X Square Capital LLC Acquires 21 Shares of TransDigm Group Incorporated (NYSE:TDG)

X Square Capital LLC grew its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 1.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,082 shares of the aerospace company’s stock after acquiring an additional 21 shares during the quarter. X Square Capital LLC’s holdings in TransDigm Group were worth $2,638,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in TDG. Erste Asset Management GmbH bought a new position in TransDigm Group in the 3rd quarter valued at approximately $29,000. Capital Advisors Ltd. LLC increased its holdings in shares of TransDigm Group by 200.0% during the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after buying an additional 16 shares in the last quarter. Trust Co. of Vermont lifted its stake in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 15 shares during the last quarter. Versant Capital Management Inc grew its position in TransDigm Group by 225.0% during the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company’s stock worth $33,000 after acquiring an additional 18 shares during the last quarter. Finally, Sachetta LLC increased its holdings in TransDigm Group by 105.9% in the 4th quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock worth $44,000 after purchasing an additional 18 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TDG. Deutsche Bank Aktiengesellschaft downgraded TransDigm Group from a “buy” rating to a “hold” rating and lowered their price objective for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Citigroup lifted their price target 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. Barclays restated an “equal weight” rating and issued a $1,500.00 price objective on shares of TransDigm Group in a report on Monday, January 6th. UBS Group raised 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. Finally, Truist Financial increased their price target on 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. Six equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,477.18.

Insider Activity at TransDigm Group

In other news, Director Robert J. Small sold 1,000 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $1,335.22, for a total transaction of $1,335,220.00. Following the completion of the transaction, the director now directly owns 95,147 shares in the company, valued at $127,042,177.34. The trade was a 1.04 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $1,360.04, for a total value of $4,080,120.00. Following the completion of the sale, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,896,144. The trade was a 45.45 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 124,594 shares of company stock worth $165,646,468. Company insiders own 4.09% of the company’s stock.

TransDigm Group Trading Down 0.8 %

NYSE:TDG opened at $1,383.41 on Friday. The firm has a fifty day simple moving average of $1,342.45 and a two-hundred day simple moving average of $1,329.07. TransDigm Group Incorporated has a 12 month low of $1,176.31 and a 12 month high of $1,451.32. The stock has a market capitalization of $77.59 billion, a price-to-earnings ratio of 48.80, a PEG ratio of 2.76 and a beta of 1.38.

TransDigm Group (NYSE:TDG) last released its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, beating the consensus estimate of $6.73 by $0.84. The firm had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The company’s quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $7.16 earnings per share. Equities analysts predict 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.