Transdigm Group (NYSE:TDG) Upgraded by Wall Street Zen to Buy Rating

Transdigm Group (NYSE:TDG) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

TDG has been the subject of a number of other reports. BNP Paribas Exane cut their price target on Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating for the company in a report on Thursday, May 14th. Susquehanna cut their price target on Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. TD Cowen cut their price target on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Morgan Stanley boosted their price target on Transdigm Group from $1,660.00 to $1,680.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Finally, Jefferies Financial Group boosted their price target on Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Transdigm Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,524.18.

Transdigm Group Price Performance

TDG opened at $1,241.05 on Friday. The business has a 50 day simple moving average of $1,203.10 and a 200-day simple moving average of $1,281.43. The stock has a market capitalization of $69.41 billion, a P/E ratio of 38.73, a P/E/G ratio of 2.15 and a beta of 0.91. Transdigm Group has a 12 month low of $1,123.61 and a 12 month high of $1,623.82.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $9.46 by $0.39. The firm had revenue of $2.54 billion during the quarter, compared to analysts’ expectations of $2.47 billion. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.Transdigm Group’s revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the firm posted $9.11 earnings per share. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Research analysts anticipate that Transdigm Group will post 37.82 EPS for the current year.

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $25,444,309.36. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total value of $4,500,951.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,154,724. This trade represents a 52.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 42,096 shares of company stock valued at $51,417,454. 3.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Transdigm Group

A number of institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in Transdigm Group by 1.8% during the third quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock valued at $8,982,225,000 after acquiring an additional 121,049 shares during the period. Capital International Investors grew its position in Transdigm Group by 0.9% during 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 acquiring an additional 55,230 shares during the period. Capital World Investors grew its position in Transdigm Group by 0.4% during 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 acquiring an additional 15,825 shares during the period. Capital Research Global Investors grew its position in 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 valued at $3,293,527,000 after acquiring an additional 268,824 shares during the period. Finally, State Street Corp boosted its position in shares of Transdigm Group by 2.8% in the fourth quarter. State Street Corp now owns 2,456,186 shares of the aerospace company’s stock worth $3,266,359,000 after buying an additional 67,348 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

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.