Transdigm Group (NYSE:TDG) Stock Gets Price Target Trim from TD Cowen

Transdigm Group (NYSE:TDG) had its price target trimmed by TD Cowen from $1,450.00 to $1,300.00 in a report released on Friday,Benzinga reports. The brokerage currently has a buy rating on the aerospace company’s stock.

Several other equities analysts have also issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Transdigm Group in a research note on Friday, August 28th. Morgan Stanley lowered shares of Transdigm Group from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $1,680.00 to $1,345.00 in a research report on Wednesday, July 15th. BMO Capital Markets lowered 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 report on Monday, September 28th. Wells Fargo & Company cut their price objective on shares of Transdigm Group from $1,450.00 to $1,210.00 and set an “equal weight” rating on the stock in a research report on Wednesday, September 30th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a research report on Wednesday, August 5th. Five equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $1,434.87.

Transdigm Group Stock Performance

NYSE TDG opened at $1,107.93 on Friday. The company has a market cap of $61.97 billion, a PE ratio of 33.61, a P/E/G ratio of 1.57 and a beta of 0.96. The firm’s 50 day moving average price is $1,159.95 and its 200-day moving average price is $1,208.26. Transdigm Group has a 52-week low of $1,071.25 and a 52-week high of $1,463.03.

Transdigm Group (NYSE:TDG) last released its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping the consensus estimate of $10.30 by $0.57. The firm had revenue of $2.74 billion during 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 for the quarter was up 22.5% compared to the same quarter last year. During the same period in the previous year, the company posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. On average, analysts forecast that Transdigm Group will post 38.87 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, COO Joel Reiss sold 3,900 shares of the company’s stock in a transaction dated Tuesday, September 15th. The stock was 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 of the company’s stock, valued at $3,940,488. This represents a 52.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director W. Howley sold 10,132 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the transaction, the director directly owned 21,548 shares in the company, valued at $26,639,361.44. This represents a 31.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 28,064 shares of company stock valued at $33,947,338 in the last three months. Insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Transdigm Group

Several institutional investors have recently added to or reduced their stakes in the business. Kestra Private Wealth Services LLC raised its stake in shares of Transdigm Group by 1.0% in the first quarter. Kestra Private Wealth Services LLC now owns 986 shares of the aerospace company’s stock worth $1,142,000 after purchasing an additional 10 shares during the last quarter. NewEdge Advisors LLC boosted its position in Transdigm Group by 0.3% in the first quarter. NewEdge Advisors LLC now owns 3,297 shares of the aerospace company’s stock valued at $3,822,000 after buying an additional 11 shares during the last quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its position in Transdigm Group by 18.8% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 76 shares of the aerospace company’s stock valued at $101,000 after buying an additional 12 shares during the last quarter. International Assets Investment Management LLC boosted its position in Transdigm Group by 36.1% in the first quarter. International Assets Investment Management LLC now owns 49 shares of the aerospace company’s stock valued at $57,000 after buying an additional 13 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC increased its holdings in Transdigm Group by 6.3% in the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 236 shares of the aerospace company’s stock worth $274,000 after buying an additional 14 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

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.