TransDigm Group Incorporated (NYSE:TDG) Stock Holdings Lifted by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC raised its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 3.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 618 shares of the aerospace company’s stock after purchasing an additional 19 shares during the period. Verdence Capital Advisors LLC’s holdings in TransDigm Group were worth $881,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TDG. Fortitude Family Office LLC raised its position in TransDigm Group by 283.3% during the second quarter. Fortitude Family Office LLC now owns 23 shares of the aerospace company’s stock valued at $29,000 after acquiring an additional 17 shares in the last quarter. Meeder Asset Management Inc. increased its stake in shares of TransDigm Group by 275.0% during the 2nd quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company’s stock worth $38,000 after purchasing an additional 22 shares during the last quarter. DT Investment Partners LLC raised its holdings in shares of TransDigm Group by 68.8% during the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after purchasing an additional 11 shares in the last quarter. Hershey Financial Advisers LLC acquired a new stake in shares of TransDigm Group in the 2nd quarter valued at $41,000. Finally, Crewe Advisors LLC acquired a new position in TransDigm Group during the first quarter worth $46,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. KeyCorp boosted their price target on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Jefferies Financial Group lowered their price target on TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating on the stock in a report on Tuesday, August 13th. Northcoast Research assumed coverage on shares of TransDigm Group in a research note on Thursday, August 1st. They issued a “neutral” rating for the company. Morgan Stanley raised their target price on shares of TransDigm Group from $1,550.00 to $1,575.00 and gave the company an “overweight” rating in a research note on Wednesday, August 7th. Finally, Citigroup cut their target price on shares of TransDigm Group from $1,648.00 to $1,563.00 and set a “buy” rating for the company in a research report on Wednesday, November 6th. Eight 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.com, TransDigm Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,461.82.

TransDigm Group Trading Up 1.6 %

Shares of NYSE:TDG opened at $1,350.98 on Monday. The firm has a market capitalization of $75.80 billion, a PE ratio of 52.77, a PEG ratio of 1.83 and a beta of 1.43. TransDigm Group Incorporated has a 1-year low of $935.84 and a 1-year high of $1,451.32. The business’s 50 day moving average is $1,368.14 and its 200-day moving average is $1,316.66.

TransDigm Group Increases Dividend

The firm also recently declared a special dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, October 4th were issued a $75.00 dividend. The ex-dividend date was Friday, October 4th. This is a positive change from TransDigm Group’s previous special dividend of $32.50.

Insider Activity

In related news, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $1,375.89, for a total value of $4,127,670.00. Following the sale, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,953,204. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total value of $7,676,395.20. Following the sale, the director now owns 21,548 shares in the company, valued at approximately $30,228,611.80. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $1,375.89, for a total transaction of $4,127,670.00. Following the sale, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,953,204. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,944 shares of company stock worth $23,541,085. 4.96% of the stock is currently owned by corporate 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.