TransDigm Group Incorporated (NYSE:TDG) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC boosted its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 6.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,068 shares of the aerospace company’s stock after buying an additional 61 shares during the period. Orion Portfolio Solutions LLC’s holdings in TransDigm Group were worth $1,524,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Windacre Partnership LLC increased its holdings in shares of TransDigm Group by 42.7% in the 3rd quarter. Windacre Partnership LLC now owns 728,000 shares of the aerospace company’s stock valued at $1,038,951,000 after acquiring an additional 217,700 shares during the period. Darsana Capital Partners LP purchased a new position in TransDigm Group during the 2nd quarter worth $210,806,000. International Assets Investment Management LLC increased its stake in TransDigm Group by 108,517.8% in the third quarter. International Assets Investment Management LLC now owns 48,878 shares of the aerospace company’s stock valued at $69,755,000 after purchasing an additional 48,833 shares during the period. Point72 Asset Management L.P. raised its holdings in shares of TransDigm Group by 2,868.8% in the second quarter. Point72 Asset Management L.P. now owns 47,069 shares of the aerospace company’s stock valued at $60,136,000 after buying an additional 48,769 shares during the last quarter. Finally, FMR LLC boosted its stake in shares of TransDigm Group by 2.3% during the third quarter. FMR LLC now owns 1,920,181 shares of the aerospace company’s stock worth $2,740,348,000 after buying an additional 43,604 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

TransDigm Group Stock Performance

Shares of TDG stock opened at $1,259.12 on Friday. The stock has a fifty day moving average price of $1,317.27 and a 200 day moving average price of $1,313.01. The stock has a market cap of $70.80 billion, a PE ratio of 49.18, a P/E/G ratio of 2.86 and a beta of 1.39. TransDigm Group Incorporated has a 1 year low of $972.08 and a 1 year high of $1,451.32.

TransDigm Group Increases Dividend

The company also recently declared a special dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, October 4th were paid a dividend of $75.00 per share. The ex-dividend date of this dividend was Friday, October 4th. This is an increase from TransDigm Group’s previous special dividend of $32.50.

Analyst Ratings Changes

TDG has been the topic of several recent research reports. Wells Fargo & Company dropped their price target on TransDigm Group from $1,500.00 to $1,375.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Deutsche Bank Aktiengesellschaft boosted their target price on TransDigm Group from $1,524.00 to $1,577.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. KeyCorp increased their price target on TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Citigroup boosted their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. Finally, StockNews.com cut shares of TransDigm Group from a “buy” rating to a “hold” rating in a research note on Friday, December 6th. Seven analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, TransDigm Group presently has a consensus rating of “Moderate Buy” and an average target price of $1,465.47.

Insider Buying and Selling

In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $1,376.42, for a total value of $7,531,770.24. Following the sale, the director now owns 21,548 shares of the company’s stock, valued at $29,659,098.16. This represents a 20.25 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,953,204. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,944 shares of company stock worth $23,541,085 in the last three months. Corporate insiders own 4.96% of the company’s stock.

TransDigm Group 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.