TransDigm Group Incorporated (NYSE:TDG) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its position in TransDigm Group Incorporated (NYSE:TDGFree Report) by 1.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 338,106 shares of the aerospace company’s stock after buying an additional 4,481 shares during the period. Charles Schwab Investment Management Inc. owned about 0.60% of TransDigm Group worth $482,521,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Clearbridge Investments LLC acquired a new stake in TransDigm Group in the 1st quarter worth about $5,699,000. Pitcairn Co. acquired a new stake in shares of TransDigm Group during the 1st quarter worth approximately $245,000. Canada Pension Plan Investment Board grew its position in TransDigm Group by 4.2% in the first quarter. Canada Pension Plan Investment Board now owns 128,229 shares of the aerospace company’s stock worth $157,927,000 after acquiring an additional 5,216 shares during the period. LRI Investments LLC purchased a new stake in TransDigm Group in the first quarter valued at $160,000. Finally, Lazard Asset Management LLC increased its position in shares of TransDigm Group by 31.2% during the 1st quarter. Lazard Asset Management LLC now owns 395 shares of the aerospace company’s stock worth $486,000 after purchasing an additional 94 shares during the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports 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 boosted their price target on shares of TransDigm Group from $1,550.00 to $1,575.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 7th. UBS Group decreased their price objective on TransDigm Group from $1,466.00 to $1,423.00 and set a “neutral” rating for the company in a research note on Wednesday, August 7th. Susquehanna lifted 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 report on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on 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 equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,461.82.

View Our Latest Stock Report on TransDigm Group

Insider Transactions at TransDigm Group

In other news, Director W Nicholas Howley sold 5,472 shares of the business’s 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 value of $7,676,395.20. Following the completion of the sale, the director now directly owns 21,548 shares in the company, valued at approximately $30,228,611.80. The trade was a 20.25 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief operating officer now owns 3,600 shares in the company, valued at approximately $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. Over the last three months, insiders have sold 16,944 shares of company stock valued at $23,541,085. Corporate insiders own 4.96% of the company’s stock.

TransDigm Group Stock Down 4.1 %

TDG opened at $1,240.13 on Friday. The company has a market cap of $69.73 billion, a P/E ratio of 48.44, a P/E/G ratio of 2.21 and a beta of 1.43. The company has a 50 day moving average of $1,361.91 and a two-hundred day moving average of $1,318.48. TransDigm Group Incorporated has a 52-week low of $949.99 and a 52-week high of $1,451.32.

TransDigm Group Increases Dividend

The business also recently declared 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 was Friday, October 4th. This is a positive change from TransDigm Group’s previous special dividend of $32.50.

About TransDigm Group

(Free Report)

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.

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Institutional Ownership by Quarter for TransDigm Group (NYSE:TDG)

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