Jefferies Financial Group restated their hold rating on shares of TransDigm Group (NYSE:TDG) in a research report sent to investors on Tuesday. The brokerage currently has a $355.00 price objective on the aerospace company’s stock.

Other equities analysts also recently issued research reports about the company. Berenberg Bank began coverage on TransDigm Group in a research report on Friday, September 28th. They set a buy rating and a $420.00 price target for the company. Robert W. Baird downgraded TransDigm Group from an outperform rating to a neutral rating and set a $365.00 price target for the company. in a research report on Thursday, October 11th. Finally, SunTrust Banks upped their price target on TransDigm Group to $436.00 and gave the stock a buy rating in a research report on Thursday, October 11th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of $377.07.

NYSE TDG traded down $2.04 during trading hours on Tuesday, reaching $347.85. 2,273 shares of the company’s stock were exchanged, compared to its average volume of 331,853. TransDigm Group has a one year low of $268.40 and a one year high of $377.67. The stock has a market cap of $18.28 billion, a price-to-earnings ratio of 20.47, a PEG ratio of 1.52 and a beta of 0.88.

TransDigm Group (NYSE:TDG) last posted its earnings results on Tuesday, November 6th. The aerospace company reported $4.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.05 by $0.39. TransDigm Group had a negative return on equity of 35.67% and a net margin of 23.64%. The business had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.04 billion. During the same period in the prior year, the business earned $3.48 EPS. TransDigm Group’s revenue for the quarter was up 18.5% compared to the same quarter last year. Analysts anticipate that TransDigm Group will post 15.61 EPS for the current fiscal year.

In other TransDigm Group news, Director Raymond F. Laubenthal sold 11,900 shares of the firm’s stock in a transaction on Monday, October 15th. The stock was sold at an average price of $326.65, for a total transaction of $3,887,135.00. Following the completion of the sale, the director now owns 25,193 shares of the company’s stock, valued at approximately $8,229,293.45. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider James Skulina sold 15,000 shares of the firm’s stock in a transaction on Monday, November 12th. The shares were sold at an average price of $345.46, for a total value of $5,181,900.00. Following the sale, the insider now directly owns 19,000 shares of the company’s stock, valued at approximately $6,563,740. The disclosure for this sale can be found here. Company insiders own 11.45% of the company’s stock.

A number of hedge funds have recently bought and sold shares of TDG. Capital International Investors increased its position in TransDigm Group by 177.2% during the 3rd quarter. Capital International Investors now owns 4,456,405 shares of the aerospace company’s stock worth $1,659,120,000 after buying an additional 2,849,039 shares during the period. Mainstay Capital Management LLC ADV increased its position in TransDigm Group by 25,276.7% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 840,475 shares of the aerospace company’s stock worth $2,692,000 after buying an additional 837,163 shares during the period. FMR LLC increased its position in TransDigm Group by 36.4% during the 2nd quarter. FMR LLC now owns 1,413,320 shares of the aerospace company’s stock worth $487,794,000 after buying an additional 376,984 shares during the period. Janus Henderson Group PLC increased its position in TransDigm Group by 140.2% during the 3rd quarter. Janus Henderson Group PLC now owns 219,446 shares of the aerospace company’s stock worth $81,700,000 after buying an additional 128,082 shares during the period. Finally, PointState Capital LP bought a new position in TransDigm Group during the 3rd quarter worth $38,280,000.

TransDigm Group Company Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The company operates in three segments: Power & Control, Airframe, and Non-aviation. 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, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems.

Recommended Story: Earnings Reports

Analyst Recommendations for TransDigm Group (NYSE:TDG)

Receive News & Ratings for TransDigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransDigm Group and related companies with MarketBeat.com's FREE daily email newsletter.