Realta Investment Advisors Buys 50 Shares of TransDigm Group Incorporated (NYSE:TDG)

Realta Investment Advisors boosted its stake in TransDigm Group Incorporated (NYSE:TDG) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 608 shares of the aerospace company’s stock after purchasing an additional 50 shares during the quarter. Realta Investment Advisors’ holdings in TransDigm Group were worth $776,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in TDG. Triasima Portfolio Management inc. purchased a new position in shares of TransDigm Group during the 4th quarter valued at $911,000. Golden State Wealth Management LLC purchased a new position in TransDigm Group during the fourth quarter worth about $73,000. Beese Fulmer Investment Management Inc. increased its stake in TransDigm Group by 1.9% in the 4th quarter. Beese Fulmer Investment Management Inc. now owns 2,022 shares of the aerospace company’s stock worth $2,562,000 after acquiring an additional 37 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of TransDigm Group by 5.1% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,273 shares of the aerospace company’s stock valued at $10,484,000 after acquiring an additional 400 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of TransDigm Group by 1.2% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 124,720 shares of the aerospace company’s stock worth $158,055,000 after purchasing an additional 1,480 shares in the last quarter. Hedge funds and other institutional investors own 95.78% of the company’s stock.

TransDigm Group Stock Up 0.6 %

Shares of TDG opened at $1,299.17 on Friday. The stock has a market capitalization of $72.81 billion, a P/E ratio of 50.75, a PEG 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 firm has a fifty day simple moving average of $1,293.18 and a two-hundred day simple moving average of $1,313.89.

TransDigm Group (NYSE:TDG) last posted its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the business posted $7.16 earnings per share. TransDigm Group’s revenue for the quarter was up 12.1% on a year-over-year basis. Sell-side analysts expect that TransDigm Group Incorporated will post 34.11 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating and lowered their target price for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Citigroup lifted their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. KeyCorp lifted their price target on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Finally, Truist Financial increased their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research report on Tuesday, January 14th. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,462.35.

Insider Transactions at TransDigm Group

In other TransDigm Group news, Director Robert J. Small sold 38,053 shares of TransDigm Group stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the sale, the director now directly owns 567,323 shares of the company’s stock, valued at approximately $708,461,615.94. The trade was a 6.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at $4,525,524. This represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 89,525 shares of company stock worth $112,769,801. 4.09% of the stock is currently owned by insiders.

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.