Transdigm Group (NYSE:TDG) Stock Rating Lowered by Morgan Stanley

Transdigm Group (NYSE:TDG) was downgraded by research analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. They currently have a $1,345.00 price objective on the aerospace company’s stock. Morgan Stanley’s price objective points to a potential upside of 10.58% from the stock’s current price.

Several other research firms have also weighed in on TDG. Susquehanna lowered their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a research note on Wednesday, May 6th. JPMorgan Chase & Co. raised their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. TD Cowen lowered their price objective on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Weiss Ratings lowered shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, June 2nd. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a “hold” rating in a report on Wednesday, May 6th. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $1,477.47.

Transdigm Group Stock Performance

TDG opened at $1,216.33 on Wednesday. The company has a 50-day moving average of $1,259.06 and a 200-day moving average of $1,275.81. The company has a market capitalization of $68.03 billion, a P/E ratio of 37.96, a PEG ratio of 2.16 and a beta of 0.90. Transdigm Group has a 1-year low of $1,123.61 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, beating the consensus estimate of $9.46 by $0.39. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The firm had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.47 billion. During the same period in the previous year, the company earned $9.11 earnings per share. Transdigm Group’s quarterly revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, sell-side analysts expect that Transdigm Group will post 37.96 earnings per share for the current fiscal year.

Insider Activity at Transdigm Group

In related news, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the completion of the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $28,433,663.40. This represents a 31.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,596,408. This represents a 52.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 38,196 shares of company stock worth $47,631,730 in the last 90 days. 3.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Transdigm Group

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Central Pacific Bank Trust Division grew its position in shares of Transdigm Group by 44.4% in the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after buying an additional 8 shares during the last quarter. Family Legacy Inc. boosted its stake in Transdigm Group by 0.3% in the fourth quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after acquiring an additional 8 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Transdigm Group by 17.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock worth $73,000 after purchasing an additional 8 shares during the last quarter. CYBER HORNET ETFs LLC grew its holdings in Transdigm Group by 6.1% in the third quarter. CYBER HORNET ETFs LLC now owns 156 shares of the aerospace company’s stock worth $206,000 after purchasing an additional 9 shares during the last quarter. Finally, Patton Fund Management Inc. increased its position in shares of Transdigm Group by 5.7% during the fourth quarter. Patton Fund Management Inc. now owns 167 shares of the aerospace company’s stock worth $222,000 after purchasing an additional 9 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

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.