United Services Automobile Association increased its holdings in shares of TransDigm Group Incorporated (NYSE:TDG) by 3.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,568 shares of the aerospace company’s stock after purchasing an additional 472 shares during the quarter. United Services Automobile Association’s holdings in TransDigm Group were worth $5,373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Principal Financial Group Inc. lifted its holdings in shares of TransDigm Group by 0.7% during the first quarter. Principal Financial Group Inc. now owns 2,830,439 shares of the aerospace company’s stock valued at $868,776,000 after purchasing an additional 21,036 shares in the last quarter. FMR LLC increased its position in TransDigm Group by 36.4% during the second quarter. FMR LLC now owns 1,413,320 shares of the aerospace company’s stock valued at $487,794,000 after acquiring an additional 376,984 shares during the last quarter. Mainstay Capital Management LLC ADV increased its position in TransDigm Group by 25,276.7% during the second quarter. Mainstay Capital Management LLC ADV now owns 840,475 shares of the aerospace company’s stock valued at $2,692,000 after acquiring an additional 837,163 shares during the last quarter. Meritage Group LP increased its position in TransDigm Group by 0.6% during the second quarter. Meritage Group LP now owns 541,540 shares of the aerospace company’s stock valued at $186,907,000 after acquiring an additional 3,002 shares during the last quarter. Finally, Wells Fargo & Company MN increased its position in TransDigm Group by 0.8% during the second quarter. Wells Fargo & Company MN now owns 283,844 shares of the aerospace company’s stock valued at $97,965,000 after acquiring an additional 2,273 shares during the last quarter.

Shares of TDG opened at $323.39 on Friday. The company has a debt-to-equity ratio of -5.96, a current ratio of 4.14 and a quick ratio of 3.15. The stock has a market capitalization of $19.59 billion, a price-to-earnings ratio of 26.93, a P/E/G ratio of 1.94 and a beta of 0.77. TransDigm Group Incorporated has a 52 week low of $260.83 and a 52 week high of $377.67.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, August 7th. The aerospace company reported $4.01 EPS for the quarter, missing analysts’ consensus estimates of $4.07 by ($0.06). The company had revenue of $980.70 million during the quarter, compared to analysts’ expectations of $995.06 million. TransDigm Group had a negative return on equity of 29.79% and a net margin of 20.68%. The business’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.30 EPS. As a group, research analysts anticipate that TransDigm Group Incorporated will post 16.85 earnings per share for the current fiscal year.

A number of analysts recently commented on TDG shares. Berenberg Bank started coverage on TransDigm Group in a research report on Friday, September 28th. They set a “buy” rating and a $420.00 price objective for the company. UBS Group started coverage on TransDigm Group in a research report on Wednesday, August 15th. They set a “buy” rating and a $430.00 price objective for the company. ValuEngine upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research report on Thursday, June 21st. Cowen reiterated a “buy” rating on shares of TransDigm Group in a research report on Tuesday, August 7th. Finally, SunTrust Banks upped their price objective on TransDigm Group to $436.00 and gave the company a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the company’s stock. TransDigm Group has an average rating of “Buy” and a consensus target price of $378.40.

In other TransDigm Group news, Director Raymond F. Laubenthal sold 11,900 shares of the company’s stock in a transaction dated Monday, September 17th. The stock was sold at an average price of $369.11, for a total value of $4,392,409.00. Following the completion of the sale, the director now owns 25,112 shares in the company, valued at $9,269,090.32. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider James Skulina sold 10,000 shares of the company’s stock in a transaction dated Monday, September 10th. The stock was sold at an average price of $355.06, for a total value of $3,550,600.00. Following the completion of the sale, the insider now owns 14,000 shares of the company’s stock, valued at approximately $4,970,840. The disclosure for this sale can be found here. In the last 90 days, insiders sold 45,700 shares of company stock valued at $16,407,836. Company insiders own 11.45% of the company’s stock.

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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