Advisors Asset Management Inc. boosted its stake in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) by 1.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,343 shares of the aerospace company’s stock after buying an additional 66 shares during the period. Advisors Asset Management Inc.’s holdings in Transdigm Group were worth $6,604,000 as of its most recent filing with the SEC.
Other institutional investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC increased its position in shares of Transdigm Group by 152,000.0% during the second quarter. Laurel Wealth Advisors LLC now owns 1,521 shares of the aerospace company’s stock worth $2,313,000 after acquiring an additional 1,520 shares in the last quarter. RiverFront Investment Group LLC acquired a new position in Transdigm Group in the 2nd quarter worth $234,000. Steward Partners Investment Advisory LLC increased its holdings in Transdigm Group by 8.7% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 7,860 shares of the aerospace company’s stock worth $11,952,000 after purchasing an additional 630 shares in the last quarter. Insigneo Advisory Services LLC increased its holdings in Transdigm Group by 21.0% during the 2nd quarter. Insigneo Advisory Services LLC now owns 363 shares of the aerospace company’s stock worth $551,000 after purchasing an additional 63 shares in the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in shares of Transdigm Group in the 2nd quarter valued at about $934,000. Institutional investors own 95.78% of the company’s stock.
Transdigm Group Price Performance
Shares of TDG opened at $1,353.09 on Thursday. The company’s 50-day moving average is $1,306.07 and its 200-day moving average is $1,398.65. The firm has a market capitalization of $76.20 billion, a PE ratio of 44.91, a PEG ratio of 3.25 and a beta of 1.02. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82.
Insider Buying and Selling
In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $1,340.00, for a total value of $5,226,000.00. Following the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,824,000. This represents a 52.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Kevin M. Stein sold 7,191 shares of the stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $1,361.57, for a total value of $9,791,049.87. Following the transaction, the director owned 8,158 shares in the company, valued at $11,107,688.06. The trade was a 46.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 36,086 shares of company stock valued at $47,639,028 in the last ninety days. 4.09% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on TDG. Morgan Stanley upped their price objective on Transdigm Group from $1,600.00 to $1,660.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday. BNP Paribas raised shares of Transdigm Group to a “strong-buy” rating in a research note on Tuesday, November 18th. Susquehanna lowered their price objective on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a report on Thursday, October 9th. Finally, BMO Capital Markets increased their target price on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,576.29.
Check Out Our Latest Analysis on TDG
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.
Recommended Stories
- Five stocks we like better than Transdigm Group
- Business Services Stocks Investing
- Why Gold Loves Trump as Much as Trump Loves Gold
- Trading Stocks: RSI and Why it’s Useful
- Google’s Gemini 3 Sends Broadcom Soaring: TPUs Take Center Stage
- Stock Market Upgrades: What Are They?
- Palantir Isn’t Just Riding the AI Boom—It’s Orchestrating It
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 – Free Report).
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.
