Transdigm Group Incorporated (NYSE:TDG – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock 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.
Analyst Ratings Changes
TDG has been the topic of several research reports. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. JPMorgan Chase & Co. raised their price objective on Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research report on Monday, June 15th. BMO Capital Markets boosted their target price on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Transdigm Group in a research report on Friday, August 28th. Finally, Morgan Stanley lowered shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. Six analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $1,463.71.
Read Our Latest Research Report on TDG
Transdigm Group Trading Down 0.2%
Transdigm Group (NYSE:TDG – Get Free Report) last announced its quarterly earnings data 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. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The business had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.68 billion. During the same quarter in the previous year, the business earned $9.60 earnings per share. The firm’s quarterly revenue was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, research analysts forecast that Transdigm Group Incorporated will post 38.81 EPS for the current year.
Insider Transactions at Transdigm Group
In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $1,238.76, for a total transaction of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,459,536. This trade represents a 52.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director W. Howley sold 10,132 shares of Transdigm Group stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the completion of the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $26,204,091.84. This trade represents a 31.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 38,196 shares of company stock worth $48,027,598. 3.20% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Transdigm Group
Several institutional investors and hedge funds have recently made changes to their positions in TDG. Elyxium Wealth LLC purchased a new stake in Transdigm Group during the 4th quarter valued at $25,000. Burkett Financial Services LLC purchased a new position in shares of Transdigm Group in the second quarter worth $25,000. MCF Advisors LLC raised its stake 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 worth $27,000 after purchasing an additional 18 shares during the last quarter. Transamerica Financial Advisors LLC lifted its holdings in shares of Transdigm Group by 1,900.0% during the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 19 shares in the last quarter. Finally, Colonial Trust Co SC lifted its holdings in shares of Transdigm Group by 162.5% during the fourth quarter. Colonial Trust Co SC now owns 21 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 13 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.
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.
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