Windacre Partnership LLC Acquires 25,997 Shares of TransDigm Group Incorporated (NYSE:TDG)

Windacre Partnership LLC lifted its holdings in TransDigm Group Incorporated (NYSE:TDG) by 3.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 753,997 shares of the aerospace company’s stock after purchasing an additional 25,997 shares during the period. TransDigm Group comprises 14.0% of Windacre Partnership LLC’s holdings, making the stock its 2nd biggest holding. Windacre Partnership LLC’s holdings in TransDigm Group were worth $955,525,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Capital Advisors Ltd. LLC increased its position in shares of TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 16 shares in the last quarter. Trust Co. of Vermont increased its position in shares of TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 15 shares in the last quarter. Meeder Asset Management Inc. increased its position in shares of TransDigm Group by 210.0% in the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company’s stock worth $39,000 after acquiring an additional 21 shares in the last quarter. Sachetta LLC increased its position in shares of TransDigm Group by 105.9% in the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock worth $44,000 after acquiring an additional 18 shares in the last quarter. Finally, CENTRAL TRUST Co increased its position in shares of TransDigm Group by 280.0% in the fourth quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company’s stock worth $72,000 after acquiring an additional 42 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on TDG shares. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a research report on Saturday. Susquehanna lifted their target price on shares of TransDigm Group from $1,250.00 to $1,300.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 2nd. Northcoast Research upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,500.00 price target for the company in a report on Wednesday, April 9th. Wells Fargo & Company boosted their price objective on shares of TransDigm Group from $1,375.00 to $1,540.00 and gave the company an “overweight” rating in a research report on Thursday, May 8th. Finally, Truist Financial lowered their price objective on shares of TransDigm Group from $1,534.00 to $1,490.00 and set a “buy” rating on the stock in a research report on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,490.20.

TransDigm Group Stock Up 1.2%

NYSE TDG opened at $1,422.28 on Monday. The stock has a market capitalization of $79.89 billion, a PE ratio of 50.17, a price-to-earnings-growth ratio of 2.76 and a beta of 1.09. The company has a 50 day moving average price of $1,360.42 and a two-hundred day moving average price of $1,324.25. TransDigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,488.54.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share for the quarter, topping analysts’ consensus estimates of $8.83 by $0.28. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business had revenue of $2.15 billion during the quarter, compared to analysts’ expectations of $2.17 billion. During the same period in the previous year, the company earned $7.99 earnings per share. TransDigm Group’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, equities analysts anticipate that TransDigm Group Incorporated will post 35.13 EPS for the current year.

Insider Transactions at TransDigm Group

In related news, Director Robert J. Small sold 1,000 shares of the company’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $1,335.22, for a total transaction of $1,335,220.00. Following the completion of the transaction, the director now directly owns 95,147 shares in the company, valued at $127,042,177.34. This represents a 1.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director W Nicholas Howley sold 49,241 shares of the business’s stock in a transaction on Monday, May 5th. The shares were sold at an average price of $1,475.85, for a total transaction of $72,672,329.85. Following the completion of the sale, the director now directly owns 21,548 shares in the company, valued at $31,801,615.80. This trade represents a 69.56% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 150,485 shares of company stock worth $208,214,992. 4.09% of the stock is owned by insiders.

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.