Transdigm Group (NYSE:TDG) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Transdigm Group (NYSE:TDG) had its target price increased by equities research analysts at Morgan Stanley from $1,600.00 to $1,660.00 in a research report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the aerospace company’s stock. Morgan Stanley’s price objective suggests a potential upside of 24.21% from the stock’s current price.

Several other equities analysts have also issued reports on TDG. BMO Capital Markets boosted their target price on shares of Transdigm Group from $1,420.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday. Stifel Nicolaus lowered their price objective on Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research report on Thursday. Jefferies Financial Group cut their target price on Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research report on Wednesday, September 17th. UBS Group lifted their target price on Transdigm Group from $1,738.00 to $1,798.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Royal Bank Of Canada boosted their price target on Transdigm Group from $1,385.00 to $1,400.00 and gave the company a “sector perform” rating in a research note on Thursday. Twelve equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,563.88.

Transdigm Group Price Performance

Shares of Transdigm Group stock traded up $11.42 during midday trading on Friday, reaching $1,336.46. The company had a trading volume of 137,042 shares, compared to its average volume of 299,130. The stock has a fifty day moving average price of $1,295.86 and a 200 day moving average price of $1,402.99. Transdigm Group has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The firm has a market cap of $75.31 billion, a PE ratio of 44.42, a P/E/G ratio of 3.25 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last released its earnings results on Wednesday, November 12th. The aerospace company reported $10.82 earnings per share for the quarter, beating analysts’ consensus estimates of $10.33 by $0.49. The business had revenue of $2.44 billion during the quarter, compared to the consensus estimate of $2.40 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $9.83 EPS. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. As a group, sell-side analysts forecast that Transdigm Group will post 35.13 EPS for the current year.

Insiders Place Their Bets

In other Transdigm Group news, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $1,279.59, for a total transaction of $3,838,770.00. Following the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,606,524. This represents a 45.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Patrick Joseph Murphy sold 290 shares of Transdigm Group stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $1,310.00, for a total transaction of $379,900.00. Following the transaction, the chief operating officer owned 1,055 shares of the company’s stock, valued at $1,382,050. This represents a 21.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 22,802 shares of company stock worth $29,917,993 in the last quarter. Insiders own 4.09% of the company’s stock.

Hedge Funds Weigh In On Transdigm Group

Several large investors have recently bought and sold shares of TDG. Vanguard Group Inc. grew its position in Transdigm Group by 1.8% in the 3rd quarter. Vanguard Group Inc. now owns 6,814,938 shares of the aerospace company’s stock worth $8,982,225,000 after purchasing an additional 121,049 shares in the last quarter. Capital International Investors boosted its stake in shares of Transdigm Group by 4.1% in the 3rd quarter. Capital International Investors now owns 6,489,193 shares of the aerospace company’s stock worth $8,552,028,000 after buying an additional 254,750 shares during the last quarter. Principal Financial Group Inc. grew its holdings in shares of Transdigm Group by 18.3% in the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock valued at $3,136,719,000 after acquiring an additional 367,756 shares in the last quarter. State Street Corp grew its holdings in shares of Transdigm Group by 2.5% in the second quarter. State Street Corp now owns 2,343,288 shares of the aerospace company’s stock valued at $3,563,297,000 after acquiring an additional 56,141 shares in the last quarter. Finally, Capital Research Global Investors increased its position in shares of Transdigm Group by 10.2% during the third quarter. Capital Research Global Investors now owns 2,207,837 shares of the aerospace company’s stock valued at $2,909,850,000 after acquiring an additional 203,997 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors.

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.