Wells Fargo & Company Begins Coverage on Transdigm Group (NYSE:TDG)

Investment analysts at Wells Fargo & Company began coverage on shares of Transdigm Group (NYSE:TDG) in a research note issued on Wednesday, MarketBeat.com reports. The brokerage set an “equal weight” rating and a $1,200.00 price target on the aerospace company’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 2.92% from the company’s previous close.

Several other research firms have also recently weighed in on TDG. UBS Group reduced their price target on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a report on Wednesday, February 4th. Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 price objective on shares of Transdigm Group in a report on Wednesday, February 4th. KeyCorp downgraded shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. Finally, Zacks Research upgraded shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $1,563.19.

Transdigm Group Stock Performance

Shares of TDG opened at $1,165.92 on Wednesday. Transdigm Group has a 52 week low of $1,123.61 and a 52 week high of $1,623.82. The stock has a market capitalization of $65.84 billion, a price-to-earnings ratio of 37.51, a PEG ratio of 2.46 and a beta of 0.98. The stock has a fifty day moving average of $1,278.39 and a 200-day moving average of $1,308.44.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, topping analysts’ consensus estimates of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the previous year, the company posted $7.83 EPS. Transdigm Group’s quarterly revenue was up 13.9% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, equities analysts forecast that Transdigm Group will post 35.13 EPS for the current year.

Insider Buying and Selling

In other Transdigm Group news, Director W Nicholas Howley sold 10,168 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $1,307.68, for a total transaction of $13,296,490.24. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $28,177,888.64. This represents a 32.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Kevin M. Stein sold 36,925 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total transaction of $52,647,295.75. Following the transaction, the director owned 19,233 shares of the company’s stock, valued at approximately $27,422,219.07. The trade was a 65.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 126,390 shares of company stock valued at $174,477,597 over the last three months. 3.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Transdigm Group

Several large investors have recently modified their holdings of TDG. Empowered Funds LLC boosted its position in Transdigm Group by 5.0% during the first quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock valued at $1,898,000 after acquiring an additional 65 shares during the last quarter. Acadian Asset Management LLC raised its position in shares of Transdigm Group by 92.3% in the 1st quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after acquiring an additional 131 shares in the last quarter. Panagora Asset Management Inc. acquired a new position in shares of Transdigm Group in the 2nd quarter valued at about $973,000. Quantbot Technologies LP bought a new stake in shares of Transdigm Group during the 2nd quarter valued at about $465,000. Finally, Beacon Pointe Advisors LLC boosted its position in shares of Transdigm Group by 7.8% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 775 shares of the aerospace company’s stock valued at $1,178,000 after purchasing an additional 56 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

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.