Shares of Transdigm Group Incorporated (NYSE:TDG – Get Free Report) have been given an average rating of “Hold” by the seventeen brokerages that are currently covering the firm, Marketbeat reports. Ten investment analysts have rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $1,477.4667.
A number of research firms recently weighed in on TDG. Stifel Nicolaus reduced their price target on Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Susquehanna dropped their price objective on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. Deutsche Bank Aktiengesellschaft boosted their price objective on Transdigm Group from $1,306.00 to $1,350.00 and gave the company a “hold” rating in a research report on Wednesday, May 6th. Wells Fargo & Company initiated coverage on Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 target price on the stock. Finally, Jefferies Financial Group lifted their price target on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th.
Check Out Our Latest Analysis on Transdigm Group
Transdigm Group Stock Performance
Transdigm Group (NYSE:TDG – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter in the prior year, the firm posted $9.11 earnings per share. The company’s revenue was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, equities research analysts forecast that Transdigm Group will post 37.77 earnings per share for the current year.
Insider Buying and Selling at Transdigm Group
In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction dated 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 sale, the chief operating officer owned 3,600 shares in the company, valued at $4,596,408. This trade represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the sale, the director directly owned 21,548 shares of the company’s stock, valued at $25,444,309.36. This represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 28,064 shares of company stock worth $34,814,142. Insiders own 3.20% of the company’s stock.
Hedge Funds Weigh In On Transdigm Group
A number of hedge funds have recently made changes to their positions in TDG. Ares Financial Consulting LLC acquired a new stake in Transdigm Group during the 4th quarter worth $25,000. Elyxium Wealth LLC purchased a new stake 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 in the second quarter valued at about $25,000. MCF Advisors LLC raised its position in shares of 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. Finally, Transamerica Financial Advisors LLC lifted its stake in shares of Transdigm Group by 1,900.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after buying an additional 19 shares in the last quarter. Institutional investors and hedge funds 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.
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