Transdigm Group (NYSE:TDG) Given Hold Rating at Melius Research

Transdigm Group (NYSE:TDG)‘s stock had its “hold” rating reissued by research analysts at Melius Research in a report released on Monday, Marketbeat.com reports. They currently have a $1,331.00 price target on the aerospace company’s stock. Melius Research’s price target would suggest a potential upside of 20.35% from the company’s previous close.

Several other equities research analysts also recently issued reports on the stock. BMO Capital Markets raised their price objective on shares of Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Wall Street Zen downgraded Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Weiss Ratings reiterated a “hold (c)” rating on shares of Transdigm Group in a research note on Friday, August 28th. Morgan Stanley cut Transdigm Group from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $1,680.00 to $1,345.00 in a report on Wednesday, July 15th. Finally, UBS Group boosted their price target on Transdigm Group from $1,585.00 to $1,695.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Six analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, Transdigm Group presently has an average rating of “Hold” and a consensus price target of $1,454.87.

Transdigm Group Trading Down 3.0%

Shares of NYSE:TDG traded down $34.36 on Monday, hitting $1,105.96. The company had a trading volume of 18,424 shares, compared to its average volume of 390,805. The stock has a market cap of $61.86 billion, a price-to-earnings ratio of 33.71, a P/E/G ratio of 1.89 and a beta of 0.91. The stock has a 50 day moving average price of $1,223.23 and a 200 day moving average price of $1,231.06. Transdigm Group has a 1-year low of $1,111.11 and a 1-year high of $1,463.03.

Transdigm Group (NYSE:TDG) last posted its earnings results on Tuesday, August 4th. The aerospace company reported $10.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. The company had revenue of $2.74 billion during the quarter, compared to analysts’ expectations of $2.68 billion. Transdigm Group had a net margin of 19.69% and a negative return on equity of 23.65%. Transdigm Group’s quarterly revenue was up 22.5% compared to the same quarter last year. During the same quarter last year, the company posted $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. Sell-side analysts anticipate that Transdigm Group will post 38.81 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,900 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $1,238.76, for a total value of $4,831,164.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,459,536. The trade was a 52.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director W. Howley sold 10,132 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the sale, the director directly owned 21,548 shares in the company, valued at $26,639,361.44. This represents a 31.98% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 34,296 shares of company stock valued at $43,048,156. 3.20% of the stock is owned by company insiders.

Hedge Funds Weigh In On Transdigm Group

Several hedge funds and other institutional investors have recently made changes to their positions in TDG. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Transdigm Group by 17.0% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 55 shares of the aerospace company’s stock valued at $73,000 after purchasing an additional 8 shares during the period. CYBER HORNET ETFs LLC raised its position in shares of Transdigm Group by 6.1% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 156 shares of the aerospace company’s stock worth $206,000 after purchasing an additional 9 shares during the last quarter. Fisher Asset Management LLC raised its position in shares of Transdigm Group by 3.1% during the 4th quarter. Fisher Asset Management LLC now owns 299 shares of the aerospace company’s stock worth $398,000 after purchasing an additional 9 shares during the last quarter. Harbour Investments Inc. lifted its stake in Transdigm Group by 13.6% in the 4th quarter. Harbour Investments Inc. now owns 75 shares of the aerospace company’s stock valued at $100,000 after buying an additional 9 shares in the last quarter. Finally, Root Financial Partners LLC boosted its holdings in Transdigm Group by 6.2% in the 4th quarter. Root Financial Partners LLC now owns 155 shares of the aerospace company’s stock worth $206,000 after buying an additional 9 shares during the last quarter. 95.78% of the stock is currently owned by institutional investors and hedge funds.

About Transdigm Group

TransDigm Group Incorporated (NYSE: TDG) designs, produces and supplies aircraft components, systems and related aftermarket services. The company focuses primarily on proprietary aerospace products, including mechanical and electromechanical actuators, ignition systems, pumps, valves, sensors, cockpit and data-acquisition systems, power-conditioning equipment, lighting, lavatory components, seat belts and cargo-loading systems.

TransDigm serves commercial and regional airlines, business and general aviation operators, aircraft manufacturers and military customers.