Transdigm Group Incorporated (NYSE:TDG) Stock Has Consensus Target Price of $1,428.40 According to Analysts

Transdigm Group Incorporated (NYSE:TDG – Get Free Report) has received an average recommendation of “Hold” from the eighteen analysts that are presently covering the company, Marketbeat.com reports. Thirteen investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $1,428.40.

A number of research analysts recently weighed in on the company. UBS Group upped their price objective on Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. TD Cowen reduced their target price on Transdigm Group from $1,450.00 to $1,300.00 and set a “buy” rating on the stock in a research note on Friday, October 9th. Royal Bank Of Canada lowered their price target on shares of Transdigm Group from $1,350.00 to $1,200.00 and set a “sector perform” rating for the company in a report on Thursday, October 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Transdigm Group in a research note on Friday, August 28th. Finally, Wells Fargo & Company dropped their price target on shares of Transdigm Group from $1,450.00 to $1,210.00 and set an “equal weight” rating for the company in a research report on Wednesday, September 30th.

Check Out Our Latest Analysis on TDG

Insider Transactions at Transdigm Group

In other news, COO Joel Reiss sold 4,100 shares of the firm’s stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,060,944. This trade represents a 53.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director W. Howley sold 10,132 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the sale, the director owned 21,548 shares in the company, valued at $26,639,361.44. The trade was a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 22,032 shares of company stock worth $26,250,979. 3.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TDG. BlackRock Inc. acquired a new position in Transdigm Group during the second quarter worth about $6,489,039,000. State Street Corp lifted its holdings in shares of Transdigm Group by 1.7% in the second quarter. State Street Corp now owns 2,559,096 shares of the aerospace company’s stock valued at $3,408,818,000 after purchasing an additional 42,490 shares in the last quarter. Soroban Capital Partners LP lifted its stake in Transdigm Group by 14.5% in the 1st quarter. Soroban Capital Partners LP now owns 856,197 shares of the aerospace company’s stock worth $992,298,000 after acquiring an additional 108,227 shares in the last quarter. Stockbridge Partners LLC acquired a new stake in shares of Transdigm Group during the second quarter worth approximately $578,480,000. Finally, Primecap Management Co. CA acquired a new position in Transdigm Group in the 2nd quarter valued at approximately $546,425,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Price Performance

Shares of Transdigm Group stock opened at $1,131.51 on Friday. The stock has a market capitalization of $63.29 billion, a price-to-earnings ratio of 34.33 and a beta of 0.96. Transdigm Group has a 12 month low of $1,071.25 and a 12 month high of $1,463.03. The firm’s fifty day simple moving average is $1,132.91 and its 200-day simple moving average is $1,232.20.

Transdigm Group (NYSE:TDG – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping the consensus estimate of $10.30 by $0.57. The company had revenue of $2.74 billion for the quarter, compared to analysts’ expectations of $2.68 billion. Transdigm Group’s revenue for the quarter was up 22.5% compared to the same quarter last year. During the same quarter last year, the company earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Analysts anticipate that Transdigm Group will post 38.81 earnings per share for the current year.

Transdigm Group Company Profile

(Get Free Report)

TransDigm Group Incorporated (NYSE: TDG) is a global aerospace manufacturing company that designs, produces and supplies aircraft components, systems and related products. Its portfolio includes mechanical and electrical systems, cockpit and cabin products, airframe components, power and control systems, engine components, and other specialized equipment used in commercial, business and general aviation, and military aircraft.

The company serves aircraft manufacturers, airlines, aircraft operators, maintenance providers and defense customers.

Further Reading

Analyst Recommendations for Transdigm Group (NYSE:TDG)

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