Kohmann Bosshard Financial Services LLC Acquires Shares of 200 TransDigm Group Incorporated (NYSE:TDG)

Kohmann Bosshard Financial Services LLC acquired a new stake in shares of TransDigm Group Incorporated (NYSE:TDG) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 200 shares of the aerospace company’s stock, valued at approximately $253,000.

Several other institutional investors have also added to or reduced their stakes in the business. Smartleaf Asset Management LLC lifted its holdings in TransDigm Group by 51.3% during the fourth quarter. Smartleaf Asset Management LLC now owns 286 shares of the aerospace company’s stock valued at $366,000 after purchasing an additional 97 shares during the last quarter. Duncker Streett & Co. Inc. lifted its holdings in TransDigm Group by 17.0% during the fourth quarter. Duncker Streett & Co. Inc. now owns 3,002 shares of the aerospace company’s stock valued at $3,804,000 after purchasing an additional 437 shares during the last quarter. Metis Global Partners LLC lifted its holdings in TransDigm Group by 5.2% during the fourth quarter. Metis Global Partners LLC now owns 1,884 shares of the aerospace company’s stock valued at $2,388,000 after purchasing an additional 93 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in TransDigm Group by 16.4% during the fourth quarter. Fisher Asset Management LLC now owns 255 shares of the aerospace company’s stock valued at $324,000 after purchasing an additional 36 shares during the last quarter. Finally, SVB Wealth LLC purchased a new stake in TransDigm Group during the fourth quarter valued at about $234,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on TDG shares. Barclays reissued an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a report on Monday, January 6th. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating and lowered their price target for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Wells Fargo & Company raised shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $1,375.00 to $1,500.00 in a report on Friday, February 7th. Finally, Truist Financial increased their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Six analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,472.47.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, Director Robert J. Small sold 38,053 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the transaction, the director now directly owns 567,323 shares in the company, valued at $708,461,615.94. This trade represents a 6.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $1,359.06, for a total transaction of $4,077,180.00. Following the transaction, the chief operating officer now owns 3,600 shares in the company, valued at $4,892,616. The trade was a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 121,647 shares of company stock worth $155,847,223 over the last ninety days. Insiders own 4.09% of the company’s stock.

TransDigm Group Trading Up 1.4 %

TDG stock opened at $1,368.24 on Friday. The company’s 50 day moving average is $1,314.11 and its 200 day moving average is $1,324.21. The stock has a market cap of $76.74 billion, a price-to-earnings ratio of 48.26, a price-to-earnings-growth ratio of 2.76 and a beta of 1.40. TransDigm Group Incorporated has a 1-year low of $1,136.27 and a 1-year high of $1,451.32.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating analysts’ consensus estimates of $6.73 by $0.84. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2.03 billion. During the same period last year, the business earned $7.16 earnings per share. The business’s quarterly revenue was up 12.1% on a year-over-year basis. As a group, sell-side analysts forecast that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

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.