Windacre Partnership LLC Has $613.34 Million Holdings in TransDigm Group Incorporated (NYSE:TDG)

Windacre Partnership LLC decreased its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 14.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 498,000 shares of the aerospace company’s stock after selling 82,200 shares during the quarter. TransDigm Group comprises approximately 8.4% of Windacre Partnership LLC’s holdings, making the stock its 6th largest position. Windacre Partnership LLC owned about 0.89% of TransDigm Group worth $613,337,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC bought a new stake in TransDigm Group during the 1st quarter valued at approximately $30,000. Oakworth Capital Inc. bought a new stake in TransDigm Group during the 4th quarter valued at approximately $26,000. Central Pacific Bank Trust Division bought a new stake in TransDigm Group during the 1st quarter valued at approximately $39,000. Oliver Lagore Vanvalin Investment Group lifted its position in shares of TransDigm Group by 48.0% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock worth $38,000 after acquiring an additional 12 shares during the period. Finally, VisionPoint Advisory Group LLC bought a new stake in shares of TransDigm Group in the 4th quarter worth approximately $37,000. Institutional investors own 95.78% of the company’s stock.

TransDigm Group Price Performance

Shares of NYSE TDG traded up $28.04 during midday trading on Tuesday, hitting $1,264.16. The stock had a trading volume of 279,913 shares, compared to its average volume of 222,740. The company’s 50-day simple moving average is $1,294.49 and its 200 day simple moving average is $1,227.11. The firm has a market cap of $70.74 billion, a P/E ratio of 50.15, a price-to-earnings-growth ratio of 2.07 and a beta of 1.38. TransDigm Group Incorporated has a fifty-two week low of $802.46 and a fifty-two week high of $1,369.57.

TransDigm Group (NYSE:TDG) last released its earnings results on Tuesday, May 7th. The aerospace company reported $7.99 EPS for the quarter, beating the consensus estimate of $7.42 by $0.57. The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.88 billion. TransDigm Group had a negative return on equity of 63.35% and a net margin of 21.22%. The business’s revenue for the quarter was up 20.5% on a year-over-year basis. During the same period last year, the firm earned $5.39 EPS. Equities analysts expect that TransDigm Group Incorporated will post 30.21 EPS for the current fiscal year.

Insider Activity

In other news, CEO Kevin M. Stein sold 10,000 shares of TransDigm Group stock in a transaction on Friday, July 12th. The stock was sold at an average price of $1,248.60, for a total value of $12,486,000.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at approximately $10,186,078.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director W Nicholas Howley sold 197 shares of TransDigm Group stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $1,318.14, for a total transaction of $259,673.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Kevin M. Stein sold 10,000 shares of TransDigm Group stock in a transaction on Friday, July 12th. The stock was sold at an average price of $1,248.60, for a total value of $12,486,000.00. Following the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at $10,186,078.80. The disclosure for this sale can be found here. In the last ninety days, insiders sold 105,905 shares of company stock valued at $137,900,519. Company insiders own 4.96% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on TDG. TD Cowen raised their price objective on TransDigm Group from $1,300.00 to $1,400.00 and gave the stock a “buy” rating in a research report on Wednesday, May 8th. Susquehanna raised their price objective on TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 8th. KeyCorp raised their price objective on TransDigm Group from $1,325.00 to $1,440.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 28th. Deutsche Bank Aktiengesellschaft raised their price objective on TransDigm Group from $1,435.00 to $1,524.00 and gave the stock a “buy” rating in a research report on Thursday, June 20th. Finally, Citigroup raised their target price on TransDigm Group from $1,380.00 to $1,395.00 and gave the stock a “buy” rating in a research report on Thursday, April 4th. Six analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,417.69.

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.