Transdigm Group (NYSE:TDG) Lowered to Hold Rating by Wall Street Zen

Transdigm Group (NYSE:TDG) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Monday.

Several other equities analysts have also recently weighed in on TDG. JPMorgan Chase & Co. increased their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a report on Monday, June 15th. Weiss Ratings lowered Transdigm Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, June 2nd. Wells Fargo & Company initiated coverage on Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price objective for the company. Morgan Stanley downgraded Transdigm Group from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Finally, Jefferies Financial Group raised their target price on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. Seven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $1,477.47.

Transdigm Group Stock Up 0.0%

Shares of TDG stock opened at $1,214.45 on Monday. The company has a 50 day moving average price of $1,258.81 and a 200-day moving average price of $1,273.96. Transdigm Group has a 52 week low of $1,123.61 and a 52 week high of $1,623.82. The firm has a market capitalization of $67.92 billion, a PE ratio of 37.90, a P/E/G ratio of 2.13 and a beta of 0.90.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, beating analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The company had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.47 billion. During the same quarter in the prior year, the firm earned $9.11 earnings per share. The firm’s revenue for the quarter was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Analysts anticipate that Transdigm Group will post 37.96 earnings per share for the current year.

Insider Activity at Transdigm Group

In other news, Director W Nicholas Howley sold 10,132 shares of the company’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the completion of the sale, the director directly owned 21,548 shares in the company, valued at $25,444,309.36. This represents a 31.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, COO Joel Reiss sold 3,900 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,596,408. This represents a 52.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 28,064 shares of company stock worth $34,814,142 over the last quarter. Insiders own 3.20% of the company’s stock.

Institutional Trading of Transdigm Group

Several hedge funds have recently bought and sold shares of TDG. Norges Bank bought a new stake in Transdigm Group during the 4th quarter worth approximately $1,025,591,000. Capital Research Global Investors boosted its position in shares of Transdigm Group by 12.2% in 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 purchasing an additional 268,824 shares during the period. The Manufacturers Life Insurance Company boosted its position in shares of Transdigm Group by 413.7% in the first quarter. The Manufacturers Life Insurance Company now owns 190,147 shares of the aerospace company’s stock worth $220,373,000 after purchasing an additional 153,131 shares during the period. Temasek Holdings Private Ltd purchased a new stake in shares of Transdigm Group in the fourth quarter worth $193,544,000. Finally, Veritas Asset Management LLP purchased a new stake in shares of Transdigm Group in the fourth quarter worth $188,629,000. Institutional investors own 95.78% of the company’s stock.

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.