Will TransDigm Group Incorporated (TDG) Run Out of Steam Soon?

July 13, 2018 - By Richard Doty

TransDigm Group Incorporated (NYSE:TDG) Logo

Investors sentiment increased to 1.09 in 2018 Q1. Its up 0.09, from 1 in 2017Q4. It improved, 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.
20,178 are held by American International. Jennison Assocs Lc holds 2,167 shares. Oregon Public Employees Retirement Fund owns 5,258 shares. Caisse De Depot Et Placement Du Quebec invested in 0% or 2,360 shares. State Street Corp has 2.12 million shares for 0.06% of their portfolio. State Of Wisconsin Invest Board stated it has 0.04% in TransDigm Group Incorporated (NYSE:TDG). Jane Street Ltd reported 0.01% of its portfolio in TransDigm Group Incorporated (NYSE:TDG). 1,769 were reported by Sequoia Financial Advsr Lc. 457 were reported by Northwestern Mutual Wealth Mngmt Co. Aperio Grp Inc Limited Liability Corporation has invested 0.04% of its portfolio in TransDigm Group Incorporated (NYSE:TDG). Cap Interest Sarl invested in 27,450 shares or 0.81% of the stock. 4,344 were reported by Commonwealth Of Pennsylvania School Empls Retrmt. Moreover, Andra Ap has 0.1% invested in TransDigm Group Incorporated (NYSE:TDG). Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.03% in TransDigm Group Incorporated (NYSE:TDG). Citadel Llc accumulated 0% or 17,064 shares.

Since January 16, 2018, it had 1 buying transaction, and 20 insider sales for $56.16 million activity. On Tuesday, January 16 the insider Laubenthal Raymond F sold $3.52M. Another trade for 9,750 shares valued at $3.12M was sold by Valladares Jorge. Howley W Nicholas also sold $2.80M worth of TransDigm Group Incorporated (NYSE:TDG) on Wednesday, March 14. 5,000 shares valued at $1.61 million were sold by Jones Roger on Tuesday, April 17. Shares for $4.75M were sold by Peacock Douglas W on Friday, February 16. Stein Kevin M had bought 1,347 shares worth $399,774 on Thursday, February 22.

The stock of TransDigm Group Incorporated (NYSE:TDG) hit a new 52-week high and has $393.88 target or 9.00 % above today’s $361.36 share price. The 5 months bullish chart indicates low risk for the $18.95B company. The 1-year high was reported on Jul, 13 by Barchart.com. If the $393.88 price target is reached, the company will be worth $1.71 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.44% or $5.13 during the last trading session, reaching $361.36. About 147,838 shares traded. TransDigm Group Incorporated (NYSE:TDG) has risen 35.93% since July 13, 2017 and is uptrending. It has outperformed by 23.36% the S&P500.

Analysts await TransDigm Group Incorporated (NYSE:TDG) to report earnings on August, 14. They expect $4.01 EPS, up 25.31 % or $0.81 from last year’s $3.2 per share. TDG’s profit will be $210.25M for 22.53 P/E if the $4.01 EPS becomes a reality. After $3.63 actual EPS reported by TransDigm Group Incorporated for the previous quarter, Wall Street now forecasts 10.47 % EPS growth.

TransDigm Group Incorporated (NYSE:TDG) Ratings Coverage

Among 11 analysts covering Transdigm Group Inc (NYSE:TDG), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Transdigm Group Inc has $400 highest and $290 lowest target. $363’s average target is 0.45% above currents $361.36 stock price. Transdigm Group Inc had 25 analyst reports since January 19, 2018 according to SRatingsIntel. Bank of America maintained TransDigm Group Incorporated (NYSE:TDG) on Thursday, February 8 with “Buy” rating. Robert W. Baird maintained TransDigm Group Incorporated (NYSE:TDG) rating on Tuesday, June 19. Robert W. Baird has “Buy” rating and $36500 target. The company was maintained on Wednesday, February 7 by Robert W. Baird. The firm has “Hold” rating by Jefferies given on Wednesday, February 7. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, July 12. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, April 12. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, February 6 report. The firm has “Buy” rating by RBC Capital Markets given on Friday, April 6. The stock has “Buy” rating by Credit Suisse on Wednesday, February 7. The stock of TransDigm Group Incorporated (NYSE:TDG) earned “Buy” rating by Canaccord Genuity on Monday, April 30.

More important recent TransDigm Group Incorporated (NYSE:TDG) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For July 11, 2018” on July 11, 2018, also Seekingalpha.com published article titled: “TransDigm Group (TDG) Investor Presentation – Slideshow”, Investorplace.com published: “The 20 Stocks From Goldman Sachs’ Buy List That You Should Actually Consider” on July 11, 2018. More interesting news about TransDigm Group Incorporated (NYSE:TDG) was released by: Seekingalpha.com and their article: “TransDigm acquires Skandia Inc. for $84M” with publication date: July 13, 2018.

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States. The company has market cap of $18.95 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 27.94 P/E ratio. This segment serves engine and power system and subsystem suppliers, airlines, third party maintenance suppliers, military buying agencies, and repair depots.

TransDigm Group Incorporated (NYSE:TDG) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.