JPMorgan Chase & Co. Issues Positive Forecast for Transdigm Group (NYSE:TDG) Stock Price

Transdigm Group (NYSE:TDG) had its price objective increased by stock analysts at JPMorgan Chase & Co. from $1,405.00 to $1,435.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the aerospace company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 7.37% from the stock’s current price.

Several other equities research analysts have also issued reports on TDG. Morgan Stanley decreased their target price on Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating for the company in a research report on Wednesday, October 15th. Weiss Ratings restated a “buy (b)” rating on shares of Transdigm Group in a research report on Wednesday, October 8th. KeyCorp lowered their price objective on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. Zacks Research downgraded shares of Transdigm Group from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Finally, Truist Financial decreased their price target on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a research note on Wednesday, October 15th. 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 stock. Based on data from MarketBeat, Transdigm Group presently has an average rating of “Moderate Buy” and an average target price of $1,563.88.

Transdigm Group Stock Up 0.9%

NYSE TDG traded up $11.42 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 company’s fifty day moving average is $1,295.86 and its 200 day moving average is $1,402.99. Transdigm Group has a 52-week low of $1,183.60 and a 52-week high of $1,623.82. The stock has a market capitalization of $75.31 billion, a P/E 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 quarterly 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. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The company had revenue of $2.44 billion for the quarter, compared to analyst estimates of $2.40 billion. During the same period last year, the firm earned $9.83 earnings per share. The firm’s revenue was up 11.5% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 36.490-38.530 EPS. On average, research analysts expect that Transdigm Group will post 35.13 EPS for the current year.

Insider Transactions at Transdigm Group

In other news, COO Patrick Joseph Murphy sold 290 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $1,310.00, for a total value of $379,900.00. Following the completion of the transaction, the chief operating officer directly owned 1,055 shares in the company, valued at approximately $1,382,050. This trade represents a 21.56% decrease in their ownership of the stock. The transaction 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 the company’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $1,298.87, for a total transaction of $3,553,708.32. Following the sale, the director directly owned 21,548 shares in the company, valued at $27,988,050.76. This trade represents a 11.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 22,802 shares of company stock valued at $29,917,993. Company insiders own 4.09% of the company’s stock.

Hedge Funds Weigh In On Transdigm Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CWM LLC boosted its position in shares of Transdigm Group by 12.1% during the 1st quarter. CWM LLC now owns 984 shares of the aerospace company’s stock valued at $1,361,000 after acquiring an additional 106 shares during the last quarter. Apollon Wealth Management LLC raised its stake in Transdigm Group by 18.0% in 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. Larson Financial Group LLC lifted its position in Transdigm Group by 204.9% during the first quarter. Larson Financial Group LLC now owns 125 shares of the aerospace company’s stock valued at $173,000 after purchasing an additional 84 shares during the last quarter. Cullen Frost Bankers Inc. grew its stake in Transdigm Group by 56.5% in the 1st quarter. Cullen Frost Bankers Inc. now owns 277 shares of the aerospace company’s stock worth $383,000 after buying an additional 100 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI increased its holdings in shares of Transdigm Group by 20.9% in the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 827 shares of the aerospace company’s stock worth $1,144,000 after buying an additional 143 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

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.