Q4 EPS Estimates for TransDigm Group Increased by Analyst

TransDigm Group Incorporated (NYSE:TDG) – Equities researchers at Zacks Research raised their Q4 2024 earnings estimates for shares of TransDigm Group in a report issued on Tuesday, October 22nd. Zacks Research analyst R. Department now forecasts that the aerospace company will post earnings per share of $8.50 for the quarter, up from their previous forecast of $8.49. The consensus estimate for TransDigm Group’s current full-year earnings is $30.71 per share. Zacks Research also issued estimates for TransDigm Group’s Q2 2025 earnings at $8.52 EPS, Q4 2025 earnings at $9.86 EPS and Q3 2026 earnings at $9.93 EPS.

Other equities analysts have also recently issued reports about the company. Royal Bank of Canada restated an “outperform” rating and issued a $1,500.00 target price on shares of TransDigm Group in a report on Wednesday, August 7th. JPMorgan Chase & Co. lifted their target price on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the stock a “neutral” rating in a research report on Monday, October 14th. Wells Fargo & Company reduced their price target on shares of TransDigm Group from $1,390.00 to $1,350.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 7th. Jefferies Financial Group lowered their price objective on shares of TransDigm Group from $1,625.00 to $1,515.00 and set a “buy” rating on the stock in a research report on Tuesday, August 13th. Finally, Morgan Stanley boosted their target price on shares of TransDigm Group from $1,550.00 to $1,575.00 and gave the company an “overweight” rating in a research note on Wednesday, August 7th. Eight equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,451.94.

TransDigm Group Stock Performance

TransDigm Group stock opened at $1,345.56 on Thursday. The firm has a market cap of $75.50 billion, a price-to-earnings ratio of 49.78, a price-to-earnings-growth ratio of 1.84 and a beta of 1.43. TransDigm Group has a 1 year low of $811.42 and a 1 year high of $1,451.32. The firm’s 50 day moving average price is $1,363.90 and its two-hundred day moving average price is $1,306.84.

TransDigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 6th. The aerospace company reported $9.00 earnings per share for the quarter, beating the consensus estimate of $7.77 by $1.23. TransDigm Group had a negative return on equity of 66.70% and a net margin of 21.83%. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter last year, the business posted $6.55 earnings per share. The company’s quarterly revenue was up 17.3% on a year-over-year basis.

TransDigm Group Increases Dividend

The business also recently disclosed a special dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, October 4th were paid a $75.00 dividend. This is a positive change from TransDigm Group’s previous special dividend of $32.50. The ex-dividend date of this dividend was Friday, October 4th.

Insider Activity

In related news, CEO Kevin M. Stein sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $1,228.24, for a total transaction of $12,282,400.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares in the company, valued at $10,019,981.92. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other TransDigm Group news, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $1,375.89, for a total transaction of $4,127,670.00. Following the sale, the chief operating officer now directly owns 3,600 shares of the company’s stock, valued at approximately $4,953,204. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Kevin M. Stein sold 10,000 shares of TransDigm Group stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $1,228.24, for a total transaction of $12,282,400.00. Following the completion of the transaction, the chief executive officer now owns 8,158 shares of the company’s stock, valued at $10,019,981.92. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,944 shares of company stock worth $35,823,485. Company insiders own 4.96% of the company’s stock.

Hedge Funds Weigh In On TransDigm Group

Several institutional investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC increased its stake in shares of TransDigm Group by 17.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,898 shares of the aerospace company’s stock valued at $4,980,000 after buying an additional 567 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its position in TransDigm Group by 26.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,826 shares of the aerospace company’s stock valued at $4,888,000 after acquiring an additional 789 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of TransDigm Group by 0.9% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 131,149 shares of the aerospace company’s stock worth $161,523,000 after acquiring an additional 1,142 shares during the last quarter. BNP Paribas Financial Markets lifted its position in shares of TransDigm Group by 35.7% during the first quarter. BNP Paribas Financial Markets now owns 70,881 shares of the aerospace company’s stock worth $87,297,000 after purchasing an additional 18,655 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its position in shares of TransDigm Group by 4.4% during the first quarter. CANADA LIFE ASSURANCE Co now owns 19,322 shares of the aerospace company’s stock worth $23,781,000 after purchasing an additional 819 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

About TransDigm Group

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.