Transdigm Group (NYSE:TDG – Free Report) had its price target lowered by Morgan Stanley from $1,400.00 to $1,300.00 in a report issued on Monday,Benzinga reports. The firm currently has an equal weight rating on the aerospace company’s stock.
TDG has been the subject of several other research reports. Melius Research restated a “hold” rating and set a $1,331.00 price objective on shares of Transdigm Group in a research report on Monday, September 14th. Royal Bank Of Canada decreased their price objective on shares of Transdigm Group from $1,350.00 to $1,200.00 and set a “sector perform” rating on the stock in a report on Thursday, October 15th. Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. UBS Group boosted their target price on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, TD Cowen cut their target price on shares of Transdigm Group from $1,450.00 to $1,300.00 and set a “buy” rating for the company in a research note on Friday, October 9th. Five investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $1,428.40.
View Our Latest Analysis on TDG
Transdigm Group Trading Down 1.3%
Shares of TDG opened at $1,127.87 on Monday. The firm has a market cap of $63.08 billion, a P/E ratio of 30.19, a PEG ratio of 1.64 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 stock’s 50 day moving average is $1,140.71 and its two-hundred day moving average is $1,206.75.
Transdigm Group (NYSE:TDG – Get Free Report) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $2.68 billion. During the same period in the prior year, the company posted $9.60 EPS. The business’s quarterly revenue was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Equities research analysts forecast that Transdigm Group will post 38.81 EPS for the current year.
Insider Transactions at Transdigm Group
In other news, Director W. Howley sold 10,132 shares of the stock in a transaction dated 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 completion of the sale, the director directly owned 21,548 shares in the company, valued at $26,639,361.44. This represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Joel Reiss sold 4,100 shares of the firm’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,060,944. This represents a 53.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 22,032 shares of company stock valued at $26,250,979 over the last quarter. Company insiders own 3.20% of the company’s stock.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of TDG. BlackRock Inc. purchased a new stake in shares of Transdigm Group in the second quarter valued at approximately $6,489,039,000. Stockbridge Partners LLC purchased a new position in Transdigm Group during the second quarter worth approximately $578,480,000. Primecap Management Co. CA purchased a new position in Transdigm Group during the second quarter worth approximately $546,425,000. The Manufacturers Life Insurance Company purchased a new position in Transdigm Group during the second quarter worth approximately $522,754,000. Finally, Bank of New York Mellon Corp acquired a new position in Transdigm Group during the second quarter worth $424,587,000. 95.78% of the stock is owned by hedge funds and other institutional investors.
Transdigm Group Company Profile
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.
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