Transdigm Group (NYSE:TDG) Given New $1,415.00 Price Target at JPMorgan Chase & Co.

Transdigm Group (NYSE:TDG) had its target price lowered by research analysts at JPMorgan Chase & Co. from $1,450.00 to $1,415.00 in a research report issued on Thursday, Benzinga reports. The firm currently has a “neutral” rating on the aerospace company’s stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 30.13% from the stock’s current price.

Other equities analysts also recently issued research reports about the company. BMO Capital Markets upped their target price on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Melius Research reiterated a “hold” rating and issued a $1,331.00 target price on shares of Transdigm Group in a research report on Monday. Morgan Stanley cut shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Finally, Guggenheim assumed coverage on Transdigm Group in a research report on Tuesday. They set a “neutral” rating for the company. Five research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $1,452.53.

Transdigm Group Stock Up 0.7%

Shares of Transdigm Group stock traded up $7.29 during midday trading on Thursday, hitting $1,087.40. The company’s stock had a trading volume of 57,591 shares, compared to its average volume of 392,458. The firm has a market capitalization of $60.82 billion, a P/E ratio of 33.00, a PEG ratio of 1.80 and a beta of 0.91. The stock has a 50-day simple moving average of $1,209.25 and a 200-day simple moving average of $1,226.64. Transdigm Group has a 1-year low of $1,071.25 and a 1-year high of $1,463.03.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, beating the consensus estimate of $10.30 by $0.57. The firm had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.Transdigm Group’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period in the previous year, the firm earned $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, sell-side analysts predict that Transdigm Group will post 38.81 earnings per share for the current year.

Insider Transactions at Transdigm Group

In other news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $1,094.58, for a total transaction of $4,268,862.00. Following the completion of the sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $3,940,488. This represents a 52.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, 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 transaction, the director directly owned 21,548 shares in the company, valued at approximately $26,639,361.44. This represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 28,064 shares of company stock valued at $33,947,338 in the last ninety days. Insiders own 3.20% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Capital International Investors increased 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 worth $8,702,655,000 after purchasing an additional 55,230 shares during the period. BlackRock Inc. acquired a new stake in Transdigm Group in the 2nd quarter valued at approximately $6,489,039,000. Capital World Investors increased its position in Transdigm Group by 0.4% in the 4th quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock worth $5,258,898,000 after buying an additional 15,825 shares during the period. Capital Research Global Investors lifted its holdings in shares of Transdigm Group by 12.2% during the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock worth $3,293,527,000 after buying an additional 268,824 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Transdigm Group in the fourth quarter valued at approximately $1,025,591,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Transdigm Group Company Profile

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.