Transdigm Group (NYSE:TDG) Upgraded by BNP Paribas to Strong-Buy Rating

BNP Paribas upgraded shares of Transdigm Group (NYSE:TDG) to a strong-buy rating in a report published on Tuesday morning,Zacks.com reports.

Other analysts also recently issued research reports about the company. BMO Capital Markets boosted their price target on 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. JPMorgan Chase & Co. lifted their target price on Transdigm Group from $1,405.00 to $1,435.00 and gave the stock a “neutral” rating in a report on Friday, November 14th. Royal Bank Of Canada increased 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 reduced their price target on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research report on Friday, August 8th. Finally, BNP Paribas Exane assumed coverage on shares of Transdigm Group in a report on Tuesday. They issued an “outperform” rating and a $1,775.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,576.29.

Transdigm Group Stock Up 1.1%

Shares of Transdigm Group stock traded up $14.63 during midday trading on Tuesday, hitting $1,355.82. The company had a trading volume of 16,172 shares, compared to its average volume of 299,456. Transdigm Group has a 12-month low of $1,183.60 and a 12-month high of $1,623.82. The stock has a market cap of $76.36 billion, a price-to-earnings ratio of 45.10, a PEG ratio of 3.25 and a beta of 1.02. The company has a fifty day simple moving average of $1,299.94 and a 200 day simple moving average of $1,400.69.

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

Insider Buying and Selling at Transdigm Group

In other news, Director Kevin M. Stein sold 7,191 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were sold at an average price of $1,361.57, for a total transaction of $9,791,049.87. Following the completion of the sale, the director owned 8,158 shares of the company’s stock, valued at $11,107,688.06. This represents a 46.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Robert J. Small sold 5,000 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $1,276.98, for a total transaction of $6,384,900.00. Following the sale, the director directly owned 83,419 shares of the company’s stock, valued at approximately $106,524,394.62. This represents a 5.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 33,629 shares of company stock valued at $44,369,174. Insiders own 4.09% of the company’s stock.

Institutional Investors Weigh In On Transdigm Group

Several hedge funds and other institutional investors have recently bought and sold shares of TDG. Captrust Financial Advisors boosted its holdings in Transdigm Group by 10.8% in the 3rd quarter. Captrust Financial Advisors now owns 2,194 shares of the aerospace company’s stock valued at $2,891,000 after purchasing an additional 213 shares during the last quarter. Danske Bank A S acquired a new stake in shares of Transdigm Group during the 3rd quarter worth approximately $93,706,000. Laurion Capital Management LP purchased a new stake in shares of Transdigm Group during the 3rd quarter valued at approximately $228,000. CANADA LIFE ASSURANCE Co grew its position in Transdigm Group by 2.8% in the third quarter. CANADA LIFE ASSURANCE Co now owns 23,134 shares of the aerospace company’s stock worth $29,808,000 after acquiring an additional 636 shares during the period. Finally, CYBER HORNET ETFs LLC increased its stake in Transdigm Group by 6.1% during the third quarter. CYBER HORNET ETFs LLC now owns 156 shares of the aerospace company’s stock worth $206,000 after acquiring an additional 9 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

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.