Transdigm Group Incorporated (NYSE:TDG – Get Free Report) Director W Nicholas Howley sold 2,736 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $1,334.92, for a total value of $3,652,341.12. Following the completion of the sale, the director directly owned 21,548 shares of the company’s stock, valued at $28,764,856.16. The trade was a 11.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
W Nicholas Howley also recently made the following trade(s):
- On Wednesday, October 15th, W Nicholas Howley sold 2,736 shares of Transdigm Group stock. The shares were sold at an average price of $1,298.87, for a total transaction of $3,553,708.32.
- On Monday, September 15th, W Nicholas Howley sold 2,736 shares of Transdigm Group stock. The stock was sold at an average price of $1,282.47, for a total transaction of $3,508,837.92.
Transdigm Group Stock Performance
Shares of Transdigm Group stock opened at $1,336.81 on Tuesday. The company has a market capitalization of $75.29 billion, a P/E ratio of 44.37, a PEG ratio of 3.25 and a beta of 1.02. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The company’s fifty day moving average is $1,298.08 and its two-hundred day moving average is $1,401.78.
Transdigm Group Increases Dividend
The business also recently announced a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were paid a $90.00 dividend. This is an increase from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date was Tuesday, September 2nd.
Analysts Set New Price Targets
Several equities research analysts have recently commented on TDG shares. Morgan Stanley upped their price target on Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research note on Friday. KeyCorp cut their price objective on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research report on Friday, August 8th. Truist Financial lowered their target price on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a report on Wednesday, October 15th. Royal Bank Of Canada increased their price target on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. Finally, Jefferies Financial Group reduced their price objective on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a research report on Wednesday, September 17th. Twelve equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,563.88.
Get Our Latest Stock Analysis on Transdigm Group
Institutional Investors Weigh In On Transdigm Group
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Winch Advisory Services LLC boosted its stake in shares of Transdigm Group by 53.8% during the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 7 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in Transdigm Group during the third quarter worth $26,000. Saudi Central Bank purchased a new stake in Transdigm Group during the first quarter worth $30,000. Bank of Jackson Hole Trust grew its holdings in Transdigm Group by 84.6% in the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 11 shares during the last quarter. Finally, Wealth Watch Advisors INC purchased a new position in shares of Transdigm Group in the third quarter valued at $34,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.
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.
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