Dynamic Advisor Solutions LLC Makes New Investment in Transdigm Group Incorporated (NYSE:TDG)

Dynamic Advisor Solutions LLC purchased a new stake in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 804 shares of the aerospace company's stock, valued at approximately $1,113,000.

A number of other institutional investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC raised its stake in Transdigm Group by 0.9% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 4,977 shares of the aerospace company's stock valued at $6,886,000 after buying an additional 45 shares during the last quarter. CVA Family Office LLC lifted its position in Transdigm Group by 123.1% during the first quarter. CVA Family Office LLC now owns 58 shares of the aerospace company's stock valued at $80,000 after purchasing an additional 32 shares during the period. Everhart Financial Group Inc. boosted its stake in shares of Transdigm Group by 19.1% in the first quarter. Everhart Financial Group Inc. now owns 599 shares of the aerospace company's stock worth $829,000 after buying an additional 96 shares during the last quarter. Aubrey Capital Management Ltd acquired a new stake in shares of Transdigm Group during the 1st quarter worth approximately $2,075,000. Finally, Net Worth Advisory Group increased its holdings in Transdigm Group by 93.7% in the first quarter. Net Worth Advisory Group now owns 459 shares of the aerospace company's stock valued at $635,000 after buying an additional 222 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Transdigm Group news, CFO Sarah Wynne sold 3,200 shares of the business's stock in a transaction that occurred on Thursday, June 12th. The stock was sold at an average price of $1,452.15, for a total value of $4,646,880.00. Following the sale, the chief financial officer now owns 3,400 shares of the company's stock, valued at $4,937,310. The trade was a 48.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Kevin M. Stein sold 20,000 shares of the company's stock in a transaction on Monday, April 14th. The stock was sold at an average price of $1,329.61, for a total value of $26,592,200.00. Following the transaction, the chief executive officer now owns 8,158 shares in the company, valued at $10,846,958.38. This trade represents a 71.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 142,149 shares of company stock worth $202,459,077. Company insiders own 4.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on TDG shares. Northcoast Research raised Transdigm Group from a "neutral" rating to a "buy" rating and set a $1,500.00 price objective on the stock in a report on Wednesday, April 9th. Wells Fargo & Company lifted their price target on shares of Transdigm Group from $1,375.00 to $1,540.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Wall Street Zen raised shares of Transdigm Group from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. UBS Group lifted their target price on shares of Transdigm Group from $1,451.00 to $1,645.00 and gave the company a "buy" rating in a research report on Wednesday, May 7th. Finally, Susquehanna increased their price objective on Transdigm Group from $1,250.00 to $1,300.00 and gave the company a "neutral" rating in a research note on Wednesday, April 2nd. Four investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. According to MarketBeat, Transdigm Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,505.23.

Transdigm Group Stock Performance

Shares of NYSE TDG traded down $11.46 during trading on Wednesday, hitting $1,413.92. 295,927 shares of the company were exchanged, compared to its average volume of 263,894. The company has a fifty day moving average price of $1,404.34 and a 200-day moving average price of $1,346.29. The firm has a market capitalization of $79.42 billion, a PE ratio of 47.74, a P/E/G ratio of 3.04 and a beta of 1.05. Transdigm Group Incorporated has a 12-month low of $1,176.31 and a 12-month high of $1,488.54.

Transdigm Group (NYSE:TDG - Get Free Report) last issued its earnings results on Tuesday, May 6th. The aerospace company reported $9.11 EPS for the quarter, topping analysts' consensus estimates of $8.83 by $0.28. Transdigm Group had a net margin of 21.09% and a negative return on equity of 38.71%. The company had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.17 billion. During the same period in the previous year, the firm earned $7.99 earnings per share. Transdigm Group's quarterly revenue was up 12.0% compared to the same quarter last year. Research analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

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.