Toth Financial Advisory Corp Has $431,000 Stock Position in TransDigm Group Incorporated (NYSE:TDG)

Toth Financial Advisory Corp lessened its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 50.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 350 shares of the aerospace company’s stock after selling 350 shares during the quarter. Toth Financial Advisory Corp’s holdings in TransDigm Group were worth $431,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of TDG. Compagnie Lombard Odier SCmA acquired a new stake in shares of TransDigm Group during the 4th quarter worth approximately $25,000. Oakworth Capital Inc. acquired a new stake in shares of TransDigm Group during the 4th quarter worth approximately $26,000. VisionPoint Advisory Group LLC acquired a new stake in shares of TransDigm Group during the 4th quarter worth approximately $37,000. Oliver Lagore Vanvalin Investment Group grew its holdings in shares of TransDigm Group by 48.0% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 12 shares in the last quarter. Finally, Frazier Financial Advisors LLC acquired a new stake in shares of TransDigm Group during the 4th quarter worth approximately $43,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on TDG. Morgan Stanley lifted their price objective on TransDigm Group from $1,275.00 to $1,550.00 and gave the stock an “overweight” rating in a report on Thursday, May 9th. TD Cowen boosted their price target on TransDigm Group from $1,300.00 to $1,400.00 and gave the company a “buy” rating in a research note on Wednesday, May 8th. Truist Financial boosted their price target on TransDigm Group from $1,267.00 to $1,425.00 and gave the company a “buy” rating in a research note on Wednesday, May 8th. Barclays boosted their price target on TransDigm Group from $1,250.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Monday, May 13th. Finally, JPMorgan Chase & Co. boosted their price target on TransDigm Group from $1,050.00 to $1,175.00 and gave the company a “neutral” rating in a research note on Wednesday, March 27th. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,410.13.

TransDigm Group Stock Down 0.9 %

TDG stock opened at $1,277.61 on Friday. The company has a market cap of $71.50 billion, a P/E ratio of 50.68, a PEG ratio of 2.16 and a beta of 1.39. TransDigm Group Incorporated has a twelve month low of $802.46 and a twelve month high of $1,369.57. The business has a fifty day moving average of $1,303.77 and a 200-day moving average of $1,185.66.

TransDigm Group (NYSE:TDG) last released its earnings results on Tuesday, May 7th. The aerospace company reported $7.99 earnings per share for the quarter, topping analysts’ consensus estimates of $7.42 by $0.57. The company had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.88 billion. TransDigm Group had a negative return on equity of 63.35% and a net margin of 21.22%. The firm’s quarterly revenue was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.39 earnings per share. As a group, equities research analysts anticipate that TransDigm Group Incorporated will post 30.04 earnings per share for the current fiscal year.

Insider Transactions at TransDigm Group

In related news, CEO Kevin M. Stein sold 10,000 shares of the company’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $1,308.52, for a total value of $13,085,200.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares in the company, valued at $10,674,906.16. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Robert J. Small sold 30,000 shares of the company’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $1,323.86, for a total value of $39,715,800.00. Following the completion of the sale, the director now owns 112,381 shares in the company, valued at $148,776,710.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kevin M. Stein sold 10,000 shares of the company’s stock in a transaction dated Wednesday, June 12th. The shares were sold at an average price of $1,308.52, for a total value of $13,085,200.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares of the company’s stock, valued at approximately $10,674,906.16. The disclosure for this sale can be found here. Insiders sold a total of 100,833 shares of company stock worth $131,249,183 over the last 90 days. 4.96% of the stock is owned by insiders.

TransDigm Group 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.