Transdigm Group (NYSE:TDG) Stock Rating Upgraded by Wells Fargo & Company

Transdigm Group (NYSE:TDG) was upgraded by analysts at Wells Fargo & Company to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

A number of other analysts also recently weighed in on TDG. KeyCorp downgraded shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research report on Thursday, February 5th. Zacks Research raised shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Robert W. Baird reissued a “neutral” rating and set a $1,400.00 price target on shares of Transdigm Group in a research report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a report on Monday, December 29th. Finally, UBS Group dropped their price objective on Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, Transdigm Group has an average rating of “Moderate Buy” and an average price target of $1,563.19.

Transdigm Group Stock Up 1.3%

Shares of Transdigm Group stock opened at $1,173.76 on Tuesday. The business has a fifty day simple moving average of $1,283.46 and a 200 day simple moving average of $1,309.44. The stock has a market cap of $66.29 billion, a PE ratio of 37.77, a price-to-earnings-growth ratio of 2.43 and a beta of 0.98. Transdigm Group has a 12 month low of $1,123.61 and a 12 month high of $1,623.82.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, beating the consensus estimate of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the prior year, the firm posted $7.83 earnings per share. The company’s quarterly revenue was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. Analysts expect that Transdigm Group will post 35.13 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director W Nicholas Howley sold 10,132 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $1,213.05, for a total value of $12,290,622.60. Following the sale, the director directly owned 21,548 shares in the company, valued at $26,138,801.40. The trade was a 31.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Kevin M. Stein sold 36,925 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the transaction, the director directly owned 19,233 shares of the company’s stock, valued at $27,422,219.07. This represents a 65.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 126,680 shares of company stock worth $174,863,016 in the last ninety days. 3.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Transdigm Group

A number of hedge funds and other institutional investors have recently bought and sold shares of TDG. Leonard Rickey Investment Advisors P.L.L.C. lifted its stake in Transdigm Group by 4.4% in the 3rd quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 188 shares of the aerospace company’s stock valued at $248,000 after acquiring an additional 8 shares in the last quarter. Gateway Investment Advisers LLC grew its position in Transdigm Group by 0.7% in the third quarter. Gateway Investment Advisers LLC now owns 1,182 shares of the aerospace company’s stock valued at $1,558,000 after purchasing an additional 8 shares in the last quarter. Tower Wealth Partners Inc. grew its position in Transdigm Group by 4.5% in the third quarter. Tower Wealth Partners Inc. now owns 187 shares of the aerospace company’s stock valued at $246,000 after purchasing an additional 8 shares in the last quarter. Central Pacific Bank Trust Division increased its stake in Transdigm Group by 44.4% in the 4th quarter. Central Pacific Bank Trust Division now owns 26 shares of the aerospace company’s stock valued at $35,000 after buying an additional 8 shares during the last quarter. Finally, Family Legacy Inc. lifted its position in Transdigm Group by 0.3% during the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock worth $3,184,000 after buying an additional 8 shares in the last quarter. 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.