Transdigm Group (NYSE:TDG) Given New $1,300.00 Price Target at Morgan Stanley

Transdigm Group (NYSE:TDG) had its price objective cut by analysts at Morgan Stanley from $1,400.00 to $1,300.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has an “equal weight” rating on the aerospace company’s stock. Morgan Stanley’s price objective points to a potential upside of 13.86% from the stock’s current price.

A number of other research firms also recently weighed in on TDG. Melius Research reaffirmed a “hold” rating and issued a $1,331.00 price target on shares of Transdigm Group in a research note on Monday, September 14th. Royal Bank Of Canada reduced their price objective on Transdigm Group from $1,350.00 to $1,200.00 and set a “sector perform” rating for the company in a research report on Thursday. The Goldman Sachs Group dropped their target price on Transdigm Group from $1,972.00 to $1,745.00 and set a “buy” rating on the stock in a research report on Monday, October 12th. Wells Fargo & Company dropped their target price on Transdigm Group from $1,450.00 to $1,210.00 and set an “equal weight” rating on the stock in a research report on Wednesday, September 30th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $1,405.00 price target (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Five investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat.com, Transdigm Group presently has an average rating of “Hold” and a consensus price target of $1,428.40.

Transdigm Group Stock Performance

Shares of NYSE TDG traded up $2.41 during mid-day trading on Monday, reaching $1,141.75. The company had a trading volume of 107,910 shares, compared to its average volume of 391,320. The stock has a fifty day moving average of $1,146.42 and a two-hundred day moving average of $1,207.36. Transdigm Group has a 12-month low of $1,071.25 and a 12-month high of $1,463.03. The company has a market capitalization of $63.86 billion, a price-to-earnings ratio of 34.63, a PEG ratio of 1.61 and a beta of 0.96.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter in the prior year, the firm earned $9.60 EPS. The company’s revenue was up 22.5% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Sell-side analysts forecast that Transdigm Group will post 38.88 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 4,100 shares of the firm’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,060,944. This trade represents a 53.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W. Howley sold 10,132 shares of Transdigm Group stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the completion of the sale, the director directly owned 21,548 shares of the company’s stock, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 22,032 shares of company stock worth $26,250,979 in the last 90 days. 3.20% of the stock is owned by insiders.

Institutional Trading of Transdigm Group

Several large investors have recently made changes to their positions in TDG. Kestra Private Wealth Services LLC lifted its holdings in Transdigm Group by 1.0% in the 1st quarter. Kestra Private Wealth Services LLC now owns 986 shares of the aerospace company’s stock worth $1,142,000 after purchasing an additional 10 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Transdigm Group by 0.3% during the first quarter. NewEdge Advisors LLC now owns 3,297 shares of the aerospace company’s stock valued at $3,822,000 after purchasing an additional 11 shares during the last quarter. International Assets Investment Management LLC grew its stake in Transdigm Group by 36.1% in the 1st quarter. International Assets Investment Management LLC now owns 49 shares of the aerospace company’s stock valued at $57,000 after buying an additional 13 shares during the last quarter. Turtle Creek Wealth Advisors LLC raised its holdings in Transdigm Group by 6.3% in the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 236 shares of the aerospace company’s stock worth $274,000 after acquiring an additional 14 shares during the period. Finally, TFR Capital LLC. raised its holdings in Transdigm Group by 1.6% in the 1st quarter. TFR Capital LLC. now owns 885 shares of the aerospace company’s stock worth $1,026,000 after acquiring an additional 14 shares during the period. Institutional investors own 95.78% of the company’s stock.

About Transdigm Group

TransDigm Group Incorporated (NYSE: TDG) is a global aerospace manufacturing company that designs, produces and supplies aircraft components, systems and related products. Its portfolio includes mechanical and electrical systems, cockpit and cabin products, airframe components, power and control systems, engine components, and other specialized equipment used in commercial, business and general aviation, and military aircraft.

The company serves aircraft manufacturers, airlines, aircraft operators, maintenance providers and defense customers.