Coldstream Capital Management Inc. increased its position in shares of TransDigm Group Incorporated (NYSE:TDG – Free Report) by 11.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 668 shares of the aerospace company’s stock after buying an additional 69 shares during the period. Coldstream Capital Management Inc.’s holdings in TransDigm Group were worth $949,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. First Personal Financial Services acquired a new stake in shares of TransDigm Group in the 3rd quarter valued at $29,000. Erste Asset Management GmbH purchased a new stake in TransDigm Group during the 3rd quarter worth about $29,000. DT Investment Partners LLC boosted its position 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 worth $39,000 after acquiring an additional 11 shares in the last quarter. Meeder Asset Management Inc. increased its holdings in shares of TransDigm Group by 275.0% in the 2nd quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company’s stock valued at $38,000 after acquiring an additional 22 shares during the last quarter. Finally, Hershey Financial Advisers LLC purchased a new stake in TransDigm Group during the second quarter worth approximately $41,000. Institutional investors and hedge funds own 95.78% of the company’s stock.
TransDigm Group Stock Down 0.5 %
NYSE TDG opened at $1,240.52 on Friday. The stock has a market capitalization of $69.75 billion, a P/E ratio of 48.46, a P/E/G ratio of 2.86 and a beta of 1.39. TransDigm Group Incorporated has a 52-week low of $972.08 and a 52-week high of $1,451.32. The firm has a 50-day moving average price of $1,322.76 and a 200 day moving average price of $1,314.15.
TransDigm Group Increases Dividend
Wall Street Analyst Weigh In
TDG has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on shares of TransDigm Group from $1,524.00 to $1,577.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. JPMorgan Chase & Co. boosted their price target on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the company a “neutral” rating in a research report on Monday, October 14th. KeyCorp raised their price objective 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 target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Finally, 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 note on Wednesday. Seven investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. Based on data from MarketBeat, TransDigm Group currently has an average rating of “Moderate Buy” and a consensus target price of $1,465.47.
Get Our Latest Analysis on TransDigm Group
Insider Activity
In other news, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1,375.89, for a total value of $4,127,670.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares in the company, valued at $4,953,204. This trade represents a 45.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $1,376.42, for a total transaction of $7,531,770.24. Following the completion of the sale, the director now owns 21,548 shares in the company, valued at $29,659,098.16. This represents a 20.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 16,944 shares of company stock valued at $23,541,085 in the last three months. 4.96% of the stock is currently owned by company insiders.
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.
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