JPMorgan Chase & Co. Issues Positive Forecast for Transdigm Group (NYSE:TDG) Stock Price

Transdigm Group (NYSE:TDG) had its price objective upped by JPMorgan Chase & Co. from $1,440.00 to $1,450.00 in a research report issued on Monday,MarketScreener reports. The firm presently has a “neutral” rating on the aerospace company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 13.40% from the company’s previous close.

TDG has been the subject of several other reports. Susquehanna reduced their target price 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. BNP Paribas Exane reduced their target price 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. Wells Fargo & Company started coverage on Transdigm Group in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $1,200.00 target price for the company. Jefferies Financial Group upped their target price on Transdigm Group from $1,565.00 to $1,575.00 in a report on Monday, May 11th. Finally, Stifel Nicolaus lowered their price target on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Ten research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,525.06.

Transdigm Group Trading Up 1.8%

Shares of NYSE:TDG traded up $22.62 during mid-day trading on Monday, hitting $1,278.67. 59,524 shares of the company traded hands, compared to its average volume of 387,953. The stock has a market cap of $71.52 billion, a P/E ratio of 39.99, a P/E/G ratio of 2.20 and a beta of 0.91. The stock has a 50-day moving average price of $1,211.68 and a two-hundred day moving average price of $1,277.40. 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 posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. The firm had revenue of $2.54 billion for the quarter, compared to the consensus estimate of $2.47 billion. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business’s revenue for the quarter was up 18.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $9.11 EPS. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. As a group, analysts expect that Transdigm Group will post 37.82 earnings per share for the current year.

Insider Transactions at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at $4,154,724. The trade was a 52.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director W Nicholas Howley sold 10,132 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $1,213.05, for a total value of $12,290,622.60. Following the completion of the transaction, the director directly owned 21,548 shares of the company’s stock, valued at $26,138,801.40. This represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 38,196 shares of company stock worth $46,567,024. 3.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in TDG. Vanguard Group Inc. grew its stake in shares of Transdigm Group by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock worth $8,982,225,000 after buying an additional 121,049 shares during the last quarter. Capital International Investors lifted its holdings in shares of Transdigm Group by 0.9% during the 4th quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock valued at $8,702,655,000 after buying an additional 55,230 shares during the period. Capital World Investors lifted its holdings in shares of Transdigm Group by 0.4% during the 4th quarter. Capital World Investors now owns 3,954,512 shares of the aerospace company’s stock valued at $5,258,898,000 after buying an additional 15,825 shares during the period. Capital Research Global Investors lifted its holdings in shares of Transdigm Group by 12.2% during the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after buying an additional 268,824 shares during the period. Finally, State Street Corp lifted its holdings in shares of Transdigm Group by 2.8% during the 4th quarter. State Street Corp now owns 2,456,186 shares of the aerospace company’s stock valued at $3,266,359,000 after buying an additional 67,348 shares during the period. 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.