Transdigm Group (NYSE:TDG) Rating Increased to Hold at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Transdigm Group (NYSE:TDG) to a hold rating in a report published on Tuesday morning,Zacks.com reports.

Several other equities analysts have also recently weighed in on TDG. KeyCorp cut Transdigm Group from an “overweight” rating to a “sector weight” rating in a report on Thursday, February 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of Transdigm Group in a research note on Monday, December 29th. Zacks Research raised shares of Transdigm Group from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Robert W. Baird reiterated a “neutral” rating and issued a $1,400.00 price target on shares of Transdigm Group in a report on Wednesday, February 4th. Finally, UBS Group lowered their price objective on shares of Transdigm Group from $1,804.00 to $1,800.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, Transdigm Group currently has an average rating of “Moderate Buy” and a consensus target price of $1,563.19.

Transdigm Group Stock Up 1.3%

TDG opened at $1,173.76 on Tuesday. The stock has a market cap of $66.29 billion, a P/E ratio of 37.77, a P/E/G ratio of 2.43 and a beta of 0.98. Transdigm Group has a 12 month low of $1,123.61 and a 12 month high of $1,623.82. The company has a fifty day simple moving average of $1,283.46 and a 200 day simple moving average of $1,309.44.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, February 3rd. The aerospace company reported $8.23 earnings per share for the quarter, topping the consensus estimate 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 analyst estimates of $2.26 billion. During the same period in the previous year, the company posted $7.83 earnings per share. The company’s revenue for the quarter 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 expect that Transdigm Group will post 35.13 earnings per share for the current fiscal year.

Insider Transactions at Transdigm Group

In related news, Director W Nicholas Howley sold 10,168 shares of Transdigm Group stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $1,307.68, for a total value of $13,296,490.24. Following the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $28,177,888.64. This trade represents a 32.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kevin M. Stein sold 36,925 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $1,425.79, for a total value of $52,647,295.75. Following the completion of the sale, the director owned 19,233 shares in the company, valued at $27,422,219.07. The trade was a 65.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 126,680 shares of company stock valued at $174,863,016 in the last ninety days. Corporate insiders own 3.20% of the company’s stock.

Institutional Trading of Transdigm Group

A number of institutional investors have recently made changes to their positions in TDG. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Transdigm Group by 2.5% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 201,736 shares of the aerospace company’s stock valued at $265,892,000 after buying an additional 4,870 shares during the last quarter. Citizens Financial Group Inc. RI increased its holdings in Transdigm Group by 272.4% during the third quarter. Citizens Financial Group Inc. RI now owns 3,009 shares of the aerospace company’s stock worth $3,965,000 after buying an additional 2,201 shares during the last quarter. Principal Financial Group Inc. raised its position in Transdigm Group by 18.3% during the third quarter. Principal Financial Group Inc. now owns 2,379,816 shares of the aerospace company’s stock worth $3,136,719,000 after acquiring an additional 367,756 shares in the last quarter. WINTON GROUP Ltd bought a new stake in Transdigm Group during the second quarter worth $3,041,000. Finally, Vulcan Value Partners LLC lifted its stake in Transdigm Group by 7.8% in the third quarter. Vulcan Value Partners LLC now owns 249,643 shares of the aerospace company’s stock valued at $328,977,000 after acquiring an additional 18,048 shares during the last quarter. Institutional investors own 95.78% of the company’s stock.

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.