Skylands Capital LLC Has $976,000 Stock Holdings in TransDigm Group Incorporated (NYSE:TDG)

Skylands Capital LLC decreased its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 965 shares of the aerospace company’s stock after selling 15 shares during the period. Skylands Capital LLC’s holdings in TransDigm Group were worth $976,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of TDG. Compagnie Lombard Odier SCmA acquired a new position in TransDigm Group during the fourth quarter valued at approximately $25,000. Oakworth Capital Inc. bought a new position in TransDigm Group in the 4th quarter worth $26,000. Oliver Lagore Vanvalin Investment Group lifted its position in TransDigm Group by 48.0% during 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 during the last quarter. Optiver Holding B.V. bought a new stake in TransDigm Group during the third quarter valued at about $35,000. Finally, Blue Trust Inc. grew its position in shares of TransDigm Group by 134.8% in the fourth quarter. Blue Trust Inc. now owns 54 shares of the aerospace company’s stock valued at $55,000 after purchasing an additional 31 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Royal Bank of Canada increased their target price on TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “outperform” rating in a research note on Friday, February 9th. Citigroup increased their price objective on TransDigm Group from $1,380.00 to $1,395.00 and gave the company a “buy” rating in a research report on Thursday, April 4th. Stifel Nicolaus upped their target price on shares of TransDigm Group from $1,100.00 to $1,200.00 and gave the company a “hold” rating in a research note on Wednesday, April 17th. Barclays increased their price target on shares of TransDigm Group from $1,150.00 to $1,250.00 and gave the company an “overweight” rating in a report on Monday, February 12th. Finally, The Goldman Sachs Group boosted their price objective on shares of TransDigm Group from $1,285.00 to $1,518.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,170.27.

TransDigm Group Stock Performance

Shares of NYSE TDG opened at $1,258.72 on Tuesday. TransDigm Group Incorporated has a 52-week low of $750.86 and a 52-week high of $1,269.51. The business has a fifty day moving average of $1,205.25 and a two-hundred day moving average of $1,065.56. The stock has a market cap of $70.00 billion, a PE ratio of 53.36, a PEG ratio of 2.56 and a beta of 1.42.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings results on Thursday, February 8th. The aerospace company reported $7.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.41 by $0.75. The firm had revenue of $1.79 billion during the quarter, compared to the consensus estimate of $1.68 billion. TransDigm Group had a net margin of 20.80% and a negative return on equity of 59.61%. The firm’s quarterly revenue was up 28.1% on a year-over-year basis. During the same period last year, the firm posted $4.15 EPS. Analysts predict that TransDigm Group Incorporated will post 29.08 earnings per share for the current year.

Insider Transactions at TransDigm Group

In related news, Director Michael Graff sold 3,460 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $1,108.17, for a total transaction of $3,834,268.20. Following the transaction, the director now owns 4,879 shares in the company, valued at approximately $5,406,761.43. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other TransDigm Group news, Director Michael Graff sold 3,460 shares of the stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,108.17, for a total value of $3,834,268.20. Following the transaction, the director now directly owns 4,879 shares in the company, valued at approximately $5,406,761.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W Nicholas Howley sold 2,391 shares of TransDigm Group stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,160.55, for a total value of $2,774,875.05. Following the completion of the sale, the director now directly owns 21,549 shares of the company’s stock, valued at $25,008,691.95. The disclosure for this sale can be found here. Insiders have sold 59,087 shares of company stock valued at $69,840,358 in the last three months. 4.96% of the stock is owned by corporate insiders.

TransDigm Group Company 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.