Atria Investments Inc Has $5.75 Million Holdings in TransDigm Group Incorporated (NYSE:TDG)

Atria Investments Inc trimmed its position in shares of TransDigm Group Incorporated (NYSE:TDG) by 0.5% during the third quarter, Holdings Channel.com reports. The firm owned 4,029 shares of the aerospace company’s stock after selling 20 shares during the period. Atria Investments Inc’s holdings in TransDigm Group were worth $5,750,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of TDG. First Personal Financial Services acquired a new stake in shares of TransDigm Group in the 3rd quarter worth about $29,000. Objective Capital Management LLC purchased a new stake in shares of TransDigm Group in the third quarter worth approximately $349,000. Lindbrook Capital LLC lifted its holdings in shares of TransDigm Group by 37.7% in the third quarter. Lindbrook Capital LLC now owns 223 shares of the aerospace company’s stock valued at $318,000 after purchasing an additional 61 shares in the last quarter. Assetmark Inc. boosted its position in shares of TransDigm Group by 3.7% during the third quarter. Assetmark Inc. now owns 6,194 shares of the aerospace company’s stock valued at $8,839,000 after buying an additional 220 shares during the last quarter. Finally, Verdence Capital Advisors LLC grew its holdings in TransDigm Group by 3.2% during the third quarter. Verdence Capital Advisors LLC now owns 618 shares of the aerospace company’s stock worth $881,000 after buying an additional 19 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on TDG shares. Wells Fargo & Company dropped their price objective on TransDigm Group from $1,390.00 to $1,350.00 and set an “equal weight” rating on the stock in a research note on Wednesday, August 7th. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a report on Monday. Truist Financial lifted their target price on shares of TransDigm Group from $1,425.00 to $1,483.00 and gave the stock a “buy” rating in a research report on Wednesday, July 17th. 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. Finally, Citigroup dropped their price target on TransDigm Group from $1,648.00 to $1,563.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Seven research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, TransDigm Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,461.82.

TransDigm Group Trading Up 1.8 %

TransDigm Group stock opened at $1,374.76 on Tuesday. The firm has a 50 day simple moving average of $1,368.14 and a 200 day simple moving average of $1,317.19. TransDigm Group Incorporated has a 1-year low of $949.99 and a 1-year high of $1,451.32. The firm has a market capitalization of $77.14 billion, a price-to-earnings ratio of 53.70, a P/E/G ratio of 1.83 and a beta of 1.43.

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 paid a dividend of $75.00 per share. This is a positive change from TransDigm Group’s previous special dividend of $32.50. The ex-dividend date was Friday, October 4th.

Insider Buying and Selling

In other news, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $1,375.89, for a total value of $4,127,670.00. Following the sale, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,953,204. This 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 the SEC website. In other news, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1,375.89, for a total transaction of $4,127,670.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at $4,953,204. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total value of $7,676,395.20. Following the sale, the director now directly owns 21,548 shares of the company’s stock, valued at $30,228,611.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,944 shares of company stock valued at $23,541,085. Corporate insiders own 4.96% of the company’s stock.

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.