Transdigm Group (NYSE:TDG) Hits New 12-Month Low – Here’s What Happened

Transdigm Group Incorporated (NYSE:TDG)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as $1,127.56 and last traded at $1,133.0780, with a volume of 667714 shares changing hands. The stock had previously closed at $1,140.03.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Robert W. Baird reiterated a “neutral” rating and set a $1,400.00 price objective on shares of Transdigm Group in a research note on Wednesday, February 4th. Zacks Research raised Transdigm Group from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. UBS Group cut their target price on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Finally, Wells Fargo & Company started coverage on Transdigm Group in a research note on Wednesday. They set an “equal weight” rating and a $1,200.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,563.19.

Transdigm Group Trading Up 1.3%

The firm has a market capitalization of $66.28 billion, a P/E ratio of 37.77, a P/E/G ratio of 2.43 and a beta of 0.98. The business’s fifty day moving average is $1,283.46 and its 200 day moving average is $1,309.44.

Transdigm Group (NYSE:TDG) last issued its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, topping analysts’ consensus estimates of $7.99 by $0.24. The firm had revenue of $2.29 billion during the quarter, compared to analysts’ expectations of $2.26 billion. Transdigm Group had a net margin of 20.50% and a negative return on equity of 29.07%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period last year, the firm posted $7.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. As a group, sell-side analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director W Nicholas Howley sold 10,168 shares of Transdigm Group stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $1,307.68, for a total value of $13,296,490.24. Following the transaction, the director directly owned 21,548 shares in the company, valued at $28,177,888.64. The trade was a 32.06% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Michael Lisman bought 950 shares of Transdigm Group stock in a transaction dated Friday, February 6th. The shares were bought at an average cost of $1,284.26 per share, with a total value of $1,220,047.00. Following the completion of the acquisition, the chief executive officer owned 3,259 shares of the company’s stock, valued at $4,185,403.34. The trade was a 41.14% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders have sold 126,680 shares of company stock valued at $174,863,016. Insiders own 3.20% of the company’s stock.

Institutional Trading of Transdigm Group

Several institutional investors and hedge funds have recently bought and sold shares of TDG. Norges Bank acquired a new position in shares of Transdigm Group in the fourth quarter worth about $1,025,591,000. Principal Financial Group Inc. raised its holdings in shares of Transdigm Group by 18.3% during the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after acquiring an additional 367,756 shares during the period. Franklin Resources Inc. lifted its position in shares of Transdigm Group by 161.7% in the 3rd quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock valued at $626,704,000 after acquiring an additional 293,821 shares in the last quarter. Capital Research Global Investors lifted its position in shares of Transdigm Group by 12.2% in the 4th 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 in the last quarter. Finally, Capital International Investors boosted its stake in Transdigm Group by 4.1% in the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after purchasing an additional 254,750 shares during the period. Institutional investors and hedge funds 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.