Stratos Wealth Partners LTD. Buys 311 Shares of TransDigm Group Incorporated (NYSE:TDG)

Stratos Wealth Partners LTD. boosted its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 12.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,877 shares of the aerospace company's stock after purchasing an additional 311 shares during the period. Stratos Wealth Partners LTD.'s holdings in TransDigm Group were worth $3,646,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. First Personal Financial Services acquired a new position in shares of TransDigm Group in the third quarter valued at approximately $29,000. Erste Asset Management GmbH bought a new position in TransDigm Group during the 3rd quarter worth approximately $29,000. Trust Co. of Vermont lifted its position in shares of TransDigm Group by 150.0% in the 4th quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock worth $32,000 after purchasing an additional 15 shares during the period. Versant Capital Management Inc boosted its stake in shares of TransDigm Group by 225.0% in the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock valued at $33,000 after purchasing an additional 18 shares during the last quarter. Finally, DT Investment Partners LLC increased its position in shares of 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 during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

TransDigm Group Trading Up 0.2 %

Shares of NYSE:TDG traded up $2.54 during trading on Monday, reaching $1,329.88. The company had a trading volume of 96,192 shares, compared to its average volume of 257,067. TransDigm Group Incorporated has a 12 month low of $1,100.86 and a 12 month high of $1,451.32. The stock has a market capitalization of $74.58 billion, a P/E ratio of 46.91, a price-to-earnings-growth ratio of 2.86 and a beta of 1.40. The company has a fifty day moving average of $1,294.68 and a two-hundred day moving average of $1,315.07.

TransDigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping the consensus estimate of $6.73 by $0.84. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The company's quarterly revenue was up 12.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $7.16 earnings per share. As a group, equities research analysts predict that TransDigm Group Incorporated will post 34.11 earnings per share for the current year.

Insiders Place Their Bets

In other TransDigm Group news, CEO Kevin M. Stein sold 20,000 shares of TransDigm Group stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total value of $24,961,400.00. Following the completion of the transaction, the chief executive officer now directly owns 8,158 shares of the company's stock, valued at approximately $10,181,755.06. The trade was a 71.03 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible 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 sale, the director now owns 567,323 shares in the company, valued at approximately $708,461,615.94. The trade was a 6.29 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 89,525 shares of company stock worth $112,769,801. 4.09% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Truist Financial lifted their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a "buy" rating in a research report on Tuesday, January 14th. StockNews.com raised shares of TransDigm Group from a "hold" rating to a "buy" rating in a research report on Wednesday, January 8th. Deutsche Bank Aktiengesellschaft lowered shares of TransDigm Group from a "buy" rating to a "hold" rating and cut their target price for the stock from $1,444.00 to $1,348.00 in a research note on Thursday, January 2nd. Citigroup upped their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Finally, KeyCorp raised their target price on 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. Seven analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $1,462.35.

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.