Hudson Way Capital Management LLC Purchases 10,025 Shares of TransDigm Group Incorporated (NYSE:TDG)

Hudson Way Capital Management LLC boosted its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 21.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 56,465 shares of the aerospace company’s stock after purchasing an additional 10,025 shares during the period. TransDigm Group comprises approximately 8.1% of Hudson Way Capital Management LLC’s investment portfolio, making the stock its 4th biggest position. Hudson Way Capital Management LLC’s holdings in TransDigm Group were worth $71,557,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in TDG. Capital Advisors Ltd. LLC lifted its position in shares of TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after buying an additional 16 shares during the last quarter. Trust Co. of Vermont lifted its holdings in TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 15 shares during the last quarter. Meeder Asset Management Inc. boosted its position in TransDigm Group by 210.0% during the fourth quarter. Meeder Asset Management Inc. now owns 31 shares of the aerospace company’s stock worth $39,000 after purchasing an additional 21 shares during the period. Sachetta LLC grew its holdings in TransDigm Group by 105.9% during the fourth quarter. Sachetta LLC now owns 35 shares of the aerospace company’s stock valued at $44,000 after purchasing an additional 18 shares during the last quarter. Finally, CENTRAL TRUST Co raised its position in shares of TransDigm Group by 280.0% in the fourth quarter. CENTRAL TRUST Co now owns 57 shares of the aerospace company’s stock valued at $72,000 after purchasing an additional 42 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at TransDigm Group

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $1,315.93, for a total value of $7,200,768.96. Following the completion of the transaction, the director now directly owns 21,548 shares of the company’s stock, valued at approximately $28,355,659.64. The trade was a 20.25 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kevin M. Stein sold 20,000 shares of the firm’s stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $1,354.08, for a total value of $27,081,600.00. Following the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at approximately $11,046,584.64. This represents a 71.03 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 174,135 shares of company stock valued at $240,122,586. Corporate insiders own 4.09% of the company’s stock.

TransDigm Group Stock Performance

Shares of TransDigm Group stock opened at $1,372.20 on Friday. TransDigm Group Incorporated has a 52 week low of $1,176.31 and a 52 week high of $1,488.54. The stock has a market capitalization of $77.07 billion, a price-to-earnings ratio of 48.40, a PEG ratio of 2.76 and a beta of 1.09. The firm has a fifty day moving average of $1,353.73 and a two-hundred day moving average of $1,321.68.

TransDigm Group (NYSE:TDG) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.83 by $0.28. The firm had revenue of $2.15 billion for the quarter, compared to analysts’ expectations of $2.17 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The company’s revenue was up 12.0% compared to the same quarter last year. During the same quarter last year, the business earned $7.99 earnings per share. As a group, research analysts forecast that TransDigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on TDG. Northcoast Research raised shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,500.00 price objective for the company in a report on Wednesday, April 9th. Truist Financial lowered their price target on TransDigm Group from $1,534.00 to $1,490.00 and set a “buy” rating on the stock in a research report on Thursday, April 17th. StockNews.com lowered TransDigm Group from a “buy” rating to a “hold” rating in a research note on Friday. Susquehanna increased their target price on TransDigm Group from $1,250.00 to $1,300.00 and gave the company a “neutral” rating in a research note on Wednesday, April 2nd. Finally, UBS Group lifted their price target on TransDigm Group from $1,451.00 to $1,645.00 and gave the stock a “buy” rating in a research report on Wednesday. Six investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,490.20.

About TransDigm Group

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.