Breaking: TransDigm Group (NYSE:TDG) Outperform Rating Reconfirmed by Credit Suisse Today; The Price Target Given is $408

August 9, 2018 - By Jack Shaw

TransDigm Group Incorporated (NYSE:TDG) Logo

Investors sentiment increased to 1.09 in 2018 Q1. Its up 0.09, from 1 in 2017Q4. It is positive, as 21 investors sold TransDigm Group Incorporated shares while 131 reduced holdings. 51 funds opened positions while 115 raised stakes. 54.59 million shares or 2.44% less from 55.96 million shares in 2017Q4 were reported.

Aravt invested in 448,000 shares or 14.18% of the stock. Federated Investors Inc Pa reported 842 shares. Art Advsr Limited Liability holds 0.04% or 2,900 shares in its portfolio. Cap Ww holds 0.37% or 5.35M shares. Evercore Wealth Ltd Liability Co accumulated 1,070 shares or 0.01% of the stock. Smith Salley Associates invested 0.8% in TransDigm Group Incorporated (NYSE:TDG). Los Angeles Capital Management & Equity Rech has 0% invested in TransDigm Group Incorporated (NYSE:TDG). Waddell Reed Fincl reported 0.09% of its portfolio in TransDigm Group Incorporated (NYSE:TDG). Fifth Third Savings Bank owns 451 shares or 0% of their US portfolio. Guardian Life Insur Com Of America holds 111 shares. Apg Asset Mgmt Nv stated it has 277,529 shares or 0.13% of all its holdings. Brown Advisory Secs Limited Liability Corp holds 0.12% of its portfolio in TransDigm Group Incorporated (NYSE:TDG) for 2,083 shares. Liberty Mutual Group Asset Mgmt holds 1,924 shares. Capital International Sarl holds 0.81% or 27,450 shares in its portfolio. Weitz Mgmt Incorporated reported 0.4% in TransDigm Group Incorporated (NYSE:TDG).

Since February 15, 2018, it had 1 insider purchase, and 18 sales for $51.16 million activity. On Friday, June 15 the insider Laubenthal Raymond F sold $4.06M. Henderson Robert S had sold 10,000 shares worth $3.11M. Jones Roger sold 5,000 shares worth $1.70M. $4.75 million worth of stock was sold by Peacock Douglas W on Friday, February 16. Reiss Joel sold $1.73M worth of stock or 5,400 shares. The insider Valladares Jorge sold 3,250 shares worth $997,184.

TransDigm Group (NYSE:TDG) Rating Reaffirmed

In an analyst report sent to investors this morning, Credit Suisse reconfirmed their Outperform rating on TransDigm Group (NYSE:TDG) shares. The target price per share indicates a possible upside of 13.09 % from company’s last stock close price.

TransDigm Group Incorporated (NYSE:TDG) Ratings Coverage

Among 9 analysts covering TransDigm Group (NYSE:TDG), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. TransDigm Group has $408 highest and $306 lowest target. $372.57’s average target is 3.27% above currents $360.79 stock price. TransDigm Group had 15 analyst reports since February 23, 2018 according to SRatingsIntel. Credit Suisse downgraded it to “Hold” rating and $33700 target in Monday, April 16 report. RBC Capital Markets maintained the shares of TDG in report on Friday, April 6 with “Buy” rating. Credit Suisse maintained it with “Outperform” rating and $400 target in Friday, June 29 report. Stephens upgraded TransDigm Group Incorporated (NYSE:TDG) on Thursday, February 22 to “Hold” rating. The rating was maintained by Jefferies on Friday, June 29 with “Hold”. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, July 12. The firm earned “Outperform” rating on Wednesday, July 11 by Cowen & Co. The stock has “Outperform” rating by Credit Suisse on Wednesday, August 8. The stock of TransDigm Group Incorporated (NYSE:TDG) earned “Equal-Weight” rating by Morgan Stanley on Thursday, April 12. The firm has “Buy” rating given on Monday, April 30 by Canaccord Genuity.

The stock increased 0.92% or $3.29 during the last trading session, reaching $360.79. About 236,565 shares traded. TransDigm Group Incorporated (NYSE:TDG) has risen 35.93% since August 9, 2017 and is uptrending. It has outperformed by 23.36% the S&P500.

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States. The company has market cap of $18.92 billion. The companyÂ’s Power & Control segment provides 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. It has a 27.9 P/E ratio. This segment serves engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots.

More notable recent TransDigm Group Incorporated (NYSE:TDG) news were published by: Seekingalpha.com which released: “TransDigm acquires Skandia Inc. for $84M” on July 13, 2018, also Benzinga.com with their article: “Earnings Scheduled For August 7, 2018” published on August 07, 2018, Crainscleveland.com published: “TransDigm Group names new CFO” on July 31, 2018. More interesting news about TransDigm Group Incorporated (NYSE:TDG) were released by: Streetinsider.com and their article: “UPDATE: TransDigm Group (TDG) Reports Acquisition of Skandia Inc. from Graycliff Partners LP for $84M” published on July 23, 2018 as well as Seekingalpha.com‘s news article titled: “TransDigm Group (TDG) Q3 2018 Results – Earnings Call Transcript” with publication date: August 07, 2018.

TransDigm Group Incorporated (NYSE:TDG) Institutional Positions Chart

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