CAPROCK Group Inc. Boosts Stock Position in TransDigm Group Incorporated (NYSE:TDG)

CAPROCK Group Inc. increased its stake in TransDigm Group Incorporated (NYSE:TDGGet Rating) by 2.6% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,677 shares of the aerospace company’s stock after buying an additional 43 shares during the period. CAPROCK Group Inc.’s holdings in TransDigm Group were worth $1,093,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. TFO TDC LLC purchased a new stake in TransDigm Group during the 4th quarter valued at $32,000. Duncker Streett & Co. Inc. purchased a new stake in TransDigm Group during the 4th quarter valued at $35,000. Farmers & Merchants Investments Inc. boosted its stake in TransDigm Group by 51.4% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 56 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 19 shares during the last quarter. Pittenger & Anderson Inc. boosted its stake in TransDigm Group by 132.0% during the 4th quarter. Pittenger & Anderson Inc. now owns 58 shares of the aerospace company’s stock valued at $37,000 after purchasing an additional 33 shares during the last quarter. Finally, Moors & Cabot Inc. purchased a new stake in TransDigm Group during the 3rd quarter valued at $42,000. Institutional investors own 99.33% of the company’s stock.

Shares of TransDigm Group stock opened at $525.57 on Thursday. The firm has a market cap of $28.70 billion, a price-to-earnings ratio of 36.57, a PEG ratio of 1.48 and a beta of 1.43. The business has a 50-day moving average price of $586.84 and a 200-day moving average price of $618.98. TransDigm Group Incorporated has a twelve month low of $500.08 and a twelve month high of $688.03.

TransDigm Group (NYSE:TDGGet Rating) last released its quarterly earnings results on Tuesday, May 10th. The aerospace company reported $3.29 EPS for the quarter, missing the consensus estimate of $3.31 by ($0.02). The company had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. TransDigm Group had a negative return on equity of 27.39% and a net margin of 17.70%. The company’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.29 EPS. Sell-side analysts forecast that TransDigm Group Incorporated will post 14.31 earnings per share for the current fiscal year.

In other news, Director Robert J. Small acquired 19,398 shares of the firm’s stock in a transaction on Thursday, May 19th. The stock was acquired at an average price of $544.09 per share, with a total value of $10,554,257.82. Following the completion of the purchase, the director now directly owns 185,086 shares in the company, valued at $100,703,441.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director W Nicholas Howley sold 11,500 shares of TransDigm Group stock in a transaction that occurred on Wednesday, June 15th. The shares were sold at an average price of $539.63, for a total transaction of $6,205,745.00. Following the sale, the director now directly owns 21,548 shares of the company’s stock, valued at approximately $11,627,947.24. The disclosure for this sale can be found here. Company insiders own 8.96% of the company’s stock.

Several research firms have recently weighed in on TDG. Susquehanna Bancshares lowered their price target on TransDigm Group from $720.00 to $620.00 in a report on Wednesday, May 11th. Susquehanna lowered their price target on TransDigm Group from $720.00 to $620.00 in a report on Wednesday, May 11th. Wells Fargo & Company lowered their price target on TransDigm Group from $700.00 to $620.00 in a report on Wednesday, May 11th. Finally, StockNews.com cut TransDigm Group from a “buy” rating to a “hold” rating in a report on Thursday, May 19th. Four research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $709.43.

TransDigm Group Company Profile (Get Rating)

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its 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.

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Institutional Ownership by Quarter for TransDigm Group (NYSE:TDG)

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