2 weeks Ago By Defense World Staff
TransDigm Group Incorporated ( NYSE:TDG – Get Free Report ) has been given an average rating of “Moderate Buy” by the nineteen research firms that are covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and thirteen have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $1,461.
82. Several equities analysts have issued reports on the company. UBS Group dropped their target price on TransDigm Group from $1,466.
00 to $1,423.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 7th. Citigroup lowered their price target on TransDigm Group from $1,648.
00 to $1,563.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. KeyCorp increased their price objective on shares of TransDigm Group from $1,440.
00 to $1,500.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Wells Fargo & Company cut their target price on shares of TransDigm Group from $1,390.
00 to $1,350.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 7th. Finally, StockNews.
com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a research report on Monday, November 11th. Read Our Latest Stock Analysis on TDG TransDigm Group Stock Up 1.6 % TransDigm Group Increases Dividend The business also recently declared a special dividend, which was paid on Friday, October 18th.
Investors of record on Friday, October 4th were issued a $75.00 dividend. The ex-dividend date was Friday, October 4th.
This is a boost from TransDigm Group’s previous special dividend of $32.50. Insiders Place Their Bets In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction on Tuesday, October 15th.
The shares were sold at an average price of $1,402.85, for a total transaction of $7,676,395.20.
Following the completion of the sale, the director now owns 21,548 shares in the company, valued at $30,228,611.80. The trade was a 20.
25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link . 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 transaction of $4,127,670.00.
Following the sale, the chief operating officer now directly 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 disclosure for this sale can be found here . Insiders sold a total of 16,944 shares of company stock valued at $23,541,085 in the last ninety days. Corporate insiders own 4.
96% of the company’s stock. Institutional Investors Weigh In On TransDigm Group Several institutional investors and hedge funds have recently bought and sold shares of TDG. First Personal Financial Services bought a new position in shares of TransDigm Group during the third quarter valued at approximately $29,000.
Erste Asset Management GmbH bought a new position in TransDigm Group during the 3rd quarter worth $29,000. Fortitude Family Office LLC increased its position in TransDigm Group by 283.3% in the second quarter.
Fortitude Family Office LLC now owns 23 shares of the aerospace company’s stock worth $29,000 after buying an additional 17 shares during the period. DT Investment Partners LLC lifted its stake in TransDigm Group by 68.8% in the third quarter.
DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after buying an additional 11 shares during the last quarter. Finally, Meeder Asset Management Inc. boosted its holdings in shares of TransDigm Group by 275.
0% during the second 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 period.
Institutional investors and hedge funds own 95.78% of the company’s stock. TransDigm Group Company Profile ( Get Free Report 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. Featured Articles Five stocks we like better than TransDigm Group Are These Liquid Natural Gas Stocks Ready For An Upside Bounce? Vertiv’s Cool Tech Makes Its Stock Red-Hot Earnings Per Share Calculator: How to Calculate EPS MarketBeat Week in Review – 11/18 – 11/22 How to Calculate Inflation Rate 2 Finance Stocks With Competitive Advantages You Can’t Ignore Receive News & Ratings for TransDigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransDigm Group and related companies with MarketBeat.com's FREE daily email newsletter .
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