Brokerages Set Transdigm Group Incorporated (NYSE:TDG) PT at $1,463.71

Shares of Transdigm Group Incorporated (NYSE:TDG) have earned an average rating of “Hold” from the seventeen brokerages that are currently covering the stock, MarketBeat Ratings reports. Eleven research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $1,463.7143.

A number of research firms have weighed in on TDG. BMO Capital Markets lifted their price objective on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. BNP Paribas Exane dropped their target price on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Royal Bank Of Canada cut their target price on Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a research report on Wednesday, May 6th. Weiss Ratings lowered Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. boosted their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research note on Monday, June 15th.

Insiders Place Their Bets

In other news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction on Monday, May 18th. The shares were 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 in the company, valued at approximately $25,444,309.36. The trade was a 31.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,596,408. The trade was a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 34,296 shares of company stock valued at $42,634,513. Company insiders own 3.20% of the company’s stock.

Institutional Trading of Transdigm Group

Large investors have recently added to or reduced their stakes in the company. Empowered Funds LLC increased its holdings in shares of Transdigm Group by 5.0% during the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after buying an additional 65 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Transdigm Group by 92.3% in the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after acquiring an additional 131 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Transdigm Group by 152.9% in the 2nd quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock worth $3,138,000 after acquiring an additional 1,248 shares in the last quarter. Sei Investments Co. grew its position in Transdigm Group by 25.4% during the 2nd quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock worth $50,227,000 after acquiring an additional 6,697 shares during the last quarter. Finally, Treasurer of the State of North Carolina grew its position in Transdigm Group by 3.6% during the 2nd quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock worth $39,264,000 after acquiring an additional 902 shares during the last quarter. 95.78% of the stock is owned by institutional investors.

Transdigm Group Stock Performance

NYSE:TDG opened at $1,254.46 on Tuesday. The company has a 50-day moving average of $1,271.84 and a 200-day moving average of $1,254.02. Transdigm Group has a 52 week low of $1,123.61 and a 52 week high of $1,463.03. The company has a market capitalization of $70.16 billion, a price-to-earnings ratio of 38.06, a PEG ratio of 2.10 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, beating analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. During the same quarter in the previous year, the firm posted $9.60 earnings per share. The firm’s revenue for the quarter was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Sell-side analysts forecast that Transdigm Group will post 38.81 EPS for the current year.

About Transdigm Group

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.