Wealth Enhancement Advisory Services LLC Has $4.10 Million Holdings in TransDigm Group Incorporated (NYSE:TDG)

Wealth Enhancement Advisory Services LLC increased its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 10.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,331 shares of the aerospace company’s stock after buying an additional 315 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in TransDigm Group were worth $4,102,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Compagnie Lombard Odier SCmA acquired a new stake in TransDigm Group in the 4th quarter valued at about $25,000. Oakworth Capital Inc. acquired a new position in shares of TransDigm Group during the 4th quarter worth approximately $26,000. VisionPoint Advisory Group LLC bought a new stake in TransDigm Group in the 4th quarter valued at $37,000. Oliver Lagore Vanvalin Investment Group lifted its holdings in TransDigm Group by 48.0% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 37 shares of the aerospace company’s stock valued at $38,000 after purchasing an additional 12 shares during the last quarter. Finally, Frazier Financial Advisors LLC bought a new position in TransDigm Group during the fourth quarter worth $43,000. 95.78% of the stock is owned by institutional investors.

Insider Transactions at TransDigm Group

In related news, CEO Kevin M. Stein sold 10,000 shares of the firm’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $1,216.16, for a total transaction of $12,161,600.00. Following the sale, the chief executive officer now owns 8,158 shares of the company’s stock, valued at approximately $9,921,433.28. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In other TransDigm Group news, CEO Kevin M. Stein sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $1,216.16, for a total transaction of $12,161,600.00. Following the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at approximately $9,921,433.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jessica L. Warren sold 925 shares of the firm’s stock in a transaction on Thursday, June 6th. The shares were sold at an average price of $1,339.34, for a total transaction of $1,238,889.50. Following the transaction, the insider now directly owns 50 shares of the company’s stock, valued at approximately $66,967. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 100,833 shares of company stock worth $131,249,183. Corporate insiders own 4.96% of the company’s stock.

TransDigm Group Stock Performance

TransDigm Group stock opened at $1,278.10 on Wednesday. The stock has a fifty day moving average of $1,304.81 and a 200-day moving average of $1,188.76. The stock has a market capitalization of $71.52 billion, a P/E ratio of 50.70, a price-to-earnings-growth ratio of 2.16 and a beta of 1.38. TransDigm Group Incorporated has a 52 week low of $802.46 and a 52 week high of $1,369.57.

TransDigm Group (NYSE:TDG) last posted its earnings results on Tuesday, May 7th. The aerospace company reported $7.99 EPS for the quarter, topping analysts’ consensus estimates of $7.42 by $0.57. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $1.88 billion. TransDigm Group had a net margin of 21.22% and a negative return on equity of 63.35%. The business’s revenue for the quarter was up 20.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.39 earnings per share. On average, research analysts forecast that TransDigm Group Incorporated will post 30.04 earnings per share for the current year.

Wall Street Analysts Forecast Growth

TDG has been the topic of several research analyst reports. KeyCorp increased their price objective on shares of TransDigm Group from $1,325.00 to $1,440.00 and gave the company an “overweight” rating in a research report on Tuesday, May 28th. Stifel Nicolaus upped their target price on TransDigm Group from $1,300.00 to $1,325.00 and gave the company a “hold” rating in a research report on Friday, June 7th. The Goldman Sachs Group lifted their price target on TransDigm Group from $1,285.00 to $1,518.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. StockNews.com upgraded TransDigm Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 18th. Finally, JPMorgan Chase & Co. boosted their target price on shares of TransDigm Group from $1,050.00 to $1,175.00 and gave the company a “neutral” rating in a research report on Wednesday, March 27th. Six equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $1,414.06.

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.