Sustainable Insight Capital Management LLC Buys 549 Shares of TransDigm Group Incorporated (NYSE:TDG)

Sustainable Insight Capital Management LLC raised its holdings in shares of TransDigm Group Incorporated (NYSE:TDG - Free Report) by 26.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,623 shares of the aerospace company's stock after acquiring an additional 549 shares during the period. TransDigm Group makes up about 1.7% of Sustainable Insight Capital Management LLC's portfolio, making the stock its 16th biggest position. Sustainable Insight Capital Management LLC's holdings in TransDigm Group were worth $3,743,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of TDG. First Personal Financial Services purchased a new stake in shares of TransDigm Group during the third quarter worth approximately $29,000. Fortitude Family Office LLC grew its position in TransDigm Group by 283.3% in the second quarter. Fortitude Family Office LLC now owns 23 shares of the aerospace company's stock worth $29,000 after acquiring an additional 17 shares during the period. DT Investment Partners LLC raised its position in TransDigm Group by 68.8% in the third quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock valued at $39,000 after purchasing an additional 11 shares during the period. Meeder Asset Management Inc. grew its holdings 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. Finally, Hershey Financial Advisers LLC purchased a new stake in TransDigm Group in the 2nd quarter valued at about $41,000. Hedge funds and other institutional investors own 95.78% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on TDG shares. StockNews.com cut shares of TransDigm Group from a "buy" rating to a "hold" rating in a research report on Monday, August 5th. Wells Fargo & Company dropped their price target on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an "equal weight" rating for the company in a research note on Wednesday, August 7th. Susquehanna upped their price target on TransDigm Group from $1,200.00 to $1,250.00 and gave the stock a "neutral" rating in a report on Wednesday, August 7th. JPMorgan Chase & Co. boosted their price objective on TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a "neutral" rating in a research report on Monday, October 14th. Finally, UBS Group reduced 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 report on Wednesday, August 7th. Eight analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $1,461.82.

Insider Buying and Selling at TransDigm Group

In other news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $1,375.89, for a total value of $4,127,670.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $4,953,204. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director W Nicholas Howley sold 5,472 shares of the company's stock in a transaction on Monday, September 16th. The stock was 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 of the company's stock, valued at approximately $29,659,098.16. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the stock in a transaction on Monday, September 16th. The stock was sold at an average price of $1,375.89, for a total value of $4,127,670.00. Following the sale, the chief operating officer now owns 3,600 shares of the company's stock, valued at approximately $4,953,204. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 26,944 shares of company stock worth $35,823,485 in the last 90 days. 4.96% of the stock is owned by corporate insiders.

TransDigm Group Price Performance

NYSE TDG traded up $21.59 during mid-day trading on Friday, hitting $1,350.98. The company's stock had a trading volume of 245,524 shares, compared to its average volume of 203,639. TransDigm Group Incorporated has a 52-week low of $935.84 and a 52-week high of $1,451.32. The firm has a market capitalization of $75.80 billion, a P/E ratio of 52.77, a price-to-earnings-growth ratio of 1.83 and a beta of 1.43. The stock's fifty day simple moving average is $1,368.14 and its two-hundred day simple moving average is $1,316.66.

TransDigm Group Increases Dividend

The company also recently disclosed a special dividend, which was paid on Friday, October 18th. Shareholders 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 of this dividend was Friday, October 4th.

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.