Ensemble Capital Management buys $20.2 Million stake in TransDigm Group Incorporated (TDG)

TransDigm Group Incorporated (TDG) : Ensemble Capital Management scooped up 1,145 additional shares in TransDigm Group Incorporated during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 81,150 shares of TransDigm Group Incorporated which is valued at $20.2 Million.TransDigm Group Incorporated makes up approximately 6.13% of Ensemble Capital Management’s portfolio.

Other Hedge Funds, Including , Pacer Advisors boosted its stake in TDG in the latest quarter, The investment management firm added 130 additional shares and now holds a total of 928 shares of TransDigm Group Incorporated which is valued at $230,951. TransDigm Group Incorporated makes up approx 0.05% of Pacer Advisors’s portfolio.Eulav Asset Management boosted its stake in TDG in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 19,600 shares of TransDigm Group Incorporated which is valued at $4.9 Million. TransDigm Group Incorporated makes up approx 0.27% of Eulav Asset Management’s portfolio.Fic Capital Inc reduced its stake in TDG by selling 867 shares or 18.56% in the most recent quarter. The Hedge Fund company now holds 3,805 shares of TDG which is valued at $946,950. TransDigm Group Incorporated makes up approx 0.47% of Fic Capital Inc’s portfolio.Blackrock Fund Advisors reduced its stake in TDG by selling 19,782 shares or 3.26% in the most recent quarter. The Hedge Fund company now holds 587,502 shares of TDG which is valued at $146.2 Million. TransDigm Group Incorporated makes up approx 0.03% of Blackrock Fund Advisors’s portfolio.Ibm Retirement Fund reduced its stake in TDG by selling 6,687 shares or 51.59% in the most recent quarter. The Hedge Fund company now holds 6,276 shares of TDG which is valued at $1.6 Million. TransDigm Group Incorporated makes up approx 0.06% of Ibm Retirement Fund’s portfolio.

TransDigm Group Incorporated opened for trading at $254.58 and hit $257.3 on the upside on Wednesday, eventually ending the session at $255.67, with a gain of 0.40% or 1.02 points. The heightened volatility saw the trading volume jump to 5,77,255 shares. Company has a market cap of $13,545 M.

On the company’s financial health, TransDigm Group Incorporated reported $2.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.25 according to the earnings call on May 10, 2016. Analyst had a consensus of $2.61. The company had revenue of $796.80 million for the quarter, compared to analysts expectations of $775.62 million. The company’s revenue was up 28.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.11 EPS.

Many Wall Street Analysts have commented on TransDigm Group Incorporated. Company shares were Reiterated by RBC Capital Mkts on May 11, 2016 to “Outperform”, Firm has raised the Price Target to $ 271 from a previous price target of $253 .TransDigm Group Incorporated was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Apr 13, 2016.

TransDigm Group Incorporated (TransDigm) is a designer producer and supplier of engineered aircraft components for use on commercial and military aircraft. The Company operates through three segments: Power & Control Airframe and Non-aviation. Its Power & Control segment includes operations that primarily develop produce and market systems and components that provide power to or control power of the aircraft utilizing electronic fluid power and mechanical motion control technologies. Its Airframe segment includes operations that primarily develop produce and market systems and components that are used in non-power airframe applications utilizing airframe and cabin structure technologies. Its Non-aviation segment includes operations that primarily develop produce and market products for non-aviation markets. Its product offerings include mechanical/electro-mechanical actuators and controls ignition systems and engine technology and power conditioning devices.

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