Dimensional Fund Advisors LP Raises Position in TransDigm Group Incorporated (NYSE:TDG)

Dimensional Fund Advisors LP boosted its position in TransDigm Group Incorporated (NYSE:TDG) by 3.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 143,869 shares of the aerospace company’s stock after purchasing an additional 4,141 shares during the period. Dimensional Fund Advisors LP’s holdings in TransDigm Group were worth $182,344,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Capital Advisors Ltd. LLC grew its stake in shares of TransDigm Group by 200.0% during the 4th quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after acquiring an additional 16 shares during the period. Trust Co. of Vermont boosted its position in TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 15 shares during the period. Versant Capital Management Inc increased its stake in shares of TransDigm Group by 225.0% in the fourth quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after purchasing an additional 18 shares in the last quarter. Meeder Asset Management Inc. raised 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 valued at $39,000 after purchasing an additional 21 shares during the period. Finally, Sachetta LLC grew its stake in TransDigm Group by 105.9% in the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock valued at $44,000 after buying an additional 18 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at TransDigm Group

In related news, CEO Kevin M. Stein sold 20,000 shares of the stock in a transaction dated Wednesday, February 12th. The shares were sold at an average price of $1,354.08, for a total value of $27,081,600.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at $11,046,584.64. This trade represents a 71.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $1,315.93, for a total transaction of $7,200,768.96. Following the sale, the director now directly owns 21,548 shares in the company, valued at $28,355,659.64. The trade was a 20.25 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 124,894 shares of company stock valued at $167,450,256. 4.09% of the stock is currently owned by company insiders.

TransDigm Group Price Performance

Shares of NYSE TDG opened at $1,352.91 on Thursday. TransDigm Group Incorporated has a 1 year low of $1,176.31 and a 1 year high of $1,451.32. The company’s 50-day moving average is $1,336.16 and its 200 day moving average is $1,320.32. The stock has a market capitalization of $75.88 billion, a P/E ratio of 47.72, a P/E/G ratio of 2.76 and a beta of 1.08.

TransDigm Group (NYSE:TDG) last announced its earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the prior year, the company earned $7.16 EPS. The business’s revenue was up 12.1% compared to the same quarter last year. Research analysts anticipate that TransDigm Group Incorporated will post 35.13 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TDG shares. Susquehanna boosted their price objective on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a “neutral” rating in a research note on Wednesday, April 2nd. Barclays reiterated an “equal weight” rating and set a $1,500.00 price target on shares of TransDigm Group in a research report on Monday, January 6th. UBS Group raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective for the company in a research note on Monday, February 24th. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a “buy” rating to a “hold” rating and lowered their target price for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Finally, 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 research report on Wednesday, April 9th. Five investment analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat, TransDigm Group currently has an average rating of “Moderate Buy” and an average target price of $1,464.41.

TransDigm Group Company 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.