Quent Capital LLC Has $167,000 Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Quent Capital LLC lifted its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 6.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 132 shares of the aerospace company’s stock after purchasing an additional 8 shares during the period. Quent Capital LLC’s holdings in TransDigm Group were worth $167,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Panoramic Capital Partners LLC acquired a new position in shares of TransDigm Group during the 4th quarter worth about $209,000. Ferguson Wellman Capital Management Inc. boosted its holdings in shares of TransDigm Group by 7.3% during the 4th quarter. Ferguson Wellman Capital Management Inc. now owns 323 shares of the aerospace company’s stock worth $409,000 after buying an additional 22 shares during the period. Savant Capital LLC boosted its holdings in shares of TransDigm Group by 7.9% during the 4th quarter. Savant Capital LLC now owns 873 shares of the aerospace company’s stock worth $1,106,000 after buying an additional 64 shares during the period. Canvas Wealth Advisors LLC boosted its holdings in shares of TransDigm Group by 8.3% during the 4th quarter. Canvas Wealth Advisors LLC now owns 183 shares of the aerospace company’s stock worth $232,000 after buying an additional 14 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of TransDigm Group by 41.4% during the 4th quarter. Kestra Private Wealth Services LLC now owns 4,005 shares of the aerospace company’s stock worth $5,075,000 after buying an additional 1,172 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

TransDigm Group Trading Down 0.6 %

Shares of TransDigm Group stock opened at $1,353.69 on Thursday. The company has a 50 day moving average of $1,298.24 and a 200-day moving average of $1,316.72. TransDigm Group Incorporated has a 1-year low of $1,100.86 and a 1-year high of $1,451.32. The company has a market cap of $75.92 billion, a PE ratio of 47.75, a price-to-earnings-growth ratio of 2.86 and a beta of 1.40.

TransDigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.73 by $0.84. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The firm’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the prior year, the company earned $7.16 EPS. Research analysts forecast that TransDigm Group Incorporated will post 34.11 earnings per share for the current year.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,000 shares of the company’s 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 completion of the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,892,616. This represents a 45.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert J. Small sold 38,053 shares of the company’s 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 completion of the transaction, the director now owns 567,323 shares of the company’s stock, valued at approximately $708,461,615.94. This trade 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 89,525 shares of company stock worth $112,769,801 in the last three months. 4.09% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several analysts recently commented on the stock. StockNews.com raised shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Wells Fargo & Company raised shares of TransDigm Group from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $1,375.00 to $1,500.00 in a report on Friday, February 7th. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating and reduced their target price for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. KeyCorp boosted their price objective on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Finally, Barclays reissued an “equal weight” rating and issued a $1,500.00 price objective on shares of TransDigm Group in a report on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, TransDigm Group has an average rating of “Moderate Buy” and an average target price of $1,462.35.

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.