Sanctuary Advisors LLC Has $9.48 Million Stock Position in TransDigm Group Incorporated (NYSE:TDG)

Sanctuary Advisors LLC boosted its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,942 shares of the aerospace company’s stock after purchasing an additional 82 shares during the period. Sanctuary Advisors LLC’s holdings in TransDigm Group were worth $9,475,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of TDG. Creative Planning boosted its position in TransDigm Group by 3.9% during the third quarter. Creative Planning now owns 5,846 shares of the aerospace company’s stock valued at $8,343,000 after purchasing an additional 222 shares during the last quarter. Blue Trust Inc. boosted its position in TransDigm Group by 159.3% during the third quarter. Blue Trust Inc. now owns 293 shares of the aerospace company’s stock valued at $418,000 after purchasing an additional 180 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in TransDigm Group by 95.9% during the third quarter. Allspring Global Investments Holdings LLC now owns 40,583 shares of the aerospace company’s stock valued at $57,917,000 after purchasing an additional 19,868 shares during the last quarter. Castleview Partners LLC boosted its position in TransDigm Group by 61.1% during the third quarter. Castleview Partners LLC now owns 87 shares of the aerospace company’s stock valued at $124,000 after purchasing an additional 33 shares during the last quarter. Finally, Surience Private Wealth LLC acquired a new stake in shares of TransDigm Group in the third quarter worth about $4,007,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on TDG shares. Truist Financial boosted their price target on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Wells Fargo & Company raised TransDigm Group from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $1,375.00 to $1,500.00 in a research report on Friday, February 7th. Barclays reaffirmed an “equal weight” rating and issued a $1,500.00 price target on shares of TransDigm Group in a research report on Monday, January 6th. Deutsche Bank Aktiengesellschaft cut TransDigm Group from a “buy” rating to a “hold” rating and reduced their price target for the stock from $1,444.00 to $1,348.00 in a research report on Thursday, January 2nd. Finally, Citigroup boosted their price target on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,462.35.

TransDigm Group Stock Down 1.1 %

Shares of TDG opened at $1,299.66 on Wednesday. TransDigm Group Incorporated has a 12-month low of $1,136.27 and a 12-month high of $1,451.32. The firm has a market capitalization of $72.88 billion, a price-to-earnings ratio of 45.84, a P/E/G ratio of 2.86 and a beta of 1.40. The stock’s 50-day moving average price is $1,301.98 and its 200 day moving average price is $1,318.55.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.73 by $0.84. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period in the previous year, the company posted $7.16 earnings per share. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. Equities research analysts expect that TransDigm Group Incorporated will post 34.11 EPS for the current year.

Insider Activity

In other news, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,525,524. This represents a 45.45 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 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 value of $47,519,825.34. Following the completion of the sale, the director now owns 567,323 shares in the company, 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. In the last ninety days, insiders have sold 113,175 shares of company stock worth $144,677,394. Company insiders own 4.09% of the company’s stock.

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.