Bamco Inc. NY Buys 5,859 Shares of TransDigm Group Incorporated (NYSE:TDG)

Bamco Inc. NY increased its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 5.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,859 shares of the aerospace company's stock after purchasing an additional 5,859 shares during the quarter. Bamco Inc. NY owned approximately 0.19% of TransDigm Group worth $151,075,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its holdings in TransDigm Group by 17.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,898 shares of the aerospace company's stock worth $4,980,000 after purchasing an additional 567 shares during the period. Envestnet Portfolio Solutions Inc. raised its stake in TransDigm Group by 26.0% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 3,826 shares of the aerospace company's stock valued at $4,888,000 after buying an additional 789 shares during the last quarter. CIBC Asset Management Inc boosted its stake in TransDigm Group by 8.6% in the 3rd quarter. CIBC Asset Management Inc now owns 8,169 shares of the aerospace company's stock worth $11,658,000 after purchasing an additional 644 shares in the last quarter. Cetera Investment Advisers grew its holdings in shares of TransDigm Group by 90.5% during the first quarter. Cetera Investment Advisers now owns 4,015 shares of the aerospace company's stock valued at $4,945,000 after buying an additional 1,907 shares during the last quarter. Finally, Swiss National Bank grew its stake in TransDigm Group by 0.9% during the 3rd quarter. Swiss National Bank now owns 166,100 shares of the aerospace company's stock valued at $237,046,000 after purchasing an additional 1,400 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. StockNews.com raised TransDigm Group from a "hold" rating to a "buy" rating in a research report on Monday, November 11th. Morgan Stanley upped their price target on TransDigm Group from $1,550.00 to $1,575.00 and gave the stock an "overweight" rating in a report on Wednesday, August 7th. UBS Group decreased their target price on TransDigm Group from $1,466.00 to $1,423.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 7th. KeyCorp boosted their target price 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. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of TransDigm Group from $1,524.00 to $1,577.00 and gave the stock a "buy" rating in a research note on Thursday, October 3rd. Six analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. According to MarketBeat.com, TransDigm Group presently has an average rating of "Moderate Buy" and a consensus price target of $1,461.82.

Insider Activity

In related news, Director W Nicholas Howley sold 5,472 shares of TransDigm Group stock in a transaction on Monday, September 16th. The shares were sold at an average price of $1,376.42, for a total value of $7,531,770.24. Following the completion of the sale, the director now owns 21,548 shares of the company's stock, valued at approximately $29,659,098.16. The trade was a 20.25 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $1,401.75, for a total transaction of $4,205,250.00. Following the completion of the sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at $5,046,300. The trade was a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 16,944 shares of company stock worth $23,541,085 over the last 90 days. 4.96% of the stock is owned by company insiders.

TransDigm Group Trading Up 0.9 %

TransDigm Group stock traded up $11.48 during midday trading on Monday, reaching $1,264.45. 271,644 shares of the stock traded hands, compared to its average volume of 225,814. The firm has a fifty day moving average price of $1,346.89 and a two-hundred day moving average price of $1,316.87. The firm has a market cap of $71.10 billion, a price-to-earnings ratio of 48.94, a PEG ratio of 2.82 and a beta of 1.43. TransDigm Group Incorporated has a fifty-two week low of $950.93 and a fifty-two week high of $1,451.32.

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

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.