KMG Fiduciary Partners LLC Buys Shares of 194 TransDigm Group Incorporated (NYSE:TDG)

KMG Fiduciary Partners LLC bought a new stake in shares of TransDigm Group Incorporated (NYSE:TDG) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 194 shares of the aerospace company’s stock, valued at approximately $239,000.

A number of other institutional investors and hedge funds have also bought and sold shares of TDG. Compagnie Lombard Odier SCmA bought a new stake in TransDigm Group during the 4th quarter valued at $25,000. Oakworth Capital Inc. bought a new stake in TransDigm Group during the 4th quarter valued at $26,000. Optiver Holding B.V. bought a new position in shares of TransDigm Group in the 3rd quarter worth $35,000. VisionPoint Advisory Group LLC bought a new position in shares of TransDigm Group in the 4th quarter worth $37,000. Finally, Oliver Lagore Vanvalin Investment Group raised its position in shares of TransDigm Group by 48.0% in the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock worth $38,000 after acquiring an additional 12 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TDG has been the subject of several recent research reports. Royal Bank of Canada boosted their price target on TransDigm Group from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 8th. TD Cowen boosted their price target on TransDigm Group from $1,300.00 to $1,400.00 and gave the stock a “buy” rating in a research report on Wednesday, May 8th. Wells Fargo & Company boosted their price target on TransDigm Group from $1,260.00 to $1,390.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 8th. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 18th. Finally, UBS Group boosted their price target on TransDigm Group from $1,302.00 to $1,403.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 8th. Six equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat.com, TransDigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,403.88.

Insider Transactions at TransDigm Group

In other news, CEO Kevin M. Stein sold 10,000 shares of the company’s stock in a transaction dated 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 in the company, valued at $9,921,433.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Robert J. Small sold 21,210 shares of the company’s stock in a transaction dated Wednesday, June 12th. The stock was sold at an average price of $1,315.87, for a total value of $27,909,602.70. Following the sale, the director now owns 100,962 shares in the company, valued at $132,852,866.94. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Kevin M. Stein sold 10,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at approximately $9,921,433.28. The disclosure for this sale can be found here. Over the last quarter, insiders have purchased 3 shares of company stock worth $1,690 and have sold 100,833 shares worth $131,249,183. Company insiders own 4.96% of the company’s stock.

TransDigm Group Stock Performance

TransDigm Group stock opened at $1,321.09 on Friday. The business’s 50-day simple moving average is $1,294.61 and its two-hundred day simple moving average is $1,172.95. The company has a market cap of $73.93 billion, a PE ratio of 52.40, a PEG ratio of 2.26 and a beta of 1.39. TransDigm Group Incorporated has a fifty-two week low of $802.46 and a fifty-two week high of $1,369.57.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, May 7th. The aerospace company reported $7.99 earnings per share for the quarter, beating the consensus estimate of $7.42 by $0.57. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $1.88 billion. TransDigm Group had a negative return on equity of 63.35% and a net margin of 21.22%. The company’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.39 EPS. As a group, analysts predict that TransDigm Group Incorporated will post 29.99 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.