Transdigm Group (NYSE:TDG) Upgraded at Zacks Research

Zacks Research upgraded shares of Transdigm Group (NYSE:TDG) from a strong sell rating to a hold rating in a report released on Monday morning,Zacks.com reports. Zacks Research also issued estimates for Transdigm Group’s FY2028 earnings at $44.52 EPS.

A number of other research analysts have also recently commented on TDG. Stifel Nicolaus reduced their price target on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research report on Thursday, November 13th. Royal Bank Of Canada increased their target price on shares of 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. BNP Paribas Exane initiated 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. Truist Financial cut their price target on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a research report on Wednesday, October 15th. Finally, Jefferies Financial Group reduced their price objective on Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research note on Wednesday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,576.29.

Transdigm Group Stock Down 1.1%

TDG opened at $1,304.14 on Monday. The business’s fifty day simple moving average is $1,315.39 and its 200 day simple moving average is $1,393.44. Transdigm Group has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The stock has a market cap of $73.45 billion, a PE ratio of 40.65, a P/E/G ratio of 2.93 and a beta of 0.94.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $10.33 by $0.49. The firm 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%.The company’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, equities analysts anticipate that Transdigm Group will post 35.13 earnings per share for the current year.

Insider Activity at Transdigm Group

In related news, Director Robert J. Small sold 90,953 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the completion of the transaction, the director directly owned 68,139 shares of the company’s stock, valued at $91,014,625.08. This represents a 57.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Kevin M. Stein sold 17,526 shares of the firm’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $1,362.29, for a total transaction of $23,875,494.54. Following the completion of the sale, the director owned 8,158 shares of the company’s stock, valued at $11,113,561.82. This trade represents a 68.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 149,447 shares of company stock worth $199,642,544 over the last ninety days. Corporate insiders own 4.09% of the company’s stock.

Institutional Investors Weigh In On Transdigm Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Transdigm Group during the 2nd quarter valued at $1,275,035,000. Principal Financial Group Inc. lifted its position in Transdigm Group by 18.3% during the 3rd quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after acquiring an additional 367,756 shares during the period. Vanguard Group Inc. boosted its stake in Transdigm Group by 5.3% during the second quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock worth $10,178,995,000 after acquiring an additional 333,965 shares in the last quarter. Franklin Resources Inc. grew its holdings in Transdigm Group by 161.7% in the third quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after purchasing an additional 293,821 shares during the period. Finally, Capital International Investors increased its stake in shares of Transdigm Group by 4.1% during the third quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock valued at $8,552,028,000 after purchasing an additional 254,750 shares in the last quarter. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The 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.