TransDigm Group Incorporated (NYSE:TDG) Stock Position Raised by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC lifted its position in TransDigm Group Incorporated (NYSE:TDG) by 2.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 478 shares of the aerospace company’s stock after buying an additional 10 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in TransDigm Group were worth $606,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Souders Financial Advisors grew its holdings in shares of TransDigm Group by 1.0% during the 3rd quarter. Souders Financial Advisors now owns 797 shares of the aerospace company’s stock worth $1,137,000 after purchasing an additional 8 shares in the last quarter. Prosperity Financial Group Inc. boosted its stake in TransDigm Group by 3.6% during the third quarter. Prosperity Financial Group Inc. now owns 230 shares of the aerospace company’s stock worth $328,000 after buying an additional 8 shares in the last quarter. DT Investment Partners LLC boosted its stake in TransDigm Group by 68.8% during the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock worth $39,000 after buying an additional 11 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of TransDigm Group by 0.6% in the 3rd quarter. Wellington Management Group LLP now owns 1,913 shares of the aerospace company’s stock valued at $2,730,000 after buying an additional 11 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of TransDigm Group by 7.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 171 shares of the aerospace company’s stock worth $221,000 after acquiring an additional 12 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Ratings Changes

TDG has been the topic of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of 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, December 11th. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and lowered their price objective for the company from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Barclays restated an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a research report on Monday, January 6th. JPMorgan Chase & Co. upped their price target on 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. Finally, StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Eight equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,455.00.

TransDigm Group Price Performance

TDG stock opened at $1,340.40 on Friday. The stock has a market capitalization of $75.37 billion, a PE ratio of 52.36, a price-to-earnings-growth ratio of 2.84 and a beta of 1.38. The company has a 50 day moving average price of $1,277.54 and a 200 day moving average price of $1,306.88. TransDigm Group Incorporated has a fifty-two week low of $1,032.43 and a fifty-two week high of $1,451.32.

Insider Transactions at TransDigm Group

In other news, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction that occurred on Monday, January 13th. The shares were sold at an average price of $1,267.21, for a total transaction of $25,344,200.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares in the company, valued at $10,337,899.18. The trade was a 71.03 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert J. Small sold 38,053 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the completion of the transaction, the director now owns 567,323 shares in the company, valued at $708,461,615.94. This represents a 6.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 86,525 shares of company stock worth $108,692,621 over the last 90 days. 4.96% of the stock is owned by 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.