Transdigm Group Incorporated (NYSE:TDG) Receives Consensus Rating of “Hold” from Brokerages

Transdigm Group Incorporated (NYSE:TDG) has received a consensus rating of “Hold” from the eighteen research firms that are presently covering the stock, MarketBeat Ratings reports. Thirteen equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $1,444.87.

Several research analysts have issued reports on the company. BMO Capital Markets dropped their price objective on Transdigm Group from $1,525.00 to $1,400.00 and set an “outperform” rating for the company in a research note on Monday, September 28th. JPMorgan Chase & Co. cut their price target on shares of Transdigm Group from $1,450.00 to $1,415.00 and set a “neutral” rating for the company in a report on Thursday, September 17th. Wells Fargo & Company cut their target price on shares of Transdigm Group from $1,450.00 to $1,210.00 and set an “equal weight” rating for the company in a research note on Wednesday, September 30th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $1,350.00 target price on shares of Transdigm Group in a research note on Wednesday, September 16th. Finally, Guggenheim initiated coverage on Transdigm Group in a report on Tuesday, September 15th. They set a “neutral” rating on the stock.

Transdigm Group Trading Up 0.0%

TDG opened at $1,090.81 on Wednesday. The stock’s 50 day simple moving average is $1,177.65 and its 200-day simple moving average is $1,211.52. The stock has a market cap of $61.01 billion, a PE ratio of 33.10, a P/E/G ratio of 1.54 and a beta of 0.96. Transdigm Group has a 1 year low of $1,071.25 and a 1 year high of $1,463.03.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $2.68 billion. During the same period in the previous year, the business earned $9.60 EPS. The firm’s revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Equities analysts forecast that Transdigm Group will post 38.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $1,094.58, for a total value of $4,268,862.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $3,940,488. The trade was a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director W. Howley sold 10,132 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the completion of the transaction, the director owned 21,548 shares of the company’s stock, valued at $26,639,361.44. The trade was a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 28,064 shares of company stock valued at $33,947,338 in the last three months. Insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Transdigm Group

A number of institutional investors and hedge funds have recently bought and sold shares of TDG. Capital Research Global Investors lifted its stake in shares of Transdigm Group by 12.2% during the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after buying an additional 268,824 shares in the last quarter. Capital World Investors raised its position in shares of Transdigm Group by 0.4% in the fourth quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock worth $5,258,898,000 after buying an additional 15,825 shares in the last quarter. Stockbridge Partners LLC bought a new stake in shares of Transdigm Group during the 2nd quarter valued at about $578,480,000. Goodnow Investment Group LLC lifted its position in Transdigm Group by 7.6% during the fourth quarter. Goodnow Investment Group LLC now owns 15,442 shares of the aerospace company’s stock valued at $20,536,000 after purchasing an additional 1,095 shares during the last quarter. Finally, IFM Investors Pty Ltd purchased a new position in Transdigm Group in the 1st quarter worth approximately $5,772,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

About Transdigm Group

TransDigm Group Incorporated is an aerospace manufacturing company that designs, produces and supplies highly engineered aircraft components, systems and related products. Its offerings include engine and airframe components, ignition systems, pumps, valves, cockpit and cabin equipment, data and control systems, and other specialized products used on commercial, business, general aviation and military aircraft.

The company serves both original equipment manufacturers and the aftermarket.