Susquehanna Has Lowered Expectations for Transdigm Group (NYSE:TDG) Stock Price

Key Points

• Susquehanna has lowered its target price for Transdigm Group from $1,500 to $1,450, maintaining a "neutral" rating, indicating a potential upside of 12.97% from the current price.
• Other analysts have provided mixed ratings, with Citigroup raising its target to $1,795 and Royal Bank of Canada cutting its target to $1,385, as the average target price now stands at $1,579.13.
• Transdigm Group reported a Q3 EPS of $9.60, missing expectations, and has set a FY 2025 EPS guidance of 36.330-37.150.

Transdigm Group (NYSE:TDG - Get Free Report) had its target price decreased by Susquehanna from $1,500.00 to $1,450.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a "neutral" rating on the aerospace company's stock. Susquehanna's price objective would indicate a potential upside of 12.97% from the company's current price.

Other research analysts also recently issued research reports about the stock. Citigroup raised their target price on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a "buy" rating in a research report on Monday, July 14th. Royal Bank Of Canada cut Transdigm Group from an "outperform" rating to a "sector perform" rating and decreased their price objective for the stock from $1,550.00 to $1,385.00 in a report on Monday, September 8th. The Goldman Sachs Group upped their target price on Transdigm Group from $1,526.00 to $1,709.00 and gave the company a "buy" rating in a research note on Monday, June 23rd. UBS Group raised their price target on Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a "buy" rating in a research note on Thursday, August 7th. Finally, KeyCorp lowered their price target on Transdigm Group from $1,700.00 to $1,600.00 and set an "overweight" rating for the company in a report on Friday, August 8th. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, Transdigm Group currently has an average rating of "Moderate Buy" and a consensus target price of $1,579.13.

Transdigm Group Stock Performance

NYSE:TDG traded down $2.36 during mid-day trading on Thursday, hitting $1,283.50. 18,033 shares of the company's stock traded hands, compared to its average volume of 297,072. The firm's 50 day simple moving average is $1,354.46 and its 200 day simple moving average is $1,408.89. Transdigm Group has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The company has a market cap of $72.32 billion, a PE ratio of 42.60, a price-to-earnings-growth ratio of 2.32 and a beta of 1.02.

Transdigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.75 by ($0.15). Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The business had revenue of $2.24 billion during the quarter, compared to analysts' expectations of $2.29 billion. During the same period last year, the company earned $9.00 EPS. The firm's revenue for the quarter was up 9.3% on a year-over-year basis. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, research analysts expect that Transdigm Group will post 35.13 earnings per share for the current fiscal year.

Insider Transactions at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,000 shares of the business's stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $1,276.07, for a total transaction of $3,828,210.00. Following the completion of the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,593,852. The trade was a 45.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director W Nicholas Howley sold 2,736 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $1,282.47, for a total transaction of $3,508,837.92. Following the sale, the director directly owned 21,548 shares in the company, valued at $27,634,663.56. This trade represents a 11.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,232 shares of company stock valued at $29,496,571 in the last three months. Corporate insiders own 4.09% of the company's stock.

Institutional Trading of Transdigm Group

A number of institutional investors and hedge funds have recently made changes to their positions in TDG. Winch Advisory Services LLC grew its position in shares of Transdigm Group by 53.8% during the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock worth $28,000 after acquiring an additional 7 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in Transdigm Group by 2.8% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 257 shares of the aerospace company's stock valued at $391,000 after purchasing an additional 7 shares during the period. Diversified Enterprises LLC grew its position in Transdigm Group by 3.8% in the 2nd quarter. Diversified Enterprises LLC now owns 193 shares of the aerospace company's stock worth $293,000 after purchasing an additional 7 shares during the last quarter. FSM Wealth Advisors LLC increased its stake in shares of Transdigm Group by 3.8% in the second quarter. FSM Wealth Advisors LLC now owns 191 shares of the aerospace company's stock valued at $292,000 after purchasing an additional 7 shares during the period. Finally, Balefire LLC grew its holdings in Transdigm Group by 4.9% in the 1st quarter. Balefire LLC now owns 171 shares of the aerospace company's stock worth $237,000 after buying an additional 8 shares in the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

About Transdigm Group

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.

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