TransDigm Group Incorporated (NYSE:TDG) Shares Acquired by First Bank & Trust

First Bank & Trust increased its stake in TransDigm Group Incorporated (NYSE:TDG) by 60.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,039 shares of the aerospace company’s stock after purchasing an additional 390 shares during the quarter. First Bank & Trust’s holdings in TransDigm Group were worth $1,483,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in TransDigm Group by 17.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,898 shares of the aerospace company’s stock valued at $4,980,000 after acquiring an additional 567 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in TransDigm Group by 26.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,826 shares of the aerospace company’s stock valued at $4,888,000 after acquiring an additional 789 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in TransDigm Group by 0.9% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 131,149 shares of the aerospace company’s stock valued at $161,523,000 after acquiring an additional 1,142 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in TransDigm Group by 35.7% in the 1st quarter. BNP Paribas Financial Markets now owns 70,881 shares of the aerospace company’s stock valued at $87,297,000 after acquiring an additional 18,655 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its holdings in TransDigm Group by 4.4% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,322 shares of the aerospace company’s stock valued at $23,781,000 after acquiring an additional 819 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Jefferies Financial Group reduced their price objective on shares of TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. Susquehanna upped their price objective on shares of TransDigm Group from $1,200.00 to $1,250.00 and gave the company a “neutral” rating in a research note on Wednesday, August 7th. UBS Group reduced their price objective on shares of TransDigm Group from $1,466.00 to $1,423.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. StockNews.com lowered shares of TransDigm Group from a “buy” rating to a “hold” rating in a research note on Monday, August 5th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $1,500.00 target price on shares of TransDigm Group in a report on Wednesday, August 7th. Eight analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,451.94.

Insider Buying and Selling

In related news, CEO Kevin M. Stein sold 10,000 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $1,228.24, for a total value of $12,282,400.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at $10,019,981.92. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Kevin M. Stein sold 10,000 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $1,228.24, for a total value of $12,282,400.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at $10,019,981.92. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the 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 transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,953,204. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 26,944 shares of company stock valued at $35,823,485 over the last ninety days. 4.96% of the stock is owned by company insiders.

TransDigm Group Trading Up 0.7 %

TransDigm Group stock traded up $9.27 during trading hours on Friday, reaching $1,354.83. 133,470 shares of the company were exchanged, compared to its average volume of 214,949. TransDigm Group Incorporated has a 12 month low of $811.42 and a 12 month high of $1,451.32. The firm has a market cap of $75.81 billion, a price-to-earnings ratio of 53.74, a PEG ratio of 1.84 and a beta of 1.43. The stock has a 50-day moving average of $1,366.86 and a 200 day moving average of $1,307.95.

TransDigm Group (NYSE:TDG) last posted its quarterly earnings data on Tuesday, August 6th. The aerospace company reported $9.00 earnings per share for the quarter, beating the consensus estimate of $7.77 by $1.23. TransDigm Group had a negative return on equity of 66.70% and a net margin of 21.83%. The company had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period in the prior year, the business earned $6.55 earnings per share. TransDigm Group’s revenue for the quarter was up 17.3% compared to the same quarter last year. As a group, research analysts forecast that TransDigm Group Incorporated will post 30.71 EPS for the current year.

TransDigm Group Increases Dividend

The firm also recently disclosed a special dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, October 4th were given a $75.00 dividend. This is a boost from TransDigm Group’s previous special dividend of $32.50. The ex-dividend date was Friday, October 4th.

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.