Sustainable Insight Capital Management LLC Purchases 512 Shares of Transdigm Group Incorporated $TDG

Sustainable Insight Capital Management LLC grew its stake in Transdigm Group Incorporated (NYSE:TDG) by 23.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,675 shares of the aerospace company’s stock after buying an additional 512 shares during the quarter. Transdigm Group makes up 1.8% of Sustainable Insight Capital Management LLC’s portfolio, making the stock its 17th biggest holding. Sustainable Insight Capital Management LLC’s holdings in Transdigm Group were worth $4,068,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the company. Greenleaf Trust lifted its stake in shares of Transdigm Group by 6.1% in the 1st quarter. Greenleaf Trust now owns 1,605 shares of the aerospace company’s stock valued at $2,220,000 after purchasing an additional 92 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of Transdigm Group by 17.4% during the first quarter. Nisa Investment Advisors LLC now owns 17,549 shares of the aerospace company’s stock valued at $24,275,000 after acquiring an additional 2,602 shares in the last quarter. Quotient Wealth Partners LLC purchased a new stake in Transdigm Group during the 1st quarter valued at about $262,000. Stonebrook Private Inc. acquired a new position in Transdigm Group during the first quarter valued at $216,000. Finally, Cerity Partners LLC grew its stake in shares of Transdigm Group by 8.6% during the 1st quarter. Cerity Partners LLC now owns 6,594 shares of the aerospace company’s stock worth $9,123,000 after purchasing an additional 522 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,272.41 on Friday. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The company has a market cap of $71.70 billion, a PE ratio of 42.23, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02. The company has a 50-day simple moving average of $1,299.17 and a 200-day simple moving average of $1,404.46.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $9.60 EPS for the quarter, missing analysts’ consensus estimates of $9.75 by ($0.15). The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. Transdigm Group’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $9.00 EPS. On average, analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

The firm also recently declared a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were issued a $90.00 dividend. The ex-dividend date was Tuesday, September 2nd. This is a positive change from Transdigm Group’s previous special dividend of $75.00.

Insider Activity

In other news, Director Michael Graff sold 1,760 shares of the firm’s stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the transaction, the director owned 1,964 shares of the company’s stock, valued at approximately $2,753,724.40. This trade represents a 47.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $1,276.07, for a total transaction of $3,828,210.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,593,852. The trade was a 45.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 22,802 shares of company stock valued at $29,917,993 over the last quarter. 4.09% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms have recently commented on TDG. JPMorgan Chase & Co. boosted their target price on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Jefferies Financial Group reduced their price target on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research report on Wednesday, September 17th. Royal Bank Of Canada downgraded shares of Transdigm Group from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from $1,550.00 to $1,385.00 in a research note on Monday, September 8th. UBS Group increased their target price on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. Finally, Susquehanna lowered their target price on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a research report on Thursday, October 9th. Twelve investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,564.56.

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.