Arlington Trust Co LLC Lowers Holdings in TransDigm Group Incorporated (NYSE:TDG)

Arlington Trust Co LLC cut its position in TransDigm Group Incorporated (NYSE:TDG) by 65.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 30 shares of the aerospace company’s stock after selling 56 shares during the quarter. Arlington Trust Co LLC’s holdings in TransDigm Group were worth $38,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of TDG. First Personal Financial Services purchased a new stake in TransDigm Group in the 3rd quarter worth approximately $29,000. Erste Asset Management GmbH bought a new position in shares of TransDigm Group in the 3rd quarter worth $29,000. Trust Co. of Vermont increased its holdings in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after buying an additional 15 shares during the last quarter. Versant Capital Management Inc increased its holdings in shares of TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after buying an additional 18 shares during the last quarter. Finally, DT Investment Partners LLC increased its holdings in shares of TransDigm Group by 68.8% in the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock worth $39,000 after buying an additional 11 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on TDG shares. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Citigroup increased 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 report on Thursday, December 5th. Truist Financial increased their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. increased their price target on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. Finally, Barclays reaffirmed an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,462.35.

TransDigm Group Trading Up 0.5 %

NYSE:TDG opened at $1,334.35 on Tuesday. The company has a 50-day moving average price of $1,294.68 and a 200-day moving average price of $1,315.07. TransDigm Group Incorporated has a 12 month low of $1,100.86 and a 12 month high of $1,451.32. The stock has a market cap of $74.83 billion, a price-to-earnings ratio of 47.07, a P/E/G ratio of 2.86 and a beta of 1.40.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.73 by $0.84. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same period last year, the company posted $7.16 EPS. TransDigm Group’s revenue was up 12.1% on a year-over-year basis. Equities analysts forecast that TransDigm Group Incorporated will post 34.11 EPS for the current fiscal year.

Insider Activity at TransDigm Group

In related news, Director Robert J. Small sold 38,053 shares of TransDigm Group stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the completion of the transaction, the director now directly owns 567,323 shares of the company’s stock, valued at $708,461,615.94. This trade represents a 6.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total transaction of $4,077,180.00. Following the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,892,616. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 89,525 shares of company stock valued at $112,769,801 in the last three months. Company insiders own 4.09% of the company’s stock.

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.