Duncker Streett & Co. Inc. Purchases 437 Shares of TransDigm Group Incorporated (NYSE:TDG)

Duncker Streett & Co. Inc. lifted its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 17.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,002 shares of the aerospace company’s stock after acquiring an additional 437 shares during the period. Duncker Streett & Co. Inc.’s holdings in TransDigm Group were worth $3,804,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in TDG. New York State Common Retirement Fund increased its position in shares of TransDigm Group by 2.0% during the third quarter. New York State Common Retirement Fund now owns 70,664 shares of the aerospace company’s stock valued at $100,847,000 after acquiring an additional 1,376 shares in the last quarter. Farther Finance Advisors LLC increased its position in shares of TransDigm Group by 10.0% during the third quarter. Farther Finance Advisors LLC now owns 187 shares of the aerospace company’s stock valued at $266,000 after acquiring an additional 17 shares in the last quarter. Tower Wealth Partners Inc. purchased a new stake in TransDigm Group in the third quarter worth approximately $201,000. Chicago Partners Investment Group LLC boosted its holdings in TransDigm Group by 78.9% in the third quarter. Chicago Partners Investment Group LLC now owns 3,807 shares of the aerospace company’s stock worth $5,169,000 after purchasing an additional 1,679 shares during the last quarter. Finally, Greenwich Wealth Management LLC boosted its holdings in TransDigm Group by 11.4% in the third quarter. Greenwich Wealth Management LLC now owns 254 shares of the aerospace company’s stock worth $363,000 after purchasing an additional 26 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TDG shares. UBS Group upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 target price on the stock in a report on Monday, February 24th. Truist Financial raised their target price 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. Deutsche Bank Aktiengesellschaft cut shares of TransDigm Group from a “buy” rating to a “hold” rating and dropped their target price for the stock from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. Citigroup raised their target price on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Six research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,472.47.

Insider Activity at TransDigm Group

In related news, CEO Kevin M. Stein sold 20,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at approximately $10,181,755.06. This represents a 71.03 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Robert J. Small sold 38,053 shares of the company’s stock in a transaction dated 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 owns 567,323 shares in the company, valued at $708,461,615.94. The trade was a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 121,647 shares of company stock worth $155,847,223. Insiders own 4.09% of the company’s stock.

TransDigm Group Stock Up 1.4 %

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

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

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.