BMO Capital Markets Issues Positive Forecast for Transdigm Group (NYSE:TDG) Stock Price

Transdigm Group (NYSE:TDG) had its target price lifted by BMO Capital Markets from $1,420.00 to $1,500.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the aerospace company’s stock. BMO Capital Markets’ price target indicates a potential upside of 11.44% from the stock’s previous close.

TDG has been the subject of a number of other reports. Stifel Nicolaus reduced their price objective on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research report on Thursday. JPMorgan Chase & Co. upped their price objective on Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Jefferies Financial Group cut their target price on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a report on Wednesday, September 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Transdigm Group in a research report on Wednesday, October 8th. Finally, Susquehanna cut their target price on Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a research note on Thursday, October 9th. Twelve research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $1,564.19.

Transdigm Group Stock Up 2.9%

TDG traded up $38.10 during midday trading on Thursday, hitting $1,346.07. 226,208 shares of the company were exchanged, compared to its average volume of 298,289. Transdigm Group has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The firm’s 50 day moving average price is $1,295.01 and its 200-day moving average price is $1,403.54. The firm has a market capitalization of $75.85 billion, a P/E ratio of 44.69, a P/E/G ratio of 3.25 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings results on Wednesday, November 12th. The aerospace company reported $10.82 EPS for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. The business had revenue of $2.44 billion for the quarter, compared to analysts’ expectations of $2.40 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $9.83 earnings per share. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, sell-side analysts predict that Transdigm Group will post 35.13 earnings per share for the current fiscal year.

Insider Buying and Selling at Transdigm Group

In other news, Director Robert J. Small sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $1,276.98, for a total transaction of $6,384,900.00. Following the transaction, the director owned 83,419 shares of the company’s stock, valued at approximately $106,524,394.62. This represents a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director W Nicholas Howley sold 2,736 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $1,298.87, for a total value of $3,553,708.32. Following the completion of the sale, the director owned 21,548 shares of the company’s stock, valued at $27,988,050.76. The trade was a 11.27% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 22,802 shares of company stock valued at $29,917,993. 4.09% of the stock is owned by company insiders.

Hedge Funds Weigh In On Transdigm Group

Institutional investors have recently bought and sold shares of the business. Franklin Resources Inc. boosted its position in Transdigm Group by 161.7% in the 3rd quarter. Franklin Resources Inc. now owns 475,489 shares of the aerospace company’s stock worth $626,704,000 after purchasing an additional 293,821 shares in the last quarter. FourThought Financial Partners LLC acquired a new stake in shares of Transdigm Group in the 3rd quarter valued at $432,000. Capital Research Global Investors raised its stake in Transdigm Group by 10.2% during the 3rd quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock worth $2,909,850,000 after acquiring an additional 203,997 shares in the last quarter. Capital International Sarl boosted its holdings in Transdigm Group by 48.2% in the 3rd quarter. Capital International Sarl now owns 34,729 shares of the aerospace company’s stock valued at $45,774,000 after purchasing an additional 11,302 shares in the last quarter. Finally, Capital International Ltd. CA grew its holdings in shares of Transdigm Group by 21.0% in the 3rd quarter. Capital International Ltd. CA now owns 22,389 shares of the aerospace company’s stock worth $29,509,000 after acquiring an additional 3,882 shares during the period. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.