WINTON GROUP Ltd lifted its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 30.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,507 shares of the aerospace company’s stock after purchasing an additional 823 shares during the quarter. WINTON GROUP Ltd’s holdings in TransDigm Group were worth $1,697,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. Pennant Investors LP raised its holdings in TransDigm Group by 5.0% in the first quarter. Pennant Investors LP now owns 42,300 shares of the aerospace company’s stock valued at $19,204,000 after acquiring an additional 2,000 shares in the last quarter. Rational Advisors LLC raised its holdings in TransDigm Group by 206.0% in the first quarter. Rational Advisors LLC now owns 3,400 shares of the aerospace company’s stock valued at $1,544,000 after acquiring an additional 2,289 shares in the last quarter. Virtu Financial LLC acquired a new stake in TransDigm Group in the first quarter valued at approximately $583,000. Creative Planning raised its holdings in TransDigm Group by 4.0% in the first quarter. Creative Planning now owns 1,913 shares of the aerospace company’s stock valued at $868,000 after acquiring an additional 74 shares in the last quarter. Finally, Columbus Circle Investors acquired a new stake in TransDigm Group in the first quarter valued at approximately $8,901,000. 99.07% of the stock is currently owned by hedge funds and other institutional investors.

Shares of TDG traded down $2.46 during mid-day trading on Friday, reaching $496.00. 161,082 shares of the company’s stock were exchanged, compared to its average volume of 235,664. The stock has a market cap of $26.38 billion, a PE ratio of 29.19, a PEG ratio of 2.63 and a beta of 1.06. The stock’s fifty day simple moving average is $486.01. TransDigm Group Incorporated has a 52-week low of $307.36 and a 52-week high of $502.67.

TransDigm Group (NYSE:TDG) last announced its earnings results on Tuesday, May 7th. The aerospace company reported $4.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.73 by $0.48. The business had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.11 billion. TransDigm Group had a net margin of 19.44% and a negative return on equity of 50.29%. The company’s revenue for the quarter was up 28.2% compared to the same quarter last year. During the same period last year, the firm posted $3.79 earnings per share. On average, sell-side analysts forecast that TransDigm Group Incorporated will post 16.03 earnings per share for the current fiscal year.

In other news, Chairman W Nicholas Howley sold 17,083 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The shares were sold at an average price of $475.09, for a total transaction of $8,115,962.47. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John Staer sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The stock was sold at an average price of $464.67, for a total transaction of $1,161,675.00. Following the transaction, the director now owns 1,691 shares in the company, valued at $785,756.97. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 63,749 shares of company stock worth $30,135,018. Insiders own 11.00% of the company’s stock.

Several brokerages have commented on TDG. Longbow Research reiterated a “hold” rating on shares of GoPro in a research note on Tuesday, April 9th. Barclays reiterated a “hold” rating on shares of Mettler-Toledo International in a research note on Wednesday, May 15th. Canaccord Genuity increased their price target on shares of ServiceNow from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Wednesday, May 8th. JPMorgan Chase & Co. set a €20.00 ($23.26) price target on shares of STMicroelectronics and gave the company a “buy” rating in a research note on Tuesday, May 14th. Finally, UBS Group increased their price target on shares of Willis Towers Watson from $202.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, July 10th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $491.27.

TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The company operates in three segments: Power & Control, Airframe, and Non-aviation. 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, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems.

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Institutional Ownership by Quarter for TransDigm Group (NYSE:TDG)

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