Transdigm Group (NYSE:TDG) Price Target Raised to $1,695.00

Transdigm Group (NYSE:TDG) had its price objective hoisted by UBS Group from $1,585.00 to $1,695.00 in a report released on Wednesday morning,Benzinga reports. The brokerage currently has a buy rating on the aerospace company’s stock.

Several other analysts also recently weighed in on the company. TD Cowen lowered their price objective on Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Wall Street Zen lowered shares of Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. BNP Paribas Exane cut their price objective on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a report on Thursday, May 14th. Royal Bank Of Canada lowered their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “sector perform” rating for the company in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. boosted 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. Six equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $1,463.71.

Transdigm Group Stock Performance

Shares of TDG opened at $1,221.42 on Wednesday. The stock’s 50-day simple moving average is $1,271.05 and its 200 day simple moving average is $1,260.93. Transdigm Group has a 52-week low of $1,123.61 and a 52-week high of $1,463.03. The stock has a market capitalization of $68.31 billion, a price-to-earnings ratio of 37.06, a price-to-earnings-growth ratio of 2.17 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last announced its quarterly 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 firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.68 billion. During the same period in the prior year, the firm posted $9.60 earnings per share. The company’s revenue for the quarter was up 22.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, research analysts forecast that Transdigm Group will post 37.77 earnings per share for the current fiscal year.

Insider Buying and Selling at Transdigm Group

In related news, COO Joel Reiss sold 3,900 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total transaction of $4,979,442.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,596,408. This represents a 52.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $1,180.82, for a total transaction of $11,964,068.24. Following the completion of the sale, the director owned 21,548 shares in the company, valued at approximately $25,444,309.36. This trade represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 38,196 shares of company stock worth $47,135,464 in the last quarter. Corporate insiders own 3.20% of the company’s stock.

Institutional Trading of Transdigm Group

A number of large investors have recently modified their holdings of the company. Ares Financial Consulting LLC bought a new stake in shares of Transdigm Group in the 4th quarter valued at about $25,000. Elyxium Wealth LLC bought a new position in shares of Transdigm Group during the 4th quarter worth approximately $25,000. Burkett Financial Services LLC purchased a new stake in Transdigm Group during the second quarter valued at approximately $25,000. MCF Advisors LLC boosted its stake in Transdigm Group by 900.0% in the fourth quarter. MCF Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 18 shares in the last quarter. Finally, Transamerica Financial Advisors LLC boosted its stake in Transdigm Group by 1,900.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 19 shares in the last quarter. Hedge funds and other 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.