BMO Capital Markets Cuts Transdigm Group (NYSE:TDG) Price Target to $1,400.00

Transdigm Group (NYSE:TDG) had its price objective cut by BMO Capital Markets from $1,525.00 to $1,400.00 in a research report sent to investors on Monday, MarketBeat reports. They currently have an outperform rating on the aerospace company’s stock.

TDG has been the topic of a number of other research reports. Melius Research reissued a “hold” rating and issued a $1,331.00 target price on shares of Transdigm Group in a research note on Monday, September 14th. UBS Group lifted 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. Stifel Nicolaus reiterated a “hold” rating and issued a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. Guggenheim initiated coverage on Transdigm Group in a research report on Tuesday, September 15th. They set a “neutral” rating on the stock. Finally, Wall Street Zen cut Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Five investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $1,444.87.

Transdigm Group Stock Down 1.5%

Shares of NYSE TDG opened at $1,083.76 on Monday. The stock’s 50-day simple moving average is $1,182.91 and its two-hundred day simple moving average is $1,213.45. Transdigm Group has a twelve month low of $1,071.25 and a twelve month high of $1,463.03. The firm has a market capitalization of $60.61 billion, a P/E ratio of 32.88, a P/E/G ratio of 1.82 and a beta of 0.91.

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

Insider Transactions at Transdigm Group

In other news, Director W. Howley sold 10,132 shares of Transdigm Group stock in a transaction dated 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 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at approximately $3,940,488. This trade represents a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 28,064 shares of company stock worth $33,947,338 over the last ninety days. Insiders own 3.20% of the company’s stock.

Institutional Trading of Transdigm Group

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital Research Global Investors increased its position in Transdigm Group by 12.2% during the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after acquiring an additional 268,824 shares during the last quarter. Capital World Investors grew its stake in shares of Transdigm Group by 0.4% during the 4th quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock valued at $5,258,898,000 after purchasing an additional 15,825 shares during the period. Goodnow Investment Group LLC grew its stake in shares of Transdigm Group by 7.6% during the 4th 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 period. Stockbridge Partners LLC purchased a new stake in shares of Transdigm Group during the 2nd quarter valued at about $578,480,000. Finally, Prudential PLC boosted its holdings in shares of Transdigm Group by 299.3% in the fourth quarter. Prudential PLC now owns 4,229 shares of the aerospace company’s stock worth $5,624,000 after buying an additional 3,170 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

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.