Transdigm Group (NYSE:TDG) Cut to “Hold” at Wall Street Zen

Wall Street Zen lowered shares of Transdigm Group (NYSE:TDG) from a buy rating to a hold rating in a report published on Monday morning.

Other equities analysts have also issued research reports about the company. Morgan Stanley lowered Transdigm Group from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. BNP Paribas Exane lowered their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a research note on Thursday, May 14th. Weiss Ratings cut Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Deutsche Bank Aktiengesellschaft upped their price target on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a research report on Wednesday, May 6th. Finally, Jefferies Financial Group increased their price objective on shares of Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Seven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat, Transdigm Group has a consensus rating of “Hold” and an average price target of $1,477.47.

Transdigm Group Trading Down 0.8%

NYSE TDG opened at $1,195.34 on Monday. Transdigm Group has a 1-year low of $1,123.61 and a 1-year high of $1,623.82. The company has a 50 day moving average of $1,259.05 and a 200-day moving average of $1,271.34. The firm has a market cap of $66.86 billion, a price-to-earnings ratio of 37.31, a PEG ratio of 2.12 and a beta of 0.90.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, topping the consensus estimate of $9.46 by $0.39. The business had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.Transdigm Group’s revenue was up 18.3% compared to the same quarter last year. During the same period in the previous year, the business earned $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, analysts forecast that Transdigm Group will post 37.77 earnings per share for the current year.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,596,408. This trade represents a 52.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $25,444,309.36. The trade was a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 28,064 shares of company stock worth $34,814,142 over the last quarter. Corporate insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of TDG. IFP Advisors Inc boosted its stake in Transdigm Group by 392.9% in the 4th quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company’s stock worth $2,117,000 after purchasing an additional 1,269 shares during the period. DNB Asset Management AS increased its holdings in Transdigm Group by 11.6% during the 4th quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company’s stock worth $34,342,000 after purchasing an additional 2,685 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of Transdigm Group by 8.0% in the 4th quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company’s stock valued at $22,914,000 after purchasing an additional 1,281 shares during the period. Capital Research Global Investors lifted its holdings in shares of Transdigm Group by 12.2% in the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after purchasing an additional 268,824 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Transdigm Group by 1,830.0% in the fourth quarter. SG Americas Securities LLC now owns 47,072 shares of the aerospace company’s stock valued at $62,599,000 after purchasing an additional 44,633 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Transdigm Group Company Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.

TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.