Transdigm Group (NYSE:TDG) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen cut shares of Transdigm Group (NYSE:TDG) from a buy rating to a hold rating in a report released on Monday morning.

Several other equities analysts have also commented on TDG. Susquehanna decreased their target price on shares of Transdigm Group from $1,400.00 to $1,350.00 and set a “neutral” rating on the stock in a report on Wednesday, May 6th. JPMorgan Chase & Co. upped their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. BNP Paribas Exane reduced their price target on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an “outperform” rating on the stock in a research report on Thursday, May 14th. UBS Group decreased their price objective on shares of Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Stifel Nicolaus lowered their price objective on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Seven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $1,477.47.

Transdigm Group Stock Performance

TDG opened at $1,205.88 on Monday. The firm has a market cap of $67.44 billion, a P/E ratio of 37.64, a price-to-earnings-growth ratio of 2.13 and a beta of 0.90. Transdigm Group has a 52-week low of $1,123.61 and a 52-week high of $1,623.82. The business’s fifty day moving average is $1,258.91 and its 200-day moving average is $1,273.18.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a negative return on equity of 26.49% and a net margin of 20.24%.The company had revenue of $2.54 billion for the quarter, compared to analysts’ expectations of $2.47 billion. During the same quarter last year, the business earned $9.11 earnings per share. Transdigm Group’s revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, research analysts predict that Transdigm Group will post 37.96 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director W Nicholas Howley sold 10,132 shares of the firm’s stock in a transaction on 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 sale, the director owned 21,548 shares of the company’s stock, valued at $25,444,309.36. This trade represents a 31.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $1,276.78, for a total value of $4,979,442.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,596,408. This 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 28,064 shares of company stock valued at $34,814,142 over the last quarter. 3.20% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Capital International Investors boosted its position in Transdigm Group by 0.9% during the 4th quarter. Capital International Investors now owns 6,544,423 shares of the aerospace company’s stock worth $8,702,655,000 after buying an additional 55,230 shares during the period. Capital World Investors increased its position in Transdigm Group by 0.4% in 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 acquiring an additional 15,825 shares during the period. Capital Research Global Investors raised its stake in shares of Transdigm Group by 12.2% during the fourth quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company’s stock valued at $3,293,527,000 after acquiring an additional 268,824 shares during the last quarter. State Street Corp lifted its holdings in shares of Transdigm Group by 2.8% during the fourth quarter. State Street Corp now owns 2,456,186 shares of the aerospace company’s stock worth $3,266,359,000 after purchasing an additional 67,348 shares during the period. Finally, Soroban Capital Partners LP lifted its holdings in shares of Transdigm Group by 14.5% during the first quarter. Soroban Capital Partners LP now owns 856,197 shares of the aerospace company’s stock worth $992,298,000 after purchasing an additional 108,227 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Company Profile

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.