Transdigm Group Incorporated (NYSE:TDG) Given Consensus Recommendation of “Hold” by Brokerages

Transdigm Group Incorporated (NYSE:TDG) has earned an average recommendation of “Hold” from the seventeen research firms that are covering the company, Marketbeat Ratings reports. Ten equities research analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $1,477.4667.

Several brokerages have recently commented on TDG. JPMorgan Chase & Co. boosted their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Royal Bank Of Canada dropped their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a report on Wednesday, May 6th. Weiss Ratings lowered shares of Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, June 2nd. Morgan Stanley downgraded Transdigm Group from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. Finally, BMO Capital Markets upped 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.

Transdigm Group Price Performance

NYSE:TDG opened at $1,205.22 on Friday. The firm has a market cap of $67.41 billion, a price-to-earnings ratio of 37.62, a price-to-earnings-growth ratio of 2.11 and a beta of 0.90. The firm’s fifty day moving average price is $1,259.17 and its 200 day moving average price is $1,272.30. Transdigm Group has a 1-year low of $1,123.61 and a 1-year high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same period in the previous year, the business posted $9.11 earnings per share. The business’s revenue was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, analysts expect that Transdigm Group will post 37.96 earnings per share for the current fiscal year.

Insider Buying and Selling at Transdigm Group

In related news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the completion of the transaction, the director directly owned 21,548 shares in the company, valued at approximately $28,433,663.40. This represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at $4,596,408. This trade represents a 52.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 28,064 shares of company stock worth $34,814,142 in the last 90 days. Insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Transdigm Group

Several hedge funds have recently modified their holdings of the stock. Capital International Investors boosted its stake in shares of Transdigm Group by 0.9% in the fourth quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock valued at $8,702,655,000 after purchasing an additional 55,230 shares during the period. Capital World Investors boosted its holdings in Transdigm Group by 0.4% in the fourth quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock valued at $5,258,898,000 after purchasing an additional 15,825 shares during the last quarter. Capital Research Global Investors grew its stake in Transdigm Group by 12.2% during the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after purchasing an additional 268,824 shares in the last quarter. State Street Corp increased its holdings in Transdigm Group by 2.8% during the 4th quarter. State Street Corp now owns 2,456,186 shares of the aerospace company’s stock worth $3,266,359,000 after purchasing an additional 67,348 shares during the last quarter. Finally, Soroban Capital Partners LP boosted its stake in shares of Transdigm Group by 14.5% during the 1st quarter. Soroban Capital Partners LP now owns 856,197 shares of the aerospace company’s stock valued at $992,298,000 after buying an additional 108,227 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

About Transdigm Group

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.