Haverford Trust Co Increases Holdings in TransDigm Group Incorporated (NYSE:TDG)

Haverford Trust Co lifted its position in TransDigm Group Incorporated (NYSE:TDG) by 4.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,129 shares of the aerospace company’s stock after purchasing an additional 51 shares during the quarter. Haverford Trust Co’s holdings in TransDigm Group were worth $1,611,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of TDG. QRG Capital Management Inc. raised its stake in shares of TransDigm Group by 7.0% in the first quarter. QRG Capital Management Inc. now owns 549 shares of the aerospace company’s stock worth $677,000 after purchasing an additional 36 shares during the last quarter. TBH Global Asset Management LLC purchased a new position in shares of TransDigm Group in the first quarter worth about $280,000. Orion Portfolio Solutions LLC raised its stake in shares of TransDigm Group by 47.8% in the first quarter. Orion Portfolio Solutions LLC now owns 878 shares of the aerospace company’s stock worth $1,081,000 after purchasing an additional 284 shares during the last quarter. Dorsey & Whitney Trust CO LLC raised its stake in shares of TransDigm Group by 24.0% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 583 shares of the aerospace company’s stock worth $718,000 after purchasing an additional 113 shares during the last quarter. Finally, Sentry Investment Management LLC grew its holdings in TransDigm Group by 11.7% during the first quarter. Sentry Investment Management LLC now owns 324 shares of the aerospace company’s stock worth $399,000 after acquiring an additional 34 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction that occurred 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 transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,953,204. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In related news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction that occurred 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 transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,953,204. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $1,402.85, for a total value of $7,676,395.20. Following the transaction, the director now owns 21,548 shares in the company, valued at approximately $30,228,611.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,944 shares of company stock worth $23,541,085. 4.96% of the stock is owned by corporate insiders.

TransDigm Group Price Performance

Shares of NYSE:TDG opened at $1,363.00 on Thursday. The business’s 50 day moving average price is $1,368.61 and its 200-day moving average price is $1,318.69. The firm has a market capitalization of $76.64 billion, a PE ratio of 53.24, a P/E/G ratio of 2.41 and a beta of 1.43. TransDigm Group Incorporated has a 1 year low of $949.99 and a 1 year high of $1,451.32.

TransDigm Group Increases Dividend

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

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a report on Monday. 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 report on Wednesday, August 7th. Morgan Stanley raised their target price on TransDigm Group from $1,550.00 to $1,575.00 and gave the stock an “overweight” rating in a report on Wednesday, August 7th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $1,500.00 target price on shares of TransDigm Group in a report on Wednesday, August 7th. Finally, JPMorgan Chase & Co. raised their target price on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a report on Monday, October 14th. Seven investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, TransDigm Group has an average rating of “Moderate Buy” and a consensus price target of $1,461.82.

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.