Chicago Partners Investment Group LLC Has $5.17 Million Holdings in TransDigm Group Incorporated (NYSE:TDG)

Chicago Partners Investment Group LLC grew its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 78.9% in the third quarter, according to its most recent filing with the SEC. The firm owned 3,807 shares of the aerospace company's stock after acquiring an additional 1,679 shares during the quarter. Chicago Partners Investment Group LLC's holdings in TransDigm Group were worth $5,169,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Norden Group LLC bought a new stake in TransDigm Group during the first quarter worth approximately $443,000. Private Advisor Group LLC boosted its stake in TransDigm Group by 112.3% during the first quarter. Private Advisor Group LLC now owns 1,558 shares of the aerospace company's stock valued at $1,919,000 after buying an additional 824 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in TransDigm Group by 35.7% during the first quarter. BNP Paribas Financial Markets now owns 70,881 shares of the aerospace company's stock worth $87,297,000 after acquiring an additional 18,655 shares during the period. Janney Montgomery Scott LLC raised its position in TransDigm Group by 20.8% in the first quarter. Janney Montgomery Scott LLC now owns 9,987 shares of the aerospace company's stock worth $12,300,000 after acquiring an additional 1,723 shares in the last quarter. Finally, Capstone Investment Advisors LLC lifted its holdings in TransDigm Group by 131.3% in the 1st quarter. Capstone Investment Advisors LLC now owns 990 shares of the aerospace company's stock valued at $1,219,000 after acquiring an additional 562 shares during the last quarter. Institutional investors own 95.78% of the company's stock.

TransDigm Group Stock Up 0.2 %

Shares of TransDigm Group stock traded up $2.20 on Friday, hitting $1,304.50. 217,997 shares of the company traded hands, compared to its average volume of 163,640. TransDigm Group Incorporated has a 12-month low of $838.47 and a 12-month high of $1,451.32. The company has a 50-day moving average price of $1,367.83 and a 200 day moving average price of $1,312.15. The company has a market cap of $73.20 billion, a PE ratio of 48.26, a PEG ratio of 1.77 and a beta of 1.43.

TransDigm Group (NYSE:TDG - Get Free Report) last issued its earnings results on Tuesday, August 6th. The aerospace company reported $9.00 earnings per share for the quarter, topping the consensus estimate of $7.77 by $1.23. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.01 billion. TransDigm Group had a negative return on equity of 66.70% and a net margin of 21.83%. The business's revenue was up 17.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.55 EPS. Equities research analysts anticipate that TransDigm Group Incorporated will post 30.71 EPS for the current year.

TransDigm Group Increases Dividend

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on TDG shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of TransDigm Group from $1,524.00 to $1,577.00 and gave the stock a "buy" rating in a research note on Thursday, October 3rd. 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 on the stock in a research report on Wednesday, August 7th. Truist Financial increased their price objective on TransDigm Group from $1,425.00 to $1,483.00 and gave the company a "buy" rating in a research report on Wednesday, July 17th. UBS Group decreased their target price on TransDigm Group from $1,466.00 to $1,423.00 and set a "neutral" rating on the stock in a report on Wednesday, August 7th. Finally, Morgan Stanley upped their target price on TransDigm Group from $1,550.00 to $1,575.00 and gave the company an "overweight" rating in a report on Wednesday, August 7th. Eight equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $1,451.94.

Insider Transactions at TransDigm Group

In other TransDigm Group news, CEO Kevin M. Stein sold 10,000 shares of the firm's stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $1,228.24, for a total transaction of $12,282,400.00. Following the transaction, the chief executive officer now directly owns 8,158 shares in the company, valued at $10,019,981.92. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other TransDigm Group news, CEO Kevin M. Stein sold 10,000 shares of the stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $1,228.24, for a total transaction of $12,282,400.00. Following the transaction, the chief executive officer now owns 8,158 shares in the company, 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 SEC, which is available at the SEC website. Also, COO Joel Reiss sold 3,000 shares of the business's 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 completion of the sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at $4,953,204. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 26,944 shares of company stock worth $35,823,485 in 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.