Royal Bank Of Canada Raises Transdigm Group (NYSE:TDG) Price Target to $1,400.00

Transdigm Group (NYSE:TDG) had its target price lifted by investment analysts at Royal Bank Of Canada from $1,385.00 to $1,400.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “sector perform” rating on the aerospace company’s stock. Royal Bank Of Canada’s price target indicates a potential upside of 4.01% from the company’s current price.

Several other equities analysts have also weighed in on TDG. Jefferies Financial Group dropped their price objective on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a report on Wednesday, September 17th. Stifel Nicolaus dropped their price target on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. increased their price target on Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Weiss Ratings restated a “buy (b)” rating on shares of Transdigm Group in a report on Wednesday, October 8th. Finally, Morgan Stanley cut their target price on Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating on the stock in a report on Wednesday, October 15th. Twelve research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,564.19.

Transdigm Group Stock Performance

Shares of TDG traded up $38.10 during mid-day trading on Thursday, reaching $1,346.07. 226,208 shares of the company were exchanged, compared to its average volume of 298,289. 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 capitalization of $75.85 billion, a PE ratio of 44.69, a PEG ratio of 3.25 and a beta of 1.02. The business has a 50 day simple moving average of $1,295.01 and a two-hundred day simple moving average of $1,403.54.

Transdigm Group (NYSE:TDG) last announced its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating the consensus estimate of $10.33 by $0.49. The business had revenue of $2.44 billion for the quarter, compared to analysts’ expectations of $2.40 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The firm’s revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the business posted $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, analysts predict that Transdigm Group will post 35.13 EPS for the current year.

Insider Buying and Selling at Transdigm Group

In other news, COO Joel Reiss sold 3,000 shares of the stock in a transaction on Monday, October 20th. The stock was sold at an average price of $1,279.59, for a total transaction of $3,838,770.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,606,524. This represents a 45.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Patrick Joseph Murphy sold 290 shares of the business’s stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $1,310.00, for a total value of $379,900.00. Following the completion of the sale, the chief operating officer owned 1,055 shares in the company, valued at $1,382,050. This represents a 21.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 22,802 shares of company stock valued at $29,917,993 in the last three months. 4.09% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Transdigm Group

Hedge funds and other institutional investors have recently modified their holdings of the stock. Salomon & Ludwin LLC purchased a new stake in Transdigm Group in the 3rd quarter worth approximately $26,000. Winch Advisory Services LLC raised its stake in Transdigm Group by 53.8% in the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 7 shares in the last quarter. Saudi Central Bank bought a new position in shares of Transdigm Group in the 1st quarter worth $30,000. Bank of Jackson Hole Trust lifted its holdings in shares of Transdigm Group by 84.6% during the 2nd quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company’s stock worth $36,000 after acquiring an additional 11 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its position in Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company’s stock valued at $41,000 after purchasing an additional 25 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors.

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.