Colony Group LLC trimmed its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 3.1% during the second quarter, HoldingsChannel reports. The firm owned 7,683 shares of the aerospace company’s stock after selling 244 shares during the quarter. Colony Group LLC’s holdings in TransDigm Group were worth $2,652,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in TDG. FMR LLC increased its position in shares of TransDigm Group by 36.4% during the second quarter. FMR LLC now owns 1,413,320 shares of the aerospace company’s stock worth $487,794,000 after acquiring an additional 376,984 shares during the period. Summit Trail Advisors LLC increased its position in shares of TransDigm Group by 32,841.0% during the first quarter. Summit Trail Advisors LLC now owns 264,846 shares of the aerospace company’s stock worth $265,000 after acquiring an additional 264,042 shares during the period. Tremblant Capital Group increased its position in shares of TransDigm Group by 61.1% during the first quarter. Tremblant Capital Group now owns 241,747 shares of the aerospace company’s stock worth $74,202,000 after acquiring an additional 91,661 shares during the period. First Trust Advisors LP increased its position in shares of TransDigm Group by 523.4% during the second quarter. First Trust Advisors LP now owns 99,641 shares of the aerospace company’s stock worth $34,390,000 after acquiring an additional 83,658 shares during the period. Finally, BlackRock Inc. increased its position in shares of TransDigm Group by 1.4% during the first quarter. BlackRock Inc. now owns 4,215,592 shares of the aerospace company’s stock worth $1,293,935,000 after acquiring an additional 58,970 shares during the period.

NYSE:TDG opened at $358.36 on Friday. The firm has a market capitalization of $18.79 billion, a P/E ratio of 29.84, a price-to-earnings-growth ratio of 1.86 and a beta of 0.76. The company has a debt-to-equity ratio of -5.96, a quick ratio of 3.15 and a current ratio of 4.14. TransDigm Group Incorporated has a 12 month low of $252.01 and a 12 month high of $377.67.

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

In other TransDigm Group news, EVP Roger Jones sold 5,000 shares of the company’s stock in a transaction on Monday, June 18th. The shares were sold at an average price of $339.16, for a total value of $1,695,800.00. Following the completion of the transaction, the executive vice president now owns 9,000 shares in the company, valued at $3,052,440. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Raymond F. Laubenthal sold 11,900 shares of the company’s stock in a transaction on Monday, July 16th. The shares were sold at an average price of $361.06, for a total transaction of $4,296,614.00. Following the completion of the transaction, the director now owns 25,112 shares of the company’s stock, valued at approximately $9,066,938.72. The disclosure for this sale can be found here. Insiders sold 38,800 shares of company stock worth $13,711,227 in the last three months. 10.52% of the stock is currently owned by corporate insiders.

TDG has been the topic of a number of recent research reports. ValuEngine lowered TransDigm Group from a “buy” rating to a “hold” rating in a research report on Thursday, May 17th. Canaccord Genuity upped their price objective on TransDigm Group from $350.00 to $375.00 and gave the stock a “positive” rating in a research report on Friday, June 29th. Credit Suisse Group upped their price objective on TransDigm Group from $350.00 to $400.00 and gave the stock an “outperform” rating in a research report on Friday, June 29th. Jefferies Financial Group upped their price objective on TransDigm Group from $323.00 to $350.00 and gave the stock a “hold” rating in a research report on Friday, June 29th. Finally, Zacks Investment Research lowered TransDigm Group from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 3rd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the stock. TransDigm Group has a consensus rating of “Buy” and an average price target of $365.00.

TransDigm Group 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.

Read More: How Do Tariffs Affect Trade Balances?

Want to see what other hedge funds are holding TDG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TransDigm Group Incorporated (NYSE:TDG).

Institutional Ownership by Quarter for TransDigm Group (NYSE:TDG)

Receive News & Ratings for TransDigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransDigm Group and related companies with MarketBeat.com's FREE daily email newsletter.