Savant Capital LLC Buys Shares of 639 TransDigm Group Incorporated (NYSE:TDG)

Savant Capital LLC bought a new stake in TransDigm Group Incorporated (NYSE:TDG) during the fourth quarter, HoldingsChannel.com reports. The firm bought 639 shares of the aerospace company’s stock, valued at approximately $646,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TDG. Commonwealth Equity Services LLC grew its position in TransDigm Group by 9.8% in the third quarter. Commonwealth Equity Services LLC now owns 1,133 shares of the aerospace company’s stock valued at $956,000 after acquiring an additional 101 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its position in TransDigm Group by 66.7% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 1,744 shares of the aerospace company’s stock valued at $1,471,000 after acquiring an additional 698 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its position in TransDigm Group by 53.3% in the third quarter. Robeco Institutional Asset Management B.V. now owns 8,883 shares of the aerospace company’s stock valued at $7,490,000 after acquiring an additional 3,089 shares during the last quarter. Pinnacle Associates Ltd. grew its position in TransDigm Group by 49.8% in the third quarter. Pinnacle Associates Ltd. now owns 376 shares of the aerospace company’s stock valued at $317,000 after acquiring an additional 125 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of TransDigm Group by 8.2% during the third quarter. Stratos Wealth Partners LTD. now owns 1,577 shares of the aerospace company’s stock worth $1,330,000 after purchasing an additional 120 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on TDG. Susquehanna boosted their price target on TransDigm Group from $875.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Friday, February 9th. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a report on Tuesday, April 9th. Barclays boosted their price target on TransDigm Group from $1,150.00 to $1,250.00 and gave the stock an “overweight” rating in a report on Monday, February 12th. Stifel Nicolaus boosted their price target on TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a “hold” rating in a report on Wednesday, April 17th. Finally, KeyCorp boosted their price target on TransDigm Group from $1,220.00 to $1,325.00 and gave the stock an “overweight” rating in a report on Monday, April 22nd. Six equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,170.27.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, Director Michael Graff sold 3,460 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The stock was sold at an average price of $1,108.17, for a total value of $3,834,268.20. Following the transaction, the director now directly owns 4,879 shares of the company’s stock, valued at $5,406,761.43. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $1,140.48, for a total value of $3,421,440.00. Following the transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at $4,105,728. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael Graff sold 3,460 shares of the business’s stock in a transaction that occurred on Tuesday, February 13th. The shares were sold at an average price of $1,108.17, for a total value of $3,834,268.20. Following the sale, the director now owns 4,879 shares of the company’s stock, valued at approximately $5,406,761.43. The disclosure for this sale can be found here. Over the last three months, insiders have sold 59,087 shares of company stock valued at $69,840,358. 4.96% of the stock is currently owned by company insiders.

TransDigm Group Price Performance

TransDigm Group stock opened at $1,293.80 on Friday. The stock’s 50 day moving average is $1,212.23 and its 200 day moving average is $1,073.99. The firm has a market cap of $71.95 billion, a P/E ratio of 54.92, a P/E/G ratio of 2.63 and a beta of 1.40. TransDigm Group Incorporated has a one year low of $750.86 and a one year high of $1,303.49.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Thursday, February 8th. The aerospace company reported $7.16 EPS for the quarter, topping analysts’ consensus estimates of $6.41 by $0.75. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. The company had revenue of $1.79 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same period in the previous year, the firm earned $4.15 earnings per share. The firm’s quarterly revenue was up 28.1% on a year-over-year basis. Equities analysts anticipate that TransDigm Group Incorporated will post 29.08 earnings per share for the current fiscal year.

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.