208 Shares in TransDigm Group Incorporated (NYSE:TDG) Purchased by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC bought a new stake in TransDigm Group Incorporated (NYSE:TDG) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 208 shares of the aerospace company’s stock, valued at approximately $210,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of TDG. Quent Capital LLC boosted its position in TransDigm Group by 8.8% during the fourth quarter. Quent Capital LLC now owns 123 shares of the aerospace company’s stock worth $124,000 after purchasing an additional 10 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA grew its stake in TransDigm Group by 5.9% in the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 180 shares of the aerospace company’s stock valued at $197,000 after buying an additional 10 shares in the last quarter. Venturi Wealth Management LLC raised its holdings in TransDigm Group by 14.5% during the 4th quarter. Venturi Wealth Management LLC now owns 87 shares of the aerospace company’s stock valued at $88,000 after acquiring an additional 11 shares during the period. Alcosta Capital Management Inc. lifted its position in shares of TransDigm Group by 0.3% during the third quarter. Alcosta Capital Management Inc. now owns 3,485 shares of the aerospace company’s stock worth $2,938,000 after acquiring an additional 12 shares in the last quarter. Finally, Valley National Advisers Inc. boosted its holdings in shares of TransDigm Group by 26.1% in the third quarter. Valley National Advisers Inc. now owns 58 shares of the aerospace company’s stock worth $49,000 after acquiring an additional 12 shares during the period. 95.78% of the stock is owned by institutional investors.

TransDigm Group Stock Performance

TDG stock opened at $1,318.86 on Friday. The firm has a market cap of $73.34 billion, a P/E ratio of 55.98, a P/E/G ratio of 2.63 and a beta of 1.40. The firm’s fifty day moving average is $1,222.89 and its 200 day moving average is $1,087.09. TransDigm Group Incorporated has a 52 week low of $768.05 and a 52 week high of $1,330.38.

TransDigm Group (NYSE:TDG) last issued its earnings results on Tuesday, May 7th. The aerospace company reported $7.99 earnings per share for the quarter, beating the consensus estimate of $7.42 by $0.57. The company had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.88 billion. TransDigm Group had a negative return on equity of 59.61% and a net margin of 20.80%. TransDigm Group’s quarterly revenue was up 20.5% compared to the same quarter last year. During the same period in the prior year, the business posted $5.39 EPS. As a group, analysts forecast that TransDigm Group Incorporated will post 29.08 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TDG. Citigroup increased their price target on shares of TransDigm Group from $1,380.00 to $1,395.00 and gave the stock a “buy” rating in a report on Thursday, April 4th. TD Cowen increased their target price on shares of TransDigm Group from $1,300.00 to $1,400.00 and gave the stock a “buy” rating in a research note on Wednesday. Barclays raised 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. UBS Group increased their price objective on TransDigm Group from $1,302.00 to $1,403.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Susquehanna boosted their target price on TransDigm Group from $1,100.00 to $1,200.00 and gave the stock a “neutral” rating in a research report on Wednesday. Six research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,311.81.

Insider Buying and Selling

In related news, Director Michael Graff sold 3,460 shares of the company’s stock in a transaction on 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 completion of the sale, the director now directly owns 4,879 shares in the company, valued at approximately $5,406,761.43. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other TransDigm Group news, Director W Nicholas Howley sold 2,391 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $1,160.55, for a total transaction of $2,774,875.05. Following the transaction, the director now directly owns 21,549 shares of the company’s stock, valued at approximately $25,008,691.95. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Michael Graff sold 3,460 shares of the company’s stock in a transaction on Tuesday, February 13th. The stock was sold at an average price of $1,108.17, for a total transaction of $3,834,268.20. Following the completion of the transaction, the director now owns 4,879 shares of the company’s stock, valued at $5,406,761.43. The disclosure for this sale can be found here. Over the last three months, insiders have bought 11 shares of company stock valued at $5,950 and have sold 59,088 shares valued at $69,841,110. 4.96% of the stock is owned by 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.