Transdigm Group (NYSE:TDG) Price Target Raised to $1,400.00

Transdigm Group (NYSE:TDG) had its target price lifted by Royal Bank Of Canada from $1,385.00 to $1,400.00 in a research note issued to investors on Thursday morning,Benzinga reports. The firm currently has a sector perform rating on the aerospace company’s stock.

Other analysts have also issued research reports about the company. Truist Financial decreased their price target on Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a report on Wednesday, October 15th. Morgan Stanley reduced their target price on shares of Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 15th. Stifel Nicolaus dropped their price target on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research note on Thursday. Jefferies Financial Group cut their price target on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a report on Wednesday, September 17th. Finally, Zacks Research downgraded shares of Transdigm Group from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Twelve equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $1,563.88.

Transdigm Group Trading Up 1.1%

TDG opened at $1,339.26 on Thursday. The stock has a 50-day moving average of $1,297.21 and a 200 day moving average of $1,402.56. Transdigm Group has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The firm has a market cap of $75.43 billion, a P/E ratio of 44.45, a P/E/G ratio of 3.25 and a beta of 1.02.

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

Transdigm Group Increases Dividend

The business also recently disclosed a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were given a $90.00 dividend. This is a positive change from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

Insider Buying and Selling at Transdigm Group

In related news, Director Michael Graff sold 1,760 shares of the stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the transaction, the director owned 1,964 shares of the company’s stock, valued at $2,753,724.40. This represents a 47.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kevin M. Stein sold 700 shares of Transdigm Group stock in a transaction on Monday, October 27th. The shares were sold at an average price of $1,360.00, for a total value of $952,000.00. Following the sale, the director directly owned 8,158 shares of the company’s stock, valued at approximately $11,094,880. This trade represents a 7.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 22,802 shares of company stock valued at $29,917,993. 4.09% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Transdigm Group

Institutional investors have recently made changes to their positions in the company. CWM LLC lifted its stake in Transdigm Group by 12.1% in the first quarter. CWM LLC now owns 984 shares of the aerospace company’s stock worth $1,361,000 after acquiring an additional 106 shares during the period. Signaturefd LLC raised its holdings in shares of Transdigm Group by 4.0% in the 1st quarter. Signaturefd LLC now owns 696 shares of the aerospace company’s stock valued at $962,000 after purchasing an additional 27 shares in the last quarter. Parcion Private Wealth LLC purchased a new stake in shares of Transdigm Group in the 1st quarter worth approximately $209,000. Apollon Wealth Management LLC boosted its stake in shares of Transdigm Group by 18.0% during the first quarter. Apollon Wealth Management LLC now owns 819 shares of the aerospace company’s stock valued at $1,134,000 after purchasing an additional 125 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd purchased a new position in Transdigm Group during the first quarter valued at approximately $268,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

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.