Bradley Foster & Sargent Inc. CT Has $460,000 Stake in TransDigm Group Incorporated (NYSE:TDG)

Bradley Foster & Sargent Inc. CT reduced its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 9.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 363 shares of the aerospace company’s stock after selling 37 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in TransDigm Group were worth $460,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Private Advisor Group LLC increased its position in TransDigm Group by 22.9% in the third quarter. Private Advisor Group LLC now owns 1,747 shares of the aerospace company’s stock worth $2,494,000 after purchasing an additional 325 shares during the period. International Assets Investment Management LLC grew its position in shares of TransDigm Group by 108,517.8% during the 3rd quarter. International Assets Investment Management LLC now owns 48,878 shares of the aerospace company’s stock worth $69,755,000 after buying an additional 48,833 shares during the period. Hennion & Walsh Asset Management Inc. raised its stake in shares of TransDigm Group by 23.5% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 494 shares of the aerospace company’s stock worth $705,000 after buying an additional 94 shares during the last quarter. DT Investment Partners LLC lifted its holdings in TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after buying an additional 11 shares during the period. Finally, Silver Oak Securities Incorporated acquired a new position in TransDigm Group in the third quarter valued at approximately $718,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

TransDigm Group Price Performance

TDG stock opened at $1,291.58 on Friday. The company has a fifty day moving average price of $1,306.71 and a two-hundred day moving average price of $1,319.85. TransDigm Group Incorporated has a one year low of $1,136.27 and a one year high of $1,451.32. The stock has a market cap of $72.43 billion, a price-to-earnings ratio of 45.56, a price-to-earnings-growth ratio of 2.76 and a beta of 1.40.

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. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. TransDigm Group’s revenue was up 12.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $7.16 EPS. Research analysts anticipate that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have commented on TDG. 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 report on Tuesday, January 14th. Barclays reissued an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. Citigroup boosted their price objective on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft cut TransDigm Group from a “buy” rating to a “hold” rating and lowered their target price for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Finally, StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Seven investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,462.35.

Insider Transactions at TransDigm Group

In other news, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares of the company’s stock, valued at approximately $4,525,524. The trade was a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $1,296.77, for a total transaction of $7,095,925.44. Following the completion of the sale, the director now directly owns 21,548 shares of the company’s stock, valued at $27,942,799.96. This represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 118,647 shares of company stock worth $151,878,163 over the last quarter. Company insiders own 4.09% of the company’s stock.

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.