Transdigm Group (NYSE:TDG) Stock Rating Lowered by KeyCorp

Transdigm Group (NYSE:TDG) was downgraded by equities research analysts at KeyCorp from an “overweight” rating to a “sector weight” rating in a research report issued on Thursday, MarketBeat reports.

Other analysts also recently issued research reports about the stock. Susquehanna dropped their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a report on Thursday, October 9th. Weiss Ratings restated a “buy (b-)” rating on shares of Transdigm Group in a research report on Monday, December 29th. Stifel Nicolaus cut their target price on shares of Transdigm Group from $1,710.00 to $1,650.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. 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 research note on Thursday, November 13th. Finally, Robert W. Baird reissued a “neutral” rating and set a $1,400.00 price target on shares of Transdigm Group in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,584.44.

Transdigm Group Trading Up 1.8%

Transdigm Group stock opened at $1,286.39 on Thursday. Transdigm Group has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The stock has a fifty day simple moving average of $1,354.51 and a two-hundred day simple moving average of $1,356.09. The firm has a market cap of $72.64 billion, a price-to-earnings ratio of 41.39, a PEG ratio of 2.79 and a beta of 0.92.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.99 by $0.24. Transdigm Group had a negative return on equity of 29.07% and a net margin of 20.50%.The firm had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the prior year, the company posted $7.83 earnings per share. The company’s quarterly revenue was up 13.9% on a year-over-year basis. Transdigm Group has set its FY 2026 guidance at 37.420-39.340 EPS. On average, equities research analysts forecast that Transdigm Group will post 35.13 EPS for the current fiscal year.

Insider Buying and Selling at Transdigm Group

In related news, Director Kevin M. Stein sold 36,925 shares of Transdigm Group stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $1,425.79, for a total transaction of $52,647,295.75. Following the transaction, the director directly owned 19,233 shares in the company, valued at approximately $27,422,219.07. The trade was a 65.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robert J. Small sold 90,953 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $1,335.72, for a total value of $121,487,741.16. Following the sale, the director directly owned 68,139 shares of the company’s stock, valued at $91,014,625.08. This represents a 57.17% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 242,485 shares of company stock worth $331,932,850 in the last quarter. Corporate insiders own 4.09% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Ares Financial Consulting LLC bought a new position in shares of Transdigm Group during the 4th quarter valued at approximately $25,000. Elyxium Wealth LLC purchased a new position in Transdigm Group during the fourth quarter valued at approximately $25,000. Salomon & Ludwin LLC bought a new position in shares of Transdigm Group in the third quarter worth approximately $26,000. Elevation Wealth Partners LLC boosted its position in shares of Transdigm Group by 1,100.0% in the fourth quarter. Elevation Wealth Partners LLC now owns 24 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 22 shares during the period. Finally, Wealth Watch Advisors INC purchased a new stake in shares of Transdigm Group in the third quarter worth $34,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

About Transdigm Group

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.

TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.