Syon Capital LLC Increases Holdings in TransDigm Group Incorporated (NYSE:TDG)

Syon Capital LLC increased its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 5.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 304 shares of the aerospace company’s stock after acquiring an additional 17 shares during the quarter. Syon Capital LLC’s holdings in TransDigm Group were worth $308,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TDG. Compagnie Lombard Odier SCmA purchased a new stake in TransDigm Group in the fourth quarter valued at $25,000. Oakworth Capital Inc. purchased a new stake in TransDigm Group in the fourth quarter valued at $26,000. Optiver Holding B.V. purchased a new stake in TransDigm Group in the third quarter valued at $35,000. Oliver Lagore Vanvalin Investment Group raised its position in TransDigm Group by 48.0% in the fourth quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock valued at $38,000 after purchasing an additional 12 shares during the period. Finally, Valley National Advisers Inc. raised its position in TransDigm Group by 26.1% in the third quarter. Valley National Advisers Inc. now owns 58 shares of the aerospace company’s stock valued at $49,000 after purchasing an additional 12 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on TDG. Stifel Nicolaus lifted their price objective on TransDigm Group from $1,100.00 to $1,200.00 and gave the company a “hold” rating in a research note on Wednesday, April 17th. The Goldman Sachs Group lifted their price objective on TransDigm Group from $1,285.00 to $1,518.00 and gave the company a “buy” rating in a research note on Tuesday, April 16th. JPMorgan Chase & Co. upped their price target on TransDigm Group from $1,050.00 to $1,175.00 and gave the stock a “neutral” rating in a report on Wednesday, March 27th. KeyCorp increased their price objective on TransDigm Group from $1,220.00 to $1,325.00 and gave the company an “overweight” rating in a report on Monday, April 22nd. Finally, Citigroup increased their price objective on TransDigm Group from $1,380.00 to $1,395.00 and gave the company a “buy” rating in a report on Thursday, April 4th. Six analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, TransDigm Group currently has an average rating of “Moderate Buy” and an average target price of $1,170.27.

Insider Transactions at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 2,391 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $1,160.55, for a total value of $2,774,875.05. Following the sale, the director now owns 21,549 shares of the company’s stock, valued at approximately $25,008,691.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO Kevin M. Stein sold 10,000 shares of the business’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $1,216.16, for a total value of $12,161,600.00. Following the sale, the chief executive officer now owns 8,158 shares of the company’s stock, valued at approximately $9,921,433.28. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director W Nicholas Howley sold 2,391 shares of TransDigm Group stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,160.55, for a total value of $2,774,875.05. Following the completion of the transaction, the director now owns 21,549 shares of the company’s stock, valued at approximately $25,008,691.95. The disclosure for this sale can be found here. Insiders sold 59,087 shares of company stock valued at $69,840,358 in the last three months. Corporate insiders own 4.96% of the company’s stock.

TransDigm Group Stock Performance

Shares of TDG opened at $1,259.15 on Friday. The stock’s fifty day moving average is $1,203.04 and its 200-day moving average is $1,061.40. TransDigm Group Incorporated has a one year low of $745.65 and a one year high of $1,269.51. The firm has a market capitalization of $70.02 billion, a price-to-earnings ratio of 53.44, a price-to-earnings-growth ratio of 2.56 and a beta of 1.42.

TransDigm Group (NYSE:TDG) last released its quarterly earnings results on Thursday, February 8th. The aerospace company reported $7.16 earnings per share for the quarter, beating analysts’ consensus estimates of $6.41 by $0.75. The business had revenue of $1.79 billion during the quarter, compared to analyst estimates of $1.68 billion. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. TransDigm Group’s revenue for the quarter was up 28.1% on a year-over-year basis. During the same quarter last year, the company posted $4.15 EPS. Analysts forecast that TransDigm Group Incorporated will post 29.08 EPS for the current fiscal year.

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.