Transdigm Group (NYSE:TDG) Now Covered by BNP Paribas Exane

Investment analysts at BNP Paribas Exane began coverage on shares of Transdigm Group (NYSE:TDG) in a report issued on Tuesday. The brokerage set an “outperform” rating and a $1,775.00 price target on the aerospace company’s stock. BNP Paribas Exane’s price target points to a potential upside of 31.00% from the company’s previous close.

A number of other analysts have also commented on TDG. BMO Capital Markets boosted their price target on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. Royal Bank Of Canada upped their price target on shares of Transdigm Group from $1,385.00 to $1,400.00 and gave the stock a “sector perform” rating in a report on Thursday, November 13th. KeyCorp cut their target price on Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Zacks Research downgraded shares of Transdigm Group from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Transdigm Group from $1,405.00 to $1,435.00 and gave the company a “neutral” rating in a research note on Friday. Thirteen research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Transdigm Group presently has an average rating of “Moderate Buy” and an average target price of $1,576.29.

Transdigm Group Stock Performance

Shares of NYSE TDG traded up $19.16 during midday trading on Tuesday, reaching $1,354.93. The company’s stock had a trading volume of 31,551 shares, compared to its average volume of 298,984. Transdigm Group has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The company has a market cap of $76.31 billion, a P/E ratio of 44.93, a P/E/G ratio of 3.25 and a beta of 1.02. The business’s 50 day moving average price is $1,298.08 and its two-hundred day moving average price is $1,401.78.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $10.33 by $0.49. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The company had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same period in the previous year, the firm posted $9.83 EPS. The firm’s revenue was up 11.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. Sell-side analysts forecast that Transdigm Group will post 35.13 earnings per share for the current fiscal year.

Insider Activity

In other Transdigm Group news, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction on Monday, October 20th. The stock was sold at an average price of $1,279.59, for a total value of $3,838,770.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,606,524. This trade represents a 45.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Patrick Joseph Murphy sold 290 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $1,310.00, for a total value of $379,900.00. Following the transaction, the chief operating officer directly owned 1,055 shares in the company, valued at approximately $1,382,050. The trade was a 21.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 25,538 shares of company stock valued at $33,570,334. Company insiders own 4.09% of the company’s stock.

Institutional Investors Weigh In On Transdigm Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Salomon & Ludwin LLC bought a new position in Transdigm Group in the third quarter worth approximately $26,000. Saudi Central Bank bought a new stake in Transdigm Group during the first quarter valued at about $30,000. Wealth Watch Advisors INC purchased a new position in shares of Transdigm Group in the third quarter valued at about $34,000. Bank of Jackson Hole Trust boosted its stake in shares of Transdigm Group by 84.6% in the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock worth $36,000 after acquiring an additional 11 shares during the period. Finally, Hantz Financial Services Inc. grew its position in shares of Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock worth $41,000 after purchasing an additional 25 shares in the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

About Transdigm Group

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.