Transdigm Group (NYSE:TDG) Stock Gets Price Target Reduction from Royal Bank Of Canada

Transdigm Group (NYSE:TDG) had its price target dropped by equities researchers at Royal Bank Of Canada from $1,350.00 to $1,200.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has a “sector perform” rating on the aerospace company’s stock. Royal Bank Of Canada’s target price would suggest a potential upside of 6.66% from the stock’s current price.

A number of other brokerages also recently issued reports on TDG. Melius Research reiterated a “hold” rating and issued a $1,331.00 price target on shares of Transdigm Group in a report on Monday, September 14th. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. UBS Group upped their target price on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a research report on Wednesday, August 5th. JPMorgan Chase & Co. lowered their target price on shares of Transdigm Group from $1,450.00 to $1,415.00 and set a “neutral” rating on the stock in a research report on Thursday, September 17th. Finally, Guggenheim initiated coverage on shares of Transdigm Group in a report on Tuesday, September 15th. They issued a “neutral” rating for the company. Five investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, Transdigm Group currently has a consensus rating of “Hold” and an average target price of $1,431.40.

Transdigm Group Stock Performance

NYSE:TDG traded up $15.33 during trading hours on Thursday, hitting $1,125.10. The company’s stock had a trading volume of 49,661 shares, compared to its average volume of 391,418. Transdigm Group has a 52-week low of $1,071.25 and a 52-week high of $1,463.03. The business’s 50-day moving average is $1,150.54 and its two-hundred day moving average is $1,207.36. The company has a market capitalization of $62.93 billion, a PE ratio of 34.12, a PEG ratio of 1.57 and a beta of 0.96.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The business’s revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the firm earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, analysts predict that Transdigm Group will post 38.87 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $1,094.58, for a total value of $4,268,862.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at $3,940,488. This trade represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director W. Howley sold 10,132 shares of Transdigm Group stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $26,639,361.44. This trade represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 28,064 shares of company stock worth $33,947,338. 3.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Transdigm Group

A number of large investors have recently added to or reduced their stakes in TDG. Burkett Financial Services LLC acquired a new position in Transdigm Group during the second quarter worth about $25,000. Western Wealth Management LLC acquired a new stake in shares of Transdigm Group in the first quarter valued at approximately $30,000. Meeder Asset Management Inc. acquired a new stake in shares of Transdigm Group in the second quarter valued at approximately $31,000. Trust Co. of Vermont purchased a new position in shares of Transdigm Group during the 2nd quarter worth approximately $33,000. Finally, Financial Life Planners purchased a new position in shares of Transdigm Group during the 1st quarter worth approximately $34,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Transdigm Group Company Profile

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.