PYA Waltman Capital LLC Purchases 153 Shares of TransDigm Group Incorporated (NYSE:TDG)

PYA Waltman Capital LLC increased its position in shares of TransDigm Group Incorporated (NYSE:TDGGet Rating) by 0.9% during the first quarter, Holdings Channel.com reports. The institutional investor owned 16,833 shares of the aerospace company’s stock after purchasing an additional 153 shares during the period. TransDigm Group accounts for 5.4% of PYA Waltman Capital LLC’s investment portfolio, making the stock its 6th largest holding. PYA Waltman Capital LLC’s holdings in TransDigm Group were worth $10,967,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Janney Montgomery Scott LLC increased its holdings in shares of TransDigm Group by 4.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 2,579 shares of the aerospace company’s stock valued at $1,641,000 after purchasing an additional 118 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of TransDigm Group in the fourth quarter valued at $2,387,000. CWM LLC acquired a new position in shares of TransDigm Group in the fourth quarter valued at $102,000. Nomura Asset Management Co. Ltd. increased its holdings in shares of TransDigm Group by 6.6% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 10,921 shares of the aerospace company’s stock valued at $6,949,000 after purchasing an additional 676 shares during the last quarter. Finally, FDx Advisors Inc. increased its holdings in shares of TransDigm Group by 45.3% in the fourth quarter. FDx Advisors Inc. now owns 574 shares of the aerospace company’s stock valued at $365,000 after purchasing an additional 179 shares during the last quarter. 99.33% of the stock is currently owned by institutional investors and hedge funds.

TransDigm Group Stock Performance

NYSE:TDG opened at $638.30 on Friday. The firm’s fifty day moving average is $569.10 and its 200-day moving average is $606.47. TransDigm Group Incorporated has a 52 week low of $500.08 and a 52 week high of $686.06. The firm has a market cap of $34.86 billion, a P/E ratio of 44.42, a P/E/G ratio of 1.80 and a beta of 1.44.

TransDigm Group (NYSE:TDGGet Rating) last issued its earnings results on Tuesday, May 10th. The aerospace company reported $3.29 EPS for the quarter, missing the consensus estimate of $3.31 by ($0.02). TransDigm Group had a net margin of 17.70% and a negative return on equity of 27.39%. The firm had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the prior year, the business earned $2.29 earnings per share. The business’s quarterly revenue was up 11.1% on a year-over-year basis. As a group, sell-side analysts anticipate that TransDigm Group Incorporated will post 14.54 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have commented on TDG shares. Susquehanna Bancshares decreased their price objective on shares of TransDigm Group from $720.00 to $620.00 in a report on Wednesday, May 11th. Truist Financial dropped their price objective on shares of TransDigm Group from $786.00 to $700.00 and set a “buy” rating for the company in a research note on Tuesday, July 19th. Wells Fargo & Company dropped their price objective on shares of TransDigm Group from $700.00 to $620.00 in a research note on Wednesday, May 11th. StockNews.com cut shares of TransDigm Group from a “buy” rating to a “hold” rating in a research note on Thursday, May 19th. Finally, Susquehanna dropped their price objective on shares of TransDigm Group from $720.00 to $620.00 in a research note on Wednesday, May 11th. Four research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat.com, TransDigm Group currently has an average rating of “Moderate Buy” and a consensus target price of $703.29.

Insider Activity at TransDigm Group

In other news, Director Robert J. Small bought 28,453 shares of the firm’s stock in a transaction that occurred on Monday, May 23rd. The stock was acquired at an average cost of $565.00 per share, with a total value of $16,075,945.00. Following the transaction, the director now directly owns 2,415,931 shares of the company’s stock, valued at approximately $1,365,001,015. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Robert J. Small acquired 28,453 shares of the firm’s stock in a transaction on Monday, May 23rd. The stock was purchased at an average cost of $565.00 per share, with a total value of $16,075,945.00. Following the acquisition, the director now owns 2,415,931 shares of the company’s stock, valued at approximately $1,365,001,015. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Robert J. Small bought 19,398 shares of TransDigm Group stock in a transaction dated Thursday, May 19th. The stock was acquired at an average cost of $544.09 per share, with a total value of $10,554,257.82. Following the completion of the acquisition, the director now owns 185,086 shares of the company’s stock, valued at $100,703,441.74. The disclosure for this purchase can be found here. 8.96% of the stock is currently owned by corporate insiders.

About TransDigm Group

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TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its 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.

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

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