V Square Quantitative Management LLC Purchases 16 Shares of TransDigm Group Incorporated (NYSE:TDG)

V Square Quantitative Management LLC raised its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 10.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 174 shares of the aerospace company’s stock after acquiring an additional 16 shares during the period. V Square Quantitative Management LLC’s holdings in TransDigm Group were worth $221,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. State Street Corp increased its holdings in shares of TransDigm Group by 1.3% during the third quarter. State Street Corp now owns 2,229,199 shares of the aerospace company’s stock valued at $3,181,357,000 after acquiring an additional 29,489 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in TransDigm Group by 9.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,997,827 shares of the aerospace company’s stock worth $2,851,160,000 after buying an additional 173,642 shares during the period. FMR LLC increased its holdings in TransDigm Group by 2.3% in the 3rd quarter. FMR LLC now owns 1,920,181 shares of the aerospace company’s stock worth $2,740,348,000 after buying an additional 43,604 shares during the period. Geode Capital Management LLC increased its holdings in TransDigm Group by 1.7% in the 3rd quarter. Geode Capital Management LLC now owns 1,133,443 shares of the aerospace company’s stock worth $1,612,583,000 after buying an additional 19,314 shares during the period. Finally, Windacre Partnership LLC grew its stake in shares of TransDigm Group by 42.7% during the 3rd quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company’s stock worth $1,038,951,000 after purchasing an additional 217,700 shares during the period. Institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

TDG has been the topic of a number of recent analyst reports. Truist Financial increased their target price on 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. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research report on Wednesday, January 8th. KeyCorp raised their price objective on TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Citigroup lifted their target price on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Finally, Wells Fargo & Company raised shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $1,375.00 to $1,500.00 in a research note on Friday, February 7th. Seven 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, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,462.35.

TransDigm Group Stock Performance

Shares of TDG stock opened at $1,315.29 on Tuesday. TransDigm Group Incorporated has a 1 year low of $1,136.27 and a 1 year high of $1,451.32. The stock has a fifty day moving average of $1,300.84 and a two-hundred day moving average of $1,318.21. The firm has a market capitalization of $73.76 billion, a PE ratio of 46.39, a price-to-earnings-growth ratio of 2.86 and a beta of 1.40.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping analysts’ consensus estimates of $6.73 by $0.84. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. During the same quarter in the previous year, the business earned $7.16 EPS. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. Equities research analysts predict that TransDigm Group Incorporated will post 34.11 earnings per share for the current fiscal year.

Insider Activity at TransDigm Group

In other news, CEO Kevin M. Stein sold 20,000 shares of the company’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,354.08, for a total transaction of $27,081,600.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares in the company, valued at approximately $11,046,584.64. This represents a 71.03 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction dated Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the sale, the chief operating officer now owns 3,600 shares of the company’s stock, valued at approximately $4,525,524. This trade represents a 45.45 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 109,525 shares of company stock valued at $139,851,401. 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.