Transdigm Group (NYSE:TDG) Hits New 12-Month Low – Here’s Why

Transdigm Group Incorporated (NYSE:TDG)’s stock price hit a new 52-week low on Thursday . The company traded as low as $1,123.56 and last traded at $1,120.2220, with a volume of 159336 shares traded. The stock had previously closed at $1,125.68.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on TDG. JPMorgan Chase & Co. raised their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Stifel Nicolaus restated a “hold” rating and issued a $1,405.00 target price (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. UBS Group raised their price target on Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, BMO Capital Markets lifted their price objective on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Six investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, Transdigm Group presently has a consensus rating of “Hold” and an average price target of $1,463.71.

Transdigm Group Stock Down 0.2%

The company has a market cap of $62.86 billion, a PE ratio of 34.12, a P/E/G ratio of 1.90 and a beta of 0.91. The business’s fifty day moving average is $1,231.96 and its 200-day moving average is $1,233.68.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS 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 during the quarter, compared to analysts’ expectations of $2.68 billion. During the same period in the prior year, the company earned $9.60 earnings per share. 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. Analysts forecast that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.

Insider Buying and Selling at Transdigm Group

In related news, 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 transaction of $12,525,988.96. Following the transaction, the director directly owned 21,548 shares in the company, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was 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. The trade was a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 38,196 shares of company stock valued at $48,027,598 over the last 90 days. 3.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. California State Teachers Retirement System grew its stake in shares of Transdigm Group by 120,385.0% during the 2nd quarter. California State Teachers Retirement System now owns 112,352,246 shares of the aerospace company’s stock valued at $149,657,686,000 after acquiring an additional 112,258,996 shares during the period. Capital International Investors raised its stake in Transdigm Group by 0.9% during the 4th quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock worth $8,702,655,000 after acquiring an additional 55,230 shares during the period. BlackRock Inc. purchased a new position in Transdigm Group during the second quarter valued at approximately $6,489,039,000. Capital World Investors boosted 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 purchasing an additional 15,825 shares during the period. Finally, Capital Research Global Investors boosted its position in shares of Transdigm Group by 12.2% in the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after purchasing an additional 268,824 shares during the period. 95.78% of the stock is owned by hedge funds and other institutional investors.

About Transdigm Group

TransDigm Group Incorporated (NYSE: TDG) designs, produces and supplies aircraft components, systems and related aftermarket services. The company focuses primarily on proprietary aerospace products, including mechanical and electromechanical actuators, ignition systems, pumps, valves, sensors, cockpit and data-acquisition systems, power-conditioning equipment, lighting, lavatory components, seat belts and cargo-loading systems.

TransDigm serves commercial and regional airlines, business and general aviation operators, aircraft manufacturers and military customers.