LWM Advisory Services LLC Sells 10 Shares of TransDigm Group Incorporated (NYSE:TDG)

LWM Advisory Services LLC lessened its holdings in TransDigm Group Incorporated (NYSE:TDG) by 4.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 214 shares of the aerospace company’s stock after selling 10 shares during the period. LWM Advisory Services LLC’s holdings in TransDigm Group were worth $271,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Private Advisor Group LLC grew its holdings in TransDigm Group by 22.9% in the 3rd quarter. Private Advisor Group LLC now owns 1,747 shares of the aerospace company’s stock valued at $2,494,000 after buying an additional 325 shares in the last quarter. International Assets Investment Management LLC grew its holdings in TransDigm Group by 108,517.8% in the 3rd quarter. International Assets Investment Management LLC now owns 48,878 shares of the aerospace company’s stock valued at $69,755,000 after buying an additional 48,833 shares in the last quarter. Hennion & Walsh Asset Management Inc. grew its holdings in TransDigm Group by 23.5% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 494 shares of the aerospace company’s stock valued at $705,000 after buying an additional 94 shares in the last quarter. DT Investment Partners LLC grew its holdings in TransDigm Group by 68.8% in the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company’s stock valued at $39,000 after buying an additional 11 shares in the last quarter. Finally, Silver Oak Securities Incorporated acquired a new position in TransDigm Group in the 3rd quarter valued at $718,000. Institutional investors own 95.78% of the company’s stock.

TransDigm Group Stock Down 1.6 %

Shares of TDG stock opened at $1,291.58 on Friday. TransDigm Group Incorporated has a twelve month low of $1,136.27 and a twelve month high of $1,451.32. The company has a market cap of $72.43 billion, a P/E ratio of 45.56, a P/E/G ratio of 2.76 and a beta of 1.40. The business has a fifty day simple moving average of $1,306.71 and a 200 day simple moving average of $1,320.43.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, February 4th. The aerospace company reported $7.57 earnings per share for the quarter, topping the consensus estimate of $6.73 by $0.84. TransDigm Group had a negative return on equity of 42.87% and a net margin of 20.76%. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same period in the prior year, the company earned $7.16 EPS. TransDigm Group’s revenue for the quarter was up 12.1% on a year-over-year basis. As a group, equities research analysts anticipate that TransDigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Truist Financial upped their price objective on TransDigm Group from $1,482.00 to $1,534.00 and gave the company a “buy” rating in a report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft lowered TransDigm Group from a “buy” rating to a “hold” rating and decreased their price objective for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. StockNews.com raised TransDigm Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 8th. Barclays reissued an “equal weight” rating and set a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Finally, Citigroup increased their target price on TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Seven research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,462.35.

Insider Buying and Selling

In other TransDigm Group news, Director Robert J. Small sold 3,650 shares of the stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $1,322.19, for a total value of $4,825,993.50. Following the completion of the transaction, the director now directly owns 15,539 shares in the company, valued at approximately $20,545,510.41. This trade represents a 19.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at $4,525,524. This represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 118,647 shares of company stock worth $151,878,163 in the last ninety days. 4.09% of the stock is owned by insiders.

About TransDigm Group

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.