Analysts Set Transdigm Group Incorporated (NYSE:TDG) Price Target at $1,463.71
by Sarita Garza · The Markets DailyShares of Transdigm Group Incorporated (NYSE:TDG – Get Free Report) have earned an average rating of “Hold” from the seventeen research firms that are presently covering the stock, MarketBeat Ratings reports. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $1,463.7143.
Several analysts have recently weighed in on TDG shares. Wall Street Zen downgraded Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Morgan Stanley downgraded shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. BMO Capital Markets raised their target price on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Stifel Nicolaus reaffirmed a “hold” rating and set a $1,405.00 price target (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Finally, UBS Group boosted their price target on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a report on Wednesday, August 5th.
Check Out Our Latest Stock Report on TDG
Transdigm Group Trading Up 0.0%
TDG stock opened at $1,162.19 on Friday. The stock has a market cap of $65.00 billion, a PE ratio of 35.26, a P/E/G ratio of 1.93 and a beta of 0.91. Transdigm Group has a 12 month low of $1,123.61 and a 12 month high of $1,463.03. The company has a 50-day moving average price of $1,239.18 and a 200 day moving average price of $1,236.28.
Transdigm Group (NYSE:TDG – Get Free Report) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.30 by $0.57. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The business had revenue of $2.74 billion during the quarter, compared to analyst estimates of $2.68 billion. During the same quarter in the previous year, the business earned $9.60 earnings per share. The company’s revenue for the quarter was up 22.5% compared to the same quarter last year. 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.
Insider Transactions at Transdigm Group
In other news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,459,536. This represents a 52.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director W. Howley sold 10,132 shares of the 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 transaction, the director owned 21,548 shares in the company, valued at approximately $26,639,361.44. This represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 38,196 shares of company stock valued at $48,027,598. 3.20% of the stock is owned by insiders.
Hedge Funds Weigh In On Transdigm Group
Several institutional investors and hedge funds have recently added to or reduced their stakes in TDG. Elyxium Wealth LLC acquired a new position in shares of Transdigm Group during the fourth quarter worth $25,000. Burkett Financial Services LLC acquired a new stake in shares of Transdigm Group during the second quarter worth about $25,000. MCF Advisors LLC boosted its position in Transdigm Group by 900.0% in the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after buying an additional 18 shares during the last quarter. Transamerica Financial Advisors LLC increased its holdings in Transdigm Group by 1,900.0% in the 4th quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after buying an additional 19 shares during the period. Finally, Colonial Trust Co SC raised its position in Transdigm Group by 162.5% during the 4th quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock worth $29,000 after buying an additional 13 shares during the last quarter. Hedge funds and other 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.
See Also
- Five stocks we like better than Transdigm Group
- 3 Under-the-Radar Defense Stocks With Record Backlogs
- This Korea ETF Has Soared, But the Rally May Not Be Over
- Why Guidewire’s Post-Earnings Plunge May Not Last
- Ride-Share Reckoning: Tesla Drives Into Uber’s Lane