Raymond James & Associates grew its position in shares of TransDigm Group (NYSE:TDG) by 9.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,443 shares of the aerospace company’s stock after acquiring an additional 534 shares during the quarter. Raymond James & Associates’ holdings in TransDigm Group were worth $1,769,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TDG. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of TransDigm Group by 43.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 519 shares of the aerospace company’s stock valued at $142,000 after buying an additional 158 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of TransDigm Group by 540.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 538 shares of the aerospace company’s stock valued at $148,000 after buying an additional 454 shares during the period. Neville Rodie & Shaw Inc. bought a new position in shares of TransDigm Group during the 4th quarter valued at $205,000. Alps Advisors Inc. bought a new position in shares of TransDigm Group during the 4th quarter valued at $205,000. Finally, Fox Run Management L.L.C. bought a new position in shares of TransDigm Group during the 4th quarter valued at $262,000.

In other TransDigm Group news, EVP Jorge Valladares sold 3,250 shares of the stock in a transaction on Tuesday, April 10th. The stock was sold at an average price of $306.83, for a total value of $997,197.50. Following the completion of the sale, the executive vice president now owns 12,250 shares in the company, valued at approximately $3,758,667.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Alex Feil sold 5,444 shares of the stock in a transaction on Friday, February 9th. The stock was sold at an average price of $280.85, for a total value of $1,528,947.40. Following the completion of the sale, the insider now owns 5,444 shares of the company’s stock, valued at approximately $1,528,947.40. The disclosure for this sale can be found here. Insiders sold a total of 78,894 shares of company stock valued at $23,413,109 in the last quarter. 10.52% of the stock is currently owned by company insiders.

NYSE:TDG opened at $309.22 on Friday. The company has a quick ratio of 1.86, a current ratio of 2.76 and a debt-to-equity ratio of -4.38. The firm has a market capitalization of $16,086.38, a PE ratio of 25.75, a P/E/G ratio of 1.57 and a beta of 0.78. TransDigm Group has a one year low of $229.59 and a one year high of $321.38.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, February 6th. The aerospace company reported $2.43 EPS for the quarter, missing the consensus estimate of $2.64 by ($0.21). TransDigm Group had a negative return on equity of 27.70% and a net margin of 18.95%. The company had revenue of $847.96 million during the quarter, compared to analysts’ expectations of $860.12 million. During the same quarter last year, the company earned $2.57 earnings per share. The company’s revenue for the quarter was up 4.2% on a year-over-year basis. sell-side analysts expect that TransDigm Group will post 16.69 EPS for the current fiscal year.

Several equities analysts have recently weighed in on TDG shares. Jefferies Group reissued a “hold” rating and set a $285.00 price target on shares of TransDigm Group in a report on Monday, January 8th. SunTrust Banks reissued a “buy” rating on shares of TransDigm Group in a report on Friday, January 19th. Royal Bank of Canada set a $370.00 price target on TransDigm Group and gave the company a “buy” rating in a report on Wednesday, January 24th. Cowen reissued a “hold” rating and set a $290.00 price target on shares of TransDigm Group in a report on Monday, January 29th. Finally, Canaccord Genuity restated a “buy” rating and issued a $330.00 price objective on shares of TransDigm Group in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $324.57.

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TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States. The company's 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, databus and power controls, 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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