Transdigm Group Incorporated (NYSE:TDG) Stock Has Consensus Target Price of $1,428.40 According to Analysts

Key Points

• Analysts have a consensus “Hold” rating on TransDigm, with 13 holds and five buys among 18 analysts. The average 12-month price target is $1,428.40, above the stock’s reported $1,105.65 opening price.
• TransDigm exceeded quarterly expectations, reporting $10.87 in EPS versus the $10.30 consensus and $2.74 billion in revenue versus $2.68 billion expected; revenue rose 22.5% year over year.
• Insiders sold 22,032 shares worth approximately $26.3 million in the last quarter, while institutional investors own 95.78% of the company.

Shares of Transdigm Group Incorporated (NYSE:TDG - Get Free Report) have been assigned an average rating of "Hold" from the eighteen analysts that are currently covering the company, Marketbeat Ratings reports. Thirteen analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $1,428.40.

A number of equities research analysts have weighed in on the stock. Stifel Nicolaus restated a "hold" rating and issued a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a report on Wednesday, August 5th. UBS Group raised their target price on shares of Transdigm Group from $1,585.00 to $1,695.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. Melius Research reiterated a "hold" rating and set a $1,331.00 target price on shares of Transdigm Group in a report on Monday, September 14th. Royal Bank Of Canada dropped their price target on Transdigm Group from $1,350.00 to $1,200.00 and set a "sector perform" rating on the stock in a research report on Thursday, October 15th. Finally, TD Cowen cut their price target on Transdigm Group from $1,450.00 to $1,300.00 and set a "buy" rating on the stock in a research note on Friday, October 9th.

Transdigm Group Trading Down 3.2%

Shares of Transdigm Group stock opened at $1,105.65 on Friday. The firm has a market capitalization of $61.84 billion, a P/E ratio of 33.55, a P/E/G ratio of 1.58 and a beta of 0.96. The business has a fifty day simple moving average of $1,135.66 and a two-hundred day simple moving average of $1,205.87. Transdigm Group has a 12 month low of $1,071.25 and a 12 month high of $1,463.03.

Transdigm Group (NYSE:TDG - Get Free Report) last released its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share for the quarter, topping analysts' consensus estimates of $10.30 by $0.57. The firm had revenue of $2.74 billion for the quarter, compared to the consensus estimate of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. The company's revenue was up 22.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Analysts predict that Transdigm Group will post 38.81 earnings per share for the current year.

Insiders Place Their Bets

In other news, COO Joel Reiss sold 4,100 shares of the stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $1,128.04, for a total value of $4,624,964.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company's stock, valued at approximately $4,060,944. This represents a 53.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director W. Howley sold 10,132 shares of the firm's stock in a transaction on 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 owned 21,548 shares of the company's stock, valued at $26,639,361.44. The trade was a 31.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 22,032 shares of company stock valued at $26,250,979 in the last quarter. 3.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Transdigm Group

A number of hedge funds have recently bought and sold shares of the company. Stockbridge Partners LLC bought a new position in Transdigm Group in the 2nd quarter valued at approximately $578,480,000. Veritas Asset Management LLP increased its holdings in Transdigm Group by 3.0% in the 2nd quarter. Veritas Asset Management LLP now owns 137,969 shares of the aerospace company's stock worth $183,780,000 after buying an additional 3,995 shares in the last quarter. The Manufacturers Life Insurance Company increased its holdings in Transdigm Group by 106.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 392,447 shares of the aerospace company's stock worth $522,754,000 after buying an additional 202,300 shares in the last quarter. IFM Investors Pty Ltd purchased a new position in Transdigm Group in the 1st quarter worth about $5,772,000. Finally, Walter Public Investments Inc. raised its position in Transdigm Group by 109.8% in the 1st quarter. Walter Public Investments Inc. now owns 5,224 shares of the aerospace company's stock worth $6,054,000 after buying an additional 2,734 shares during the last quarter. Institutional investors own 95.78% of the company's stock.

About Transdigm Group

TransDigm Group Incorporated NYSE: TDG is a global aerospace manufacturing company that designs, produces and supplies aircraft components, systems and related products. Its portfolio includes mechanical and electrical systems, cockpit and cabin products, airframe components, power and control systems, engine components, and other specialized equipment used in commercial, business and general aviation, and military aircraft.

The company serves aircraft manufacturers, airlines, aircraft operators, maintenance providers and defense customers.

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