1,308 Shares in TransDigm Group Incorporated (NYSE:TDG) Acquired by Aigen Investment Management LP

Aigen Investment Management LP bought a new position in TransDigm Group Incorporated (NYSE:TDG - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 1,308 shares of the aerospace company's stock, valued at approximately $1,867,000.

Other institutional investors and hedge funds have also modified their holdings of the company. NorthRock Partners LLC lifted its position in shares of TransDigm Group by 11.9% in the first quarter. NorthRock Partners LLC now owns 263 shares of the aerospace company's stock worth $324,000 after purchasing an additional 28 shares in the last quarter. QRG Capital Management Inc. grew its stake in shares of TransDigm Group by 7.0% in the first quarter. QRG Capital Management Inc. now owns 549 shares of the aerospace company's stock valued at $677,000 after acquiring an additional 36 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of TransDigm Group by 11.3% in the first quarter. Russell Investments Group Ltd. now owns 28,592 shares of the aerospace company's stock valued at $35,220,000 after acquiring an additional 2,914 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of TransDigm Group by 0.8% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,207 shares of the aerospace company's stock valued at $15,034,000 after acquiring an additional 94 shares in the last quarter. Finally, Bleakley Financial Group LLC grew its stake in shares of TransDigm Group by 9.3% in the first quarter. Bleakley Financial Group LLC now owns 1,535 shares of the aerospace company's stock valued at $1,891,000 after acquiring an additional 130 shares in the last quarter. 95.78% of the stock is owned by institutional investors.

Insider Activity at TransDigm Group

In related news, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $1,376.42, for a total transaction of $7,531,770.24. Following the completion of the transaction, the director now directly owns 21,548 shares of the company's stock, valued at $29,659,098.16. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $1,401.75, for a total transaction of $4,205,250.00. Following the transaction, the chief operating officer now owns 3,600 shares of the company's stock, valued at $5,046,300. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $1,376.42, for a total transaction of $7,531,770.24. Following the transaction, the director now directly owns 21,548 shares in the company, valued at $29,659,098.16. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,944 shares of company stock valued at $23,541,085 in the last three months. Company insiders own 4.96% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on TDG shares. KeyCorp increased their price objective on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. Susquehanna increased their price objective on shares of TransDigm Group from $1,200.00 to $1,250.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 7th. Royal Bank of Canada reiterated an "outperform" rating and set a $1,500.00 price objective on shares of TransDigm Group in a research note on Wednesday, August 7th. Deutsche Bank Aktiengesellschaft raised their price target on shares of TransDigm Group from $1,524.00 to $1,577.00 and gave the company a "buy" rating in a research note on Thursday, October 3rd. Finally, Truist Financial raised their price target on shares of TransDigm Group from $1,425.00 to $1,483.00 and gave the company a "buy" rating in a research note on Wednesday, July 17th. Seven analysts have rated the stock with a hold rating and fourteen 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 target price of $1,461.82.

TransDigm Group Stock Performance

NYSE TDG traded down $20.24 on Tuesday, hitting $1,354.52. The stock had a trading volume of 266,118 shares, compared to its average volume of 216,953. TransDigm Group Incorporated has a 52-week low of $949.99 and a 52-week high of $1,451.32. The company has a market capitalization of $76.00 billion, a price-to-earnings ratio of 53.70, a price-to-earnings-growth ratio of 1.83 and a beta of 1.43. The firm has a 50-day moving average of $1,368.17 and a 200-day moving average of $1,318.02.

TransDigm Group Increases Dividend

The business also recently announced a special dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, October 4th were given a $75.00 dividend. This is a boost from TransDigm Group's previous special dividend of $32.50. The ex-dividend date was Friday, October 4th.

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.