Souders Financial Advisors Has $1.14 Million Holdings in TransDigm Group Incorporated (NYSE:TDG)

Souders Financial Advisors raised its stake in shares of TransDigm Group Incorporated (NYSE:TDG) by 1.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 797 shares of the aerospace company’s stock after buying an additional 8 shares during the period. Souders Financial Advisors’ holdings in TransDigm Group were worth $1,137,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in 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 worth $4,980,000 after purchasing an additional 567 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of TransDigm Group by 26.0% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,826 shares of the aerospace company’s stock worth $4,888,000 after buying an additional 789 shares during the period. CANADA LIFE ASSURANCE Co boosted its holdings in shares of TransDigm Group by 4.4% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,322 shares of the aerospace company’s stock worth $23,781,000 after buying an additional 819 shares during the period. O Shaughnessy Asset Management LLC grew its stake in TransDigm Group by 19.3% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,798 shares of the aerospace company’s stock valued at $3,446,000 after buying an additional 452 shares during the last quarter. Finally, Cetera Investment Advisers raised its holdings in TransDigm Group by 90.5% in the 1st quarter. Cetera Investment Advisers now owns 4,015 shares of the aerospace company’s stock worth $4,945,000 after acquiring an additional 1,907 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Buying and Selling

In other news, Director W Nicholas Howley sold 5,472 shares of the company’s stock in a transaction on 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 transaction, the director now owns 21,548 shares of the company’s stock, valued at $29,659,098.16. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $1,401.75, for a total value of $4,205,250.00. Following the transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at approximately $5,046,300. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $1,376.42, for a total value of $7,531,770.24. Following the transaction, the director now owns 21,548 shares in the company, valued at approximately $29,659,098.16. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,944 shares of company stock worth $23,541,085 in the last quarter. Insiders own 4.96% of the company’s stock.

Analyst Ratings Changes

TDG has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their price target on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an “equal weight” rating for the company in a report on Wednesday, August 7th. Royal Bank of Canada reissued an “outperform” rating and issued a $1,500.00 price target on shares of TransDigm Group in a report on Wednesday, August 7th. Citigroup reduced their target price on shares of TransDigm Group from $1,648.00 to $1,563.00 and set a “buy” rating for the company in a research note on Wednesday, November 6th. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research note on Monday. Finally, 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 research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,461.82.

TransDigm Group Price Performance

NYSE TDG opened at $1,354.52 on Wednesday. The stock’s 50 day simple moving average is $1,368.17 and its 200 day simple moving average is $1,318.02. TransDigm Group Incorporated has a one year low of $949.99 and a one year high of $1,451.32. The firm has a market cap of $76.16 billion, a PE ratio of 52.91, a price-to-earnings-growth ratio of 1.87 and a beta of 1.43.

TransDigm Group Increases Dividend

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

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.