Transdigm Group Incorporated $TDG Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC cut its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 11.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,003 shares of the aerospace company’s stock after selling 257 shares during the period. Metis Global Partners LLC’s holdings in Transdigm Group were worth $3,046,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Winch Advisory Services LLC grew its position in Transdigm Group by 53.8% during the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 7 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Transdigm Group by 2.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 257 shares of the aerospace company’s stock worth $391,000 after buying an additional 7 shares during the period. Diversified Enterprises LLC boosted its stake in shares of Transdigm Group by 3.8% during the second quarter. Diversified Enterprises LLC now owns 193 shares of the aerospace company’s stock worth $293,000 after buying an additional 7 shares during the period. FSM Wealth Advisors LLC grew its holdings in shares of Transdigm Group by 3.8% during the second quarter. FSM Wealth Advisors LLC now owns 191 shares of the aerospace company’s stock worth $292,000 after buying an additional 7 shares during the last quarter. Finally, New Republic Capital LLC increased its position in Transdigm Group by 4.6% in the 1st quarter. New Republic Capital LLC now owns 183 shares of the aerospace company’s stock valued at $253,000 after acquiring an additional 8 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Citigroup increased their price objective on Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a “buy” rating in a research report on Monday, July 14th. JPMorgan Chase & Co. upped their price target on Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. UBS Group lifted their price objective on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. BMO Capital Markets started coverage on shares of Transdigm Group in a research note on Tuesday, September 30th. They issued an “outperform” rating and a $1,420.00 price objective on the stock. Finally, Zacks Research cut shares of Transdigm Group from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Twelve investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Transdigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,564.56.

Transdigm Group Stock Performance

NYSE:TDG opened at $1,284.99 on Monday. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The stock has a fifty day moving average price of $1,296.85 and a two-hundred day moving average price of $1,405.36. The stock has a market capitalization of $72.41 billion, a price-to-earnings ratio of 42.65, a PEG ratio of 3.25 and a beta of 1.02.

Transdigm Group Increases Dividend

The business also recently declared a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were issued a $90.00 dividend. The ex-dividend date was Tuesday, September 2nd. This is a boost from Transdigm Group’s previous special dividend of $75.00.

Insider Transactions at Transdigm Group

In other Transdigm Group news, COO Patrick Joseph Murphy sold 290 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $1,310.00, for a total value of $379,900.00. Following the completion of the transaction, the chief operating officer directly owned 1,055 shares of the company’s stock, valued at approximately $1,382,050. This trade represents a 21.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Kevin M. Stein sold 700 shares of Transdigm Group stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $1,360.00, for a total transaction of $952,000.00. Following the sale, the director owned 8,158 shares of the company’s stock, valued at approximately $11,094,880. The trade was a 7.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 22,802 shares of company stock valued at $29,917,993. 4.09% of the stock is owned by company 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.