Melius Research Reiterates “Hold” Rating for Transdigm Group (NYSE:TDG)

Transdigm Group (NYSE:TDG)‘s stock had its “hold” rating reissued by stock analysts at Melius Research in a research note issued on Monday, MarketBeat Ratings reports. They currently have a $1,331.00 target price on the aerospace company’s stock. Melius Research’s target price would suggest a potential upside of 20.35% from the stock’s previous close.

A number of other analysts have also commented on the company. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a report on Monday, July 20th. Stifel Nicolaus reiterated a “hold” rating and set a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. BMO Capital Markets lifted their target price on Transdigm Group from $1,450.00 to $1,525.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. JPMorgan Chase & Co. upped their price target on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Finally, Morgan Stanley cut shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $1,680.00 to $1,345.00 in a research note on Wednesday, July 15th. Six analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $1,454.87.

Transdigm Group Price Performance

Shares of Transdigm Group stock traded down $34.36 on Monday, hitting $1,105.96. The company had a trading volume of 18,424 shares, compared to its average volume of 390,805. The stock has a 50-day moving average of $1,223.23 and a 200-day moving average of $1,231.06. Transdigm Group has a twelve month low of $1,111.11 and a twelve month high of $1,463.03. The firm has a market capitalization of $61.86 billion, a P/E ratio of 33.71, a P/E/G ratio of 1.89 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. The business had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The firm’s quarterly revenue was up 22.5% on a year-over-year basis. During the same period last year, the business posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Equities analysts predict that Transdigm Group will post 38.81 EPS for the current year.

Insider Activity

In other Transdigm Group news, Director W. Howley sold 10,132 shares of the firm’s stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $1,216.08, for a total value of $12,321,322.56. Following the completion of the transaction, the director directly owned 21,548 shares in the company, valued at $26,204,091.84. This trade represents a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,459,536. This trade represents a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 34,296 shares of company stock valued at $43,048,156 in the last 90 days. 3.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Transdigm Group

A number of institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC increased its stake in shares of Transdigm Group by 5.0% during the 1st quarter. Empowered Funds LLC now owns 1,372 shares of the aerospace company’s stock worth $1,898,000 after purchasing an additional 65 shares during the last quarter. Acadian Asset Management LLC grew its holdings in Transdigm Group by 92.3% during the first quarter. Acadian Asset Management LLC now owns 273 shares of the aerospace company’s stock worth $376,000 after purchasing an additional 131 shares during the period. NewEdge Advisors LLC increased its position in Transdigm Group by 152.9% during the second quarter. NewEdge Advisors LLC now owns 2,064 shares of the aerospace company’s stock worth $3,138,000 after buying an additional 1,248 shares during the last quarter. Sei Investments Co. increased its position in Transdigm Group by 25.4% during the second quarter. Sei Investments Co. now owns 33,032 shares of the aerospace company’s stock worth $50,227,000 after buying an additional 6,697 shares during the last quarter. Finally, Treasurer of the State of North Carolina raised its stake in Transdigm Group by 3.6% in the second quarter. Treasurer of the State of North Carolina now owns 25,821 shares of the aerospace company’s stock valued at $39,264,000 after buying an additional 902 shares during the period. 95.78% of the stock is currently owned by institutional investors and hedge funds.

About Transdigm Group

TransDigm Group Incorporated (NYSE: TDG) designs, produces and supplies aircraft components, systems and related aftermarket services. The company focuses primarily on proprietary aerospace products, including mechanical and electromechanical actuators, ignition systems, pumps, valves, sensors, cockpit and data-acquisition systems, power-conditioning equipment, lighting, lavatory components, seat belts and cargo-loading systems.

TransDigm serves commercial and regional airlines, business and general aviation operators, aircraft manufacturers and military customers.