TransDigm Group Inc. (NYSE:TDG) shares hit a new 52-week high during trading on Friday . The company traded as high as $280.66 and last traded at $279.88, with a volume of 117,066 shares trading hands. The stock had previously closed at $277.79.

A number of brokerages have commented on TDG. Wolfe Research cut shares of TransDigm Group from an “outperform” rating to a “market perform” rating in a research report on Friday, July 29th. Zacks Investment Research cut shares of TransDigm Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 12th. Canaccord Genuity increased their price target on shares of TransDigm Group from $260.00 to $265.00 and gave the company a “buy” rating in a research report on Wednesday, June 1st. Barclays PLC increased their price target on shares of TransDigm Group from $285.00 to $300.00 and gave the company an “overweight” rating in a research report on Wednesday, June 22nd. Finally, Morgan Stanley began coverage on shares of TransDigm Group in a research report on Thursday, June 23rd. They set an “equal weight” rating and a $287.00 price target on the stock. Eight equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. TransDigm Group presently has a consensus rating of “Hold” and an average price target of $263.00.

The firm has a market capitalization of $14.87 billion and a P/E ratio of 32.29. The company has a 50 day moving average price of $269.08 and a 200 day moving average price of $239.31.

TransDigm Group (NYSE:TDG) last posted its earnings results on Tuesday, May 10th. The company reported $2.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.58 by $0.28. The business had revenue of $796.80 million for the quarter, compared to analyst estimates of $777.11 million. During the same period last year, the business earned $2.11 EPS. TransDigm Group’s revenue was up 28.7% compared to the same quarter last year. On average, equities research analysts expect that TransDigm Group Inc. will post $11.20 EPS for the current fiscal year.

In other news, VP Gregory Rufus sold 20,900 shares of TransDigm Group stock in a transaction on Tuesday, May 10th. The stock was sold at an average price of $244.32, for a total value of $5,106,288.00. Following the completion of the sale, the vice president now directly owns 33,000 shares of the company’s stock, valued at $8,062,560. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Bernt G. Iversen II sold 10,000 shares of TransDigm Group stock in a transaction on Monday, August 1st. The shares were sold at an average price of $278.81, for a total value of $2,788,100.00. Following the completion of the sale, the insider now directly owns 15,010 shares of the company’s stock, valued at $4,184,938.10. The disclosure for this sale can be found here.

Several large investors have recently modified their holdings of the stock. US Bancorp DE boosted its stake in shares of TransDigm Group by 4.6% in the fourth quarter. US Bancorp DE now owns 5,728 shares of the company’s stock worth $1,309,000 after buying an additional 250 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. boosted its stake in shares of TransDigm Group by 8.2% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management CO. LTD. now owns 6,730 shares of the company’s stock worth $1,537,000 after buying an additional 508 shares during the last quarter. Andra AP fonden boosted its stake in shares of TransDigm Group by 27.3% in the fourth quarter. Andra AP fonden now owns 5,600 shares of the company’s stock worth $1,279,000 after buying an additional 1,200 shares during the last quarter. GSA Capital Partners LLP boosted its stake in shares of TransDigm Group by 191.6% in the fourth quarter. GSA Capital Partners LLP now owns 4,663 shares of the company’s stock worth $1,065,000 after buying an additional 3,064 shares during the last quarter. Finally, Trexquant Investment LP purchased a new stake in shares of TransDigm Group during the fourth quarter worth $1,280,000.

TransDigm Group Incorporated (TransDigm) is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft. The Company operates through three segments: Power & Control, Airframe and Non-aviation. Its 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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