Transdigm Group (NYSE:TDG) Raised to Strong-Buy at BNP Paribas

Transdigm Group (NYSE:TDG) was upgraded by equities researchers at BNP Paribas to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

Several other equities analysts also recently commented on the company. Truist Financial cut their price objective on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research report on Wednesday, October 15th. Morgan Stanley raised their price target on Transdigm Group from $1,600.00 to $1,660.00 and gave the company an “overweight” rating in a research note on Friday, November 14th. Stifel Nicolaus cut their price objective on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a report on Thursday, November 13th. Susquehanna reduced their price objective on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research note on Thursday, October 9th. Finally, Royal Bank Of Canada increased their target price on Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Transdigm Group presently has a consensus rating of “Moderate Buy” and an average target price of $1,576.29.

Transdigm Group Stock Up 0.2%

Transdigm Group stock traded up $3.15 during midday trading on Tuesday, reaching $1,344.34. The stock had a trading volume of 32,590 shares, compared to its average volume of 299,531. The firm has a market cap of $75.71 billion, a price-to-earnings ratio of 44.62, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02. Transdigm Group has a 52-week low of $1,183.60 and a 52-week high of $1,623.82. The company has a fifty day moving average of $1,299.94 and a 200 day moving average of $1,400.69.

Transdigm Group (NYSE:TDG) last released its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The firm had revenue of $2.44 billion for the quarter, compared to analysts’ expectations of $2.40 billion. During the same quarter in the prior year, the firm posted $9.83 earnings per share. The company’s quarterly revenue was up 11.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Equities research analysts predict that Transdigm Group will post 35.13 EPS for the current year.

Insider Buying and Selling

In related news, Director Kevin M. Stein sold 7,191 shares of the business’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $1,361.57, for a total value of $9,791,049.87. Following the completion of the transaction, the director directly owned 8,158 shares in the company, valued at $11,107,688.06. The trade was a 46.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Michael Lisman acquired 1,954 shares of the company’s stock in a transaction on Friday, November 14th. The stock was acquired at an average cost of $1,339.14 per share, for a total transaction of $2,616,679.56. Following the completion of the acquisition, the chief executive officer owned 1,954 shares of the company’s stock, valued at $2,616,679.56. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 33,629 shares of company stock valued at $44,369,174 in the last three months. 4.09% of the stock is currently owned by company insiders.

Institutional Trading of Transdigm Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Private Advisor Group LLC increased its stake in Transdigm Group by 11.1% during the first quarter. Private Advisor Group LLC now owns 2,251 shares of the aerospace company’s stock worth $3,114,000 after purchasing an additional 225 shares during the period. IFP Advisors Inc lifted its holdings in shares of Transdigm Group by 13.4% in the 1st quarter. IFP Advisors Inc now owns 271 shares of the aerospace company’s stock valued at $374,000 after purchasing an additional 32 shares during the last quarter. J.W. Cole Advisors Inc. acquired a new stake in shares of Transdigm Group in the first quarter valued at approximately $1,140,000. Crestwood Advisors Group LLC purchased a new position in shares of Transdigm Group during the first quarter worth about $275,000. Finally, PFG Advisors increased its stake in Transdigm Group by 57.8% in the 1st quarter. PFG Advisors now owns 1,190 shares of the aerospace company’s stock valued at $1,646,000 after buying an additional 436 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

About Transdigm Group

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.