Transdigm Group (NYSE:TDG – Get Free Report) had its price target raised by UBS Group from $1,798.00 to $1,804.00 in a report released on Thursday,Benzinga reports. The firm presently has a “buy” rating on the aerospace company’s stock. UBS Group’s target price would indicate a potential upside of 26.26% from the stock’s previous close.
A number of other research firms also recently weighed in on TDG. BNP Paribas Exane assumed coverage on shares of Transdigm Group in a research report on Tuesday, November 18th. They issued an “outperform” rating and a $1,775.00 target price on the stock. Royal Bank Of Canada increased their target price on Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. Susquehanna dropped their price objective on Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research note on Thursday, October 9th. Finally, BNP Paribas upgraded shares of Transdigm Group to a “strong-buy” rating in a report on Tuesday, November 18th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,597.00.
Check Out Our Latest Stock Analysis on Transdigm Group
Transdigm Group Stock Up 0.3%
Transdigm Group (NYSE:TDG – Get Free Report) last announced its quarterly earnings data on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, beating the consensus estimate of $10.33 by $0.49. The business had revenue of $2.44 billion during the quarter, compared to analyst estimates of $2.40 billion. Transdigm Group had a negative return on equity of 31.91% and a net margin of 21.69%.Transdigm Group’s revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the company earned $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, sell-side analysts predict that Transdigm Group will post 35.13 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $1,340.00, for a total value of $5,226,000.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,824,000. This trade represents a 52.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert J. Small sold 90,953 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total transaction of $121,487,741.16. Following the sale, the director directly owned 68,139 shares of the company’s stock, valued at approximately $91,014,625.08. The trade was a 57.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 187,238 shares of company stock valued at $252,637,131. 4.09% of the stock is owned by insiders.
Hedge Funds Weigh In On Transdigm Group
A number of hedge funds have recently made changes to their positions in the business. Salomon & Ludwin LLC purchased a new stake in Transdigm Group during the third quarter valued at approximately $26,000. Elevation Wealth Partners LLC raised its holdings in Transdigm Group by 1,100.0% during the 4th quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock valued at $32,000 after buying an additional 22 shares during the period. Wealth Watch Advisors INC bought a new stake in Transdigm Group in the third quarter worth $34,000. Central Pacific Bank Trust Division boosted its stake in Transdigm Group by 44.4% during the fourth quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock worth $35,000 after buying an additional 8 shares during the period. Finally, Bank of Jackson Hole Trust boosted its stake in Transdigm Group by 84.6% during the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock worth $36,000 after buying an additional 11 shares during the period. Institutional investors 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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