Transdigm Group (NYSE:TDG) Stock Crosses Above 200 Day Moving Average – What’s Next?

Transdigm Group Incorporated (NYSE:TDG) crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $1,221.05 and traded as high as $1,263.40. Transdigm Group shares last traded at $1,226.0930, with a volume of 603,949 shares.

Trending Headlines about Transdigm Group

These are some of the TDG headlines that stood out recently:

• Positive Sentiment: UBS lowered its target to $1,481 from $1,509 but retained its Buy rating, indicating it still sees upside. UBS target and rating
• Neutral Sentiment: Morgan Stanley lifted its target to $1,405 but maintained an Equal Weight rating, while RBC reiterated a Hold rating in a separate update. RBC rating update
• Negative Sentiment: The main drag is the fiscal 2027 earnings outlook, which was reported to miss analyst estimates despite fourth-quarter revenue growth. That has raised concern that near-term earnings may not meet expectations. Fiscal 2027 outlook report

Wall Street Analyst Weigh In

A number of research firms have weighed in on TDG. The Goldman Sachs Group cut their target price on shares of Transdigm Group from $1,972.00 to $1,745.00 and set a “buy” rating for the company in a research report on Monday, October 12th. Guggenheim assumed coverage on Transdigm Group in a research report on Tuesday, September 15th. They issued a “neutral” rating on the stock. Wall Street Zen lowered Transdigm Group from a “buy” rating to a “hold” rating in a research note on Monday, July 20th. BMO Capital Markets dropped their price objective on Transdigm Group from $1,525.00 to $1,400.00 and set an “outperform” rating on the stock in a research note on Monday, September 28th. Finally, Royal Bank Of Canada boosted their price objective on Transdigm Group from $1,200.00 to $1,300.00 and gave the stock a “sector perform” rating in a research report on Wednesday. Five analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company’s stock. According to MarketBeat, Transdigm Group presently has a consensus rating of “Hold” and a consensus target price of $1,431.13.

Transdigm Group Price Performance

The firm’s 50 day moving average price is $1,134.60 and its 200-day moving average price is $1,219.01. The firm has a market cap of $67.34 billion, a price-to-earnings ratio of 33.88, a P/E/G ratio of 1.75 and a beta of 0.98.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, November 10th. The aerospace company reported $12.44 EPS for the quarter, beating analysts’ consensus estimates of $12.21 by $0.23. Transdigm Group had a net margin of 19.94% and a negative return on equity of 24.14%. The business had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.95 billion. During the same quarter in the prior year, the business earned $10.82 earnings per share. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis. Transdigm Group has set its FY 2027 guidance at 47.090-47.940 EPS. Analysts expect that Transdigm Group Incorporated will post 44.94 EPS for the current year.

Insider Buying and Selling

In other Transdigm Group news, COO Joel Reiss sold 4,100 shares of Transdigm Group stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $1,128.04, for a total transaction of $4,624,964.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,060,944. The trade was a 53.25% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director W. Howley sold 10,132 shares of Transdigm Group stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total transaction of $12,525,988.96. Following the sale, the director owned 21,548 shares in the company, valued at $26,639,361.44. This represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 22,032 shares of company stock worth $26,250,979. 3.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Transdigm Group

Hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Transdigm Group in the second quarter valued at about $6,489,039,000. Stockbridge Partners LLC acquired a new position in Transdigm Group in the second quarter worth about $578,480,000. Aberdeen Group plc raised its position in Transdigm Group by 1,057.7% in the third quarter. Aberdeen Group plc now owns 473,445 shares of the aerospace company’s stock worth $512,552,000 after purchasing an additional 432,551 shares in the last quarter. Primecap Management Co. CA bought a new position in Transdigm Group during the second quarter worth about $546,425,000. Finally, The Manufacturers Life Insurance Company bought a new position in Transdigm Group during the second quarter worth about $522,754,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

About Transdigm Group

TransDigm Group Incorporated designs, produces and supplies highly engineered components for the aerospace industry. Its products include mechanical and electromechanical systems, pumps, valves, ignition systems, batteries, power-conditioning devices and cockpit components. The company serves commercial, military and business aviation markets, supplying components for both original aircraft production and the aftermarket. Its products are used on aircraft operated around the world, and its aftermarket business provides replacement parts and related support.