TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by AMG National Trust Bank

AMG National Trust Bank increased its position in TransDigm Group Incorporated (NYSE:TDG) by 5.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 206 shares of the aerospace company’s stock after acquiring an additional 10 shares during the period. AMG National Trust Bank’s holdings in TransDigm Group were worth $261,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Souders Financial Advisors increased its holdings in shares of TransDigm Group by 1.0% in the 3rd quarter. Souders Financial Advisors now owns 797 shares of the aerospace company’s stock worth $1,137,000 after acquiring an additional 8 shares during the period. Prosperity Financial Group Inc. increased its holdings in shares of TransDigm Group by 3.6% in the 3rd quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company’s stock worth $328,000 after acquiring an additional 8 shares during the period. Resonant Capital Advisors LLC increased its holdings in shares of TransDigm Group by 1.8% in the 4th quarter. Resonant Capital Advisors LLC now owns 462 shares of the aerospace company’s stock worth $585,000 after acquiring an additional 8 shares during the period. Quent Capital LLC increased its holdings in shares of TransDigm Group by 6.5% in the 4th quarter. Quent Capital LLC now owns 132 shares of the aerospace company’s stock worth $167,000 after acquiring an additional 8 shares during the period. Finally, Lindbrook Capital LLC increased its holdings in shares of TransDigm Group by 3.6% in the 4th quarter. Lindbrook Capital LLC now owns 231 shares of the aerospace company’s stock worth $293,000 after acquiring an additional 8 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

TransDigm Group Price Performance

Shares of TDG opened at $1,339.77 on Friday. TransDigm Group Incorporated has a one year low of $1,136.27 and a one year high of $1,451.32. The company has a 50-day moving average of $1,319.94 and a two-hundred day moving average of $1,326.72. The stock has a market cap of $75.14 billion, a price-to-earnings ratio of 47.26, a PEG ratio of 2.76 and a beta of 1.38.

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

Wall Street Analyst Weigh In

Several equities analysts have commented on TDG shares. Truist Financial raised their target price on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a research note on Tuesday, January 14th. Wells Fargo & Company raised shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $1,375.00 to $1,500.00 in a research note on Friday, February 7th. Barclays reissued an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a research note on Monday, January 6th. Citigroup raised their target price on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Six research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,472.47.

Insiders Place Their Bets

In related news, CEO Kevin M. Stein sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at approximately $10,181,755.06. This trade represents a 71.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Robert J. Small sold 38,053 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the sale, the director now owns 567,323 shares of the company’s stock, valued at approximately $708,461,615.94. This represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 121,647 shares of company stock worth $155,847,223 over the last ninety days. 4.09% of the stock is currently owned by company 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.