Rice Hall James & Associates LLC increased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 10.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,900 shares of the aerospace company’s stock after buying an additional 565 shares during the period. Rice Hall James & Associates LLC’s holdings in Transdigm Group were worth $1,586,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Global Thematic Partners LLC boosted its stake in Transdigm Group by 24.0% in the first quarter. Global Thematic Partners LLC now owns 181,107 shares of the aerospace company’s stock valued at $39,872,000 after buying an additional 35,002 shares during the last quarter. Country Trust Bank bought a new stake in Transdigm Group during the first quarter valued at $18,148,000. Nationwide Fund Advisors boosted its stake in Transdigm Group by 30.8% in the first quarter. Nationwide Fund Advisors now owns 91,214 shares of the aerospace company’s stock valued at $20,082,000 after buying an additional 21,499 shares during the last quarter. Candriam Luxembourg S.C.A. boosted its stake in Transdigm Group by 12.3% in the first quarter. Candriam Luxembourg S.C.A. now owns 3,960 shares of the aerospace company’s stock valued at $872,000 after buying an additional 433 shares during the last quarter. Finally, Retirement Systems of Alabama boosted its stake in Transdigm Group by 1.0% in the first quarter. Retirement Systems of Alabama now owns 24,012 shares of the aerospace company’s stock valued at $5,286,000 after buying an additional 244 shares during the last quarter.

Shares of Transdigm Group Incorporated (NYSE TDG) opened at 278.92 on Wednesday. The stock’s 50 day moving average is $277.45 and its 200 day moving average is $254.08. The firm has a market cap of $14.48 billion, a price-to-earnings ratio of 30.99 and a beta of 0.56. Transdigm Group Incorporated has a 12-month low of $203.72 and a 12-month high of $295.00.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, August 8th. The aerospace company reported $3.30 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.98 by $0.32. Transdigm Group had a net margin of 14.47% and a negative return on equity of 40.12%. The company had revenue of $907.67 million during the quarter, compared to the consensus estimate of $903.99 million. During the same quarter in the prior year, the firm posted $3.09 EPS. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. Equities analysts expect that Transdigm Group Incorporated will post $12.30 earnings per share for the current year.

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Several research firms recently issued reports on TDG. Wolfe Research lowered shares of Transdigm Group from an “outperform” rating to a “market perform” rating in a research report on Thursday, July 20th. Canaccord Genuity reissued a “buy” rating and issued a $330.00 price target (up previously from $300.00) on shares of Transdigm Group in a research report on Wednesday, August 9th. Deutsche Bank AG increased their price target on shares of Transdigm Group from $305.00 to $320.00 and gave the stock a “buy” rating in a research report on Wednesday, August 9th. Stephens lowered shares of Transdigm Group from an “equal weight” rating to an “underweight” rating and set a $230.00 price target for the company. in a research report on Thursday, August 3rd. Finally, Jefferies Group LLC increased their price target on shares of Transdigm Group from $283.00 to $322.00 and gave the stock a “buy” rating in a research report on Thursday, August 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Transdigm Group presently has an average rating of “Buy” and an average price target of $297.52.

In related news, Director Raymond F. Laubenthal sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, July 17th. The shares were sold at an average price of $281.81, for a total transaction of $1,690,860.00. Following the completion of the transaction, the director now directly owns 75,701 shares in the company, valued at approximately $21,333,298.81. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Jorge Valladares sold 100 shares of the company’s stock in a transaction that occurred on Wednesday, July 12th. The stock was sold at an average price of $276.00, for a total transaction of $27,600.00. Following the transaction, the insider now owns 9,100 shares of the company’s stock, valued at $2,511,600. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 18,000 shares of company stock valued at $4,952,017. 10.52% of the stock is currently owned by insiders.

Transdigm Group Company Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The Power & Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.

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

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