Transdigm Group (NYSE:TDG) Stock Gets Price Target Trim from The Goldman Sachs Group

Transdigm Group (NYSE:TDG) had its price objective cut by The Goldman Sachs Group from $1,972.00 to $1,745.00 in a research note issued to investors on Monday,Benzinga reports. They currently have a buy rating on the aerospace company’s stock.

A number of other research analysts have also recently issued reports on TDG. TD Cowen cut their price target on Transdigm Group from $1,450.00 to $1,300.00 and set a “buy” rating for the company in a report on Friday, October 9th. BMO Capital Markets reduced their price target on shares of Transdigm Group from $1,525.00 to $1,400.00 and set an “outperform” rating on the stock in a research report on Monday, September 28th. Morgan Stanley lowered shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Melius Research restated a “hold” rating and issued a $1,331.00 price objective on shares of Transdigm Group in a research report on Monday, September 14th. Finally, Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. Five analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $1,441.40.

Transdigm Group Price Performance

TDG stock opened at $1,108.72 on Monday. The business has a fifty day moving average price of $1,150.54 and a 200 day moving average price of $1,207.36. Transdigm Group has a fifty-two week low of $1,071.25 and a fifty-two week high of $1,463.03. The stock has a market capitalization of $62.01 billion, a price-to-earnings ratio of 29.38, a P/E/G ratio of 1.57 and a beta of 0.96.

Transdigm Group (NYSE:TDG) last posted 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 company had revenue of $2.74 billion for the quarter, compared to analyst estimates of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%. The business’s revenue was up 22.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, equities analysts expect that Transdigm Group will post 38.87 earnings per share for the current fiscal year.

Insider Activity

In other Transdigm Group news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $1,094.58, for a total transaction of $4,268,862.00. Following the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $3,940,488. This represents a 52.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director W. Howley sold 10,132 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 21,548 shares in the company, valued at $26,639,361.44. This trade represents a 31.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 28,064 shares of company stock worth $33,947,338. 3.20% of the stock is owned by company insiders.

Institutional Investors Weigh In On Transdigm Group

A number of institutional investors and hedge funds have recently modified their holdings of TDG. BlackRock Inc. acquired a new position in Transdigm Group in the second quarter valued at about $6,489,039,000. State Street Corp boosted its holdings in Transdigm Group by 1.7% during the second quarter. State Street Corp now owns 2,559,096 shares of the aerospace company’s stock worth $3,408,818,000 after buying an additional 42,490 shares during the last quarter. Soroban Capital Partners LP boosted its holdings in 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 buying an additional 108,227 shares during the last quarter. Stockbridge Partners LLC acquired a new position in shares of Transdigm Group during the 2nd quarter worth about $578,480,000. Finally, Primecap Management Co. CA acquired a new position in shares of Transdigm Group during the 2nd quarter worth about $546,425,000. 95.78% of the stock is owned by institutional investors.

About Transdigm Group

TransDigm Group Incorporated is an aerospace manufacturing company that designs, produces and supplies highly engineered aircraft components, systems and related products. Its offerings include engine and airframe components, ignition systems, pumps, valves, cockpit and cabin equipment, data and control systems, and other specialized products used on commercial, business, general aviation and military aircraft.

The company serves both original equipment manufacturers and the aftermarket.