BNP Paribas Exane Has Lowered Expectations for Transdigm Group (NYSE:TDG) Stock Price

Transdigm Group (NYSE:TDG) had its price target dropped by BNP Paribas Exane from $1,800.00 to $1,750.00 in a report issued on Thursday,MarketScreener reports. The firm currently has an “outperform” rating on the aerospace company’s stock. BNP Paribas Exane’s price target would indicate a potential upside of 52.35% from the stock’s current price.

A number of other research analysts have also weighed in on TDG. Weiss Ratings lowered shares of Transdigm Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 13th. Stifel Nicolaus decreased their target price on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Jefferies Financial Group raised their target price on shares of Transdigm Group from $1,565.00 to $1,575.00 in a research note on Monday, May 11th. KeyCorp lowered shares of Transdigm Group from an “overweight” rating to a “sector weight” rating in a research note on Thursday, February 5th. Finally, UBS Group decreased their target price on shares of Transdigm Group from $1,745.00 to $1,645.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,524.18.

Transdigm Group Trading Down 2.6%

Shares of Transdigm Group stock opened at $1,148.68 on Thursday. The firm’s 50-day moving average price is $1,203.13 and its 200 day moving average price is $1,290.09. Transdigm Group has a twelve month low of $1,123.61 and a twelve month high of $1,623.82. The firm has a market capitalization of $64.25 billion, a PE ratio of 35.85, a P/E/G ratio of 2.06 and a beta of 0.90.

Transdigm Group (NYSE:TDG) last released its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share for the quarter, topping analysts’ consensus estimates of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same period last year, the company posted $9.11 EPS. The business’s revenue was up 18.3% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. On average, sell-side analysts predict that Transdigm Group will post 37.82 EPS for the current fiscal year.

Insider Activity at Transdigm Group

In other news, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $1,280.46, for a total transaction of $4,993,794.00. Following the sale, the chief operating officer owned 3,600 shares of the company’s stock, valued at approximately $4,609,656. The trade was a 52.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $1,265.06, for a total transaction of $12,817,587.92. Following the sale, the director directly owned 21,548 shares in the company, valued at approximately $27,259,512.88. The trade was a 31.98% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 38,232 shares of company stock worth $48,248,925. Corporate insiders own 3.20% of the company’s stock.

Institutional Trading of Transdigm Group

Several institutional investors have recently made changes to their positions in the company. Tower Wealth Partners Inc. raised its position in shares of Transdigm Group by 4.5% during the 3rd quarter. Tower Wealth Partners Inc. now owns 187 shares of the aerospace company’s stock valued at $246,000 after buying an additional 8 shares during the period. Central Pacific Bank Trust Division increased its holdings 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 purchasing an additional 8 shares during the last quarter. Family Legacy Inc. increased its holdings in Transdigm Group by 0.3% in the 4th quarter. Family Legacy Inc. now owns 2,394 shares of the aerospace company’s stock valued at $3,184,000 after purchasing an additional 8 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Transdigm Group by 17.0% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after purchasing an additional 8 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its holdings in Transdigm Group by 5.6% in the 3rd quarter. Parkside Financial Bank & Trust now owns 171 shares of the aerospace company’s stock valued at $225,000 after purchasing an additional 9 shares during the last quarter. Hedge funds and other institutional investors 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.