Transdigm Group (NYSE:TDG) Earns Buy (B) Rating from Weiss Ratings

Key Points

• Weiss Ratings has reaffirmed a "buy (B)" rating for Transdigm Group (NYSE:TDG), indicating positive analyst sentiment towards the stock.
• Despite recent earnings results that missed estimates, the company's stock has generally received bullish ratings from multiple analysts, with a consensus average price target of $1,564.56.
• The stock has experienced recent insider selling, with directors reducing their stakes, though institutional investors hold a significant 95.78% of the company's shares.

Transdigm Group (NYSE:TDG - Get Free Report)'s stock had its "buy (b)" rating reaffirmed by equities researchers at Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.

Several other equities analysts have also commented on the company. Truist Financial cut their price target on Transdigm Group from $1,730.00 to $1,647.00 and set a "buy" rating on the stock in a research note on Wednesday, October 15th. Jefferies Financial Group cut their price target on Transdigm Group from $1,650.00 to $1,490.00 and set a "buy" rating on the stock in a research note on Wednesday, September 17th. Royal Bank Of Canada lowered Transdigm Group from an "outperform" rating to a "sector perform" rating and cut their price target for the company from $1,550.00 to $1,385.00 in a research note on Monday, September 8th. BMO Capital Markets assumed coverage on Transdigm Group in a research note on Tuesday, September 30th. They set an "outperform" rating and a $1,420.00 price target on the stock. Finally, UBS Group raised their price target on Transdigm Group from $1,815.00 to $1,839.00 and gave the company a "buy" rating in a research note on Thursday, August 7th. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Transdigm Group currently has a consensus rating of "Moderate Buy" and an average price target of $1,564.56.

Transdigm Group Trading Up 0.7%

NYSE:TDG opened at $1,359.71 on Friday. Transdigm Group has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The company has a market cap of $76.62 billion, a price-to-earnings ratio of 45.13, a price-to-earnings-growth ratio of 3.32 and a beta of 1.02. The stock has a fifty day simple moving average of $1,316.00 and a 200-day simple moving average of $1,404.63.

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

Insiders Place Their Bets

In other Transdigm Group news, Director Robert J. Small sold 5,000 shares of the firm's stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $1,276.98, for a total value of $6,384,900.00. Following the completion of the sale, the director owned 83,419 shares of the company's stock, valued at approximately $106,524,394.62. This trade represents a 5.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $1,298.87, for a total value of $3,553,708.32. Following the sale, the director directly owned 21,548 shares of the company's stock, valued at $27,988,050.76. This trade represents a 11.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,232 shares of company stock worth $27,800,332 in the last three months. Insiders own 4.09% of the company's stock.

Institutional Investors Weigh In On Transdigm Group

Institutional investors and hedge funds have recently modified their holdings of the company. Winch Advisory Services LLC lifted its holdings 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 purchasing an additional 7 shares during the period. Salomon & Ludwin LLC acquired a new stake in shares of Transdigm Group during the third quarter worth about $26,000. Saudi Central Bank acquired a new stake in shares of Transdigm Group during the first quarter worth about $30,000. Bank of Jackson Hole Trust lifted its holdings in shares of Transdigm Group by 84.6% during the second quarter. Bank of Jackson Hole Trust now owns 24 shares of the aerospace company's stock worth $36,000 after purchasing an additional 11 shares during the period. Finally, Hantz Financial Services Inc. lifted its holdings in shares of Transdigm Group by 1,250.0% during the second quarter. Hantz Financial Services Inc. now owns 27 shares of the aerospace company's stock worth $41,000 after purchasing an additional 25 shares during the period. Institutional investors and hedge funds own 95.78% of the company's stock.

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.

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