TransDigm Group Incorporated (NYSE:TDG) Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. increased its holdings in TransDigm Group Incorporated (NYSE:TDG - Free Report) by 17.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,721 shares of the aerospace company's stock after acquiring an additional 2,224 shares during the quarter. Rockefeller Capital Management L.P.'s holdings in TransDigm Group were worth $21,004,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. Fortitude Family Office LLC grew its stake in shares of TransDigm Group by 283.3% during the 2nd quarter. Fortitude Family Office LLC now owns 23 shares of the aerospace company's stock worth $29,000 after purchasing an additional 17 shares during the period. First Personal Financial Services acquired a new position in shares of TransDigm Group during the 3rd quarter worth $29,000. Meeder Asset Management Inc. grew its stake in shares of TransDigm Group by 275.0% during the 2nd quarter. Meeder Asset Management Inc. now owns 30 shares of the aerospace company's stock worth $38,000 after purchasing an additional 22 shares during the period. DT Investment Partners LLC grew its stake in shares of TransDigm Group by 68.8% during the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock worth $39,000 after purchasing an additional 11 shares during the period. Finally, Hershey Financial Advisers LLC acquired a new position in shares of TransDigm Group during the 2nd quarter worth $41,000. 95.78% of the stock is owned by institutional investors and hedge funds.

TransDigm Group Stock Performance

TDG traded up $7.31 on Monday, reaching $1,260.28. 353,480 shares of the company's stock were exchanged, compared to its average volume of 226,292. The company's 50 day moving average is $1,343.74 and its 200-day moving average is $1,316.69. The company has a market cap of $70.87 billion, a price-to-earnings ratio of 49.23, a PEG ratio of 2.82 and a beta of 1.43. TransDigm Group Incorporated has a twelve month low of $950.93 and a twelve month high of $1,451.32.

TransDigm Group Increases Dividend

The firm also recently announced a special dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 4th were given a dividend of $75.00 per share. The ex-dividend date of this dividend was Friday, October 4th. This is an increase from TransDigm Group's previous special dividend of $32.50.

Analyst Ratings Changes

TDG has been the topic of a number of recent analyst reports. Susquehanna upped their price target 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. StockNews.com upgraded shares of TransDigm Group from a "hold" rating to a "buy" rating in a research report on Monday, November 11th. Citigroup decreased their price objective on shares of TransDigm Group from $1,648.00 to $1,563.00 and set a "buy" rating on the stock in a research report on Wednesday, November 6th. Wells Fargo & Company decreased their price objective on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an "equal weight" rating on the stock in a research report on Wednesday, August 7th. Finally, UBS Group decreased their price objective on shares of 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. Six equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $1,461.82.

Insider Buying and Selling

In other news, Director W Nicholas Howley sold 5,472 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $1,402.85, for a total transaction of $7,676,395.20. Following the completion of the transaction, the director now directly owns 21,548 shares in the company, valued at approximately $30,228,611.80. This represents a 20.25 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the 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 value of $4,205,250.00. Following the transaction, the chief operating officer now owns 3,600 shares of the company's stock, valued at approximately $5,046,300. This trade represents a 45.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 16,944 shares of company stock valued at $23,541,085. 4.96% of the stock is currently owned by corporate insiders.

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.