TransDigm Group (NYSE:TDG)’s share price hit a new 52-week high and low during mid-day trading on Thursday . The stock traded as low as $330.15 and last traded at $329.86, with a volume of 181891 shares changing hands. The stock had previously closed at $326.37.

Several brokerages have recently issued reports on TDG. Cowen reiterated a “hold” rating and issued a $290.00 price objective on shares of TransDigm Group in a research note on Monday, January 29th. Royal Bank of Canada reiterated a “buy” rating and issued a $356.00 price objective on shares of TransDigm Group in a research note on Friday, April 6th. Zacks Investment Research cut TransDigm Group from a “buy” rating to a “hold” rating in a research note on Thursday, April 12th. SunTrust Banks raised their target price on TransDigm Group to $335.00 and gave the stock a “buy” rating in a research report on Monday. Finally, Canaccord Genuity reissued a “buy” rating and set a $330.00 target price on shares of TransDigm Group in a research report on Friday, February 2nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $326.57.

The stock has a market capitalization of $16,892.29, a P/E ratio of 27.40, a P/E/G ratio of 1.65 and a beta of 0.78. The company has a debt-to-equity ratio of -4.38, a current ratio of 2.76 and a quick ratio of 1.86.

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

In other news, EVP Roger Jones sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 17th. The stock was sold at an average price of $321.77, for a total value of $1,608,850.00. Following the transaction, the executive vice president now owns 9,000 shares of the company’s stock, valued at $2,895,930. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO W Nicholas Howley sold 9,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 14th. The shares were sold at an average price of $295.00, for a total value of $2,802,500.00. The disclosure for this sale can be found here. In the last three months, insiders sold 88,644 shares of company stock worth $26,937,612. Corporate insiders own 10.52% of the company’s stock.

Several large investors have recently added to or reduced their stakes in TDG. Viking Global Investors LP purchased a new stake in shares of TransDigm Group in the fourth quarter valued at approximately $157,994,000. Mar Vista Investment Partners LLC boosted its stake in shares of TransDigm Group by 56.7% in the fourth quarter. Mar Vista Investment Partners LLC now owns 349,160 shares of the aerospace company’s stock valued at $95,886,000 after buying an additional 126,307 shares in the last quarter. Windacre Partnership LLC boosted its stake in shares of TransDigm Group by 14.5% in the fourth quarter. Windacre Partnership LLC now owns 885,200 shares of the aerospace company’s stock valued at $243,094,000 after buying an additional 112,100 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of TransDigm Group by 25.1% in the fourth quarter. Bank of New York Mellon Corp now owns 414,268 shares of the aerospace company’s stock valued at $113,765,000 after buying an additional 83,180 shares in the last quarter. Finally, BlackRock Inc. boosted its stake in shares of TransDigm Group by 1.2% in the fourth quarter. BlackRock Inc. now owns 4,156,622 shares of the aerospace company’s stock valued at $1,141,491,000 after buying an additional 48,978 shares in the last quarter.

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About TransDigm Group

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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