TransDigm Group (TDG) – Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of TransDigm Group (NYSE: TDG) recently:

  • 11/23/2022 – TransDigm Group was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
  • 11/15/2022 – TransDigm Group was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 11/11/2022 – TransDigm Group had its price target lowered by analysts at Wells Fargo & Company from $740.00 to $735.00. They now have an “overweight” rating on the stock.
  • 11/11/2022 – TransDigm Group had its price target raised by analysts at Credit Suisse Group AG from $661.00 to $718.00. They now have an “outperform” rating on the stock.
  • 11/9/2022 – TransDigm Group had its price target lowered by analysts at JPMorgan Chase & Co. from $705.00 to $700.00. They now have a “neutral” rating on the stock.
  • 10/23/2022 – TransDigm Group was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
  • 10/15/2022 – TransDigm Group was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
  • 10/11/2022 – TransDigm Group is now covered by analysts at Credit Suisse Group AG. They set an “outperform” rating and a $661.00 price target on the stock.
  • 10/10/2022 – TransDigm Group is now covered by analysts at Wolfe Research. They set an “outperform” rating and a $650.00 price target on the stock.
  • 10/6/2022 – TransDigm Group was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.

TransDigm Group Stock Up 2.1 %

Shares of TDG stock opened at $629.36 on Wednesday. The company has a market cap of $34.22 billion, a price-to-earnings ratio of 46.83, a price-to-earnings-growth ratio of 1.66 and a beta of 1.41. TransDigm Group Incorporated has a 52 week low of $499.63 and a 52 week high of $684.72. The firm has a 50 day moving average of $565.49 and a 200-day moving average of $579.80.

TransDigm Group (NYSE:TDGGet Rating) last announced its quarterly earnings data on Thursday, November 10th. The aerospace company reported $5.50 EPS for the quarter, topping the consensus estimate of $4.46 by $1.04. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. TransDigm Group had a net margin of 15.95% and a negative return on equity of 29.95%. The company’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.94 EPS. Analysts anticipate that TransDigm Group Incorporated will post 19.57 earnings per share for the current year.

Insider Buying and Selling

In related news, Director W Nicholas Howley sold 11,500 shares of the stock in a transaction on Monday, October 17th. The stock was sold at an average price of $528.07, for a total value of $6,072,805.00. Following the transaction, the director now directly owns 21,548 shares in the company, valued at approximately $11,378,852.36. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold a total of 29,500 shares of company stock worth $16,924,235 in the last ninety days. Corporate insiders own 8.96% of the company’s stock.

Hedge Funds Weigh In On TransDigm Group

A number of large investors have recently modified their holdings of the company. Teachers Retirement System of The State of Kentucky bought a new position in shares of TransDigm Group in the 3rd quarter worth $2,579,000. National Pension Service lifted its stake in TransDigm Group by 0.3% during the 3rd quarter. National Pension Service now owns 84,927 shares of the aerospace company’s stock valued at $45,045,000 after acquiring an additional 227 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new position in TransDigm Group during the 3rd quarter valued at $27,000. Glenmede Trust Co. NA lifted its stake in TransDigm Group by 4.7% during the 3rd quarter. Glenmede Trust Co. NA now owns 2,371 shares of the aerospace company’s stock valued at $1,244,000 after acquiring an additional 107 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in TransDigm Group by 2.4% during the 3rd quarter. Captrust Financial Advisors now owns 729 shares of the aerospace company’s stock valued at $383,000 after acquiring an additional 17 shares in the last quarter. 95.43% of the stock is currently owned by institutional investors.

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. Its Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.

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