 month high of $1,369.57.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, May 7th. The aerospace company reported $7.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.42 by $0.57. TransDigm Group had a negative return on equity of 63.35% and a net margin of 21.22%. The company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same quarter in the prior year, the business posted $5.39 EPS. The business’s revenue was up 20.5% compared to the same quarter last year. As a group, equities analysts anticipate that TransDigm Group Incorporated will post 30.21 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have recently issued reports on TDG. Wells Fargo & Company boosted their target price on TransDigm Group from $1,260.00 to $1,390.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 8th. Deutsche Bank Aktiengesellschaft boosted their target price on TransDigm Group from $1,435.00 to $1,524.00 and gave the stock a “buy” rating in a research report on Thursday, June 20th. Susquehanna boosted their target price on TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 8th. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 18th. Finally, Morgan Stanley boosted their price objective on TransDigm Group from $1,275.00 to $1,550.00 and gave the company an “overweight” rating in a research report on Thursday, May 9th. Six investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat.com, TransDigm Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,417.69.

Insider Transactions at TransDigm Group

In other news, Director W Nicholas Howley sold 197 shares of the company’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $1,318.14, for a total transaction of $259,673.58. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director W Nicholas Howley sold 197 shares of the business’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $1,318.14, for a total transaction of $259,673.58. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert J. Small sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $1,323.86, for a total value of $39,715,800.00. Following the transaction, the director now directly owns 112,381 shares in the company, valued at $148,776,710.66. The disclosure for this sale can be found here. Insiders have sold a total of 105,905 shares of company stock worth $137,900,519 in the last 90 days. Corporate insiders own 4.96% of the company’s stock.

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.