Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 8.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,926 shares of the aerospace company’s stock after acquiring an additional 293 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Transdigm Group were worth $1,004,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of TDG. Northwestern Mutual Wealth Management Co. increased its position in shares of Transdigm Group by 3.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 382 shares of the aerospace company’s stock valued at $103,000 after purchasing an additional 14 shares during the last quarter. Korea Investment CORP increased its position in shares of Transdigm Group by 142.6% during the 2nd quarter. Korea Investment CORP now owns 495 shares of the aerospace company’s stock valued at $133,000 after purchasing an additional 291 shares during the last quarter. HighTower Advisors LLC purchased a new stake in shares of Transdigm Group during the 2nd quarter valued at about $201,000. Laurion Capital Management LP purchased a new stake in shares of Transdigm Group during the 2nd quarter valued at about $205,000. Finally, Trexquant Investment LP purchased a new stake in shares of Transdigm Group during the 3rd quarter valued at about $209,000.

Transdigm Group Incorporated (TDG) traded down $3.06 during trading on Wednesday, reaching $271.95. 374,000 shares of the company traded hands, compared to its average volume of 794,271. The stock has a market cap of $14,289.44, a price-to-earnings ratio of 23.09, a price-to-earnings-growth ratio of 2.32 and a beta of 0.50. Transdigm Group Incorporated has a one year low of $203.72 and a one year high of $295.00. The company has a quick ratio of 1.61, a current ratio of 2.45 and a debt-to-equity ratio of -3.86.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Thursday, November 9th. The aerospace company reported $3.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.18 by $0.30. Transdigm Group had a net margin of 12.44% and a negative return on equity of 30.13%. The business had revenue of $923.89 million during the quarter, compared to analyst estimates of $959.77 million. During the same period last year, the firm posted $3.29 EPS. The company’s revenue was up 5.6% on a year-over-year basis. analysts predict that Transdigm Group Incorporated will post 12.69 EPS for the current fiscal year.

In other Transdigm Group news, CEO W Nicholas Howley sold 63,776 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $268.60, for a total transaction of $17,130,233.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael Graff sold 1,872 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $278.92, for a total transaction of $522,138.24. Following the sale, the director now directly owns 9,482 shares of the company’s stock, valued at $2,644,719.44. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 98,648 shares of company stock valued at $26,299,932. Insiders own 10.52% of the company’s stock.

Several equities research analysts have recently commented on TDG shares. Cowen reaffirmed a “market perform” rating and set a $290.00 price target (up previously from $219.00) on shares of Transdigm Group in a research report on Thursday, August 10th. Canaccord Genuity reissued a “buy” rating and issued a $330.00 target price on shares of Transdigm Group in a report on Friday, September 15th. Jefferies Group lowered shares of Transdigm Group from a “buy” rating to a “hold” rating and reduced their target price for the stock from $322.00 to $280.00 in a report on Wednesday, September 20th. Zacks Investment Research raised shares of Transdigm Group from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. Finally, Vertical Research reissued a “buy” rating and issued a $316.00 target price (up from $280.00) on shares of Transdigm Group in a report on Thursday, August 10th. One analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Transdigm Group has a consensus rating of “Buy” and an average price target of $296.87.

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Transdigm Group Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components for use on commercial and military aircraft in service. The Company operates through three segments: Power & Control, Airframe and Non-aviation. The 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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Institutional Ownership by Quarter for Transdigm Group (NYSE:TDG)

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