Transdigm Group (NYSE:TDG) Earns Neutral Rating from Analysts at Guggenheim

Investment analysts at Guggenheim initiated coverage on shares of Transdigm Group (NYSE:TDG) in a report issued on Tuesday, Benzinga reports. The firm set a “neutral” rating on the aerospace company’s stock.

Other analysts have also issued reports about the stock. Melius Research reissued a “hold” rating and set a $1,331.00 target price on shares of Transdigm Group in a research note on Monday. BMO Capital Markets boosted their price objective on Transdigm Group from $1,450.00 to $1,525.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Transdigm Group in a research note on Friday, August 28th. Wall Street Zen downgraded shares of Transdigm Group from a “buy” rating to a “hold” rating in a research report on Monday, July 20th. Finally, Stifel Nicolaus reaffirmed a “hold” rating and issued a $1,405.00 price objective (down from $1,525.00) on shares of Transdigm Group in a research note on Wednesday, August 5th. Six research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $1,454.87.

Transdigm Group Trading Down 2.6%

NYSE:TDG opened at $1,111.13 on Tuesday. The firm has a market capitalization of $62.15 billion, a PE ratio of 33.71, a price-to-earnings-growth ratio of 1.89 and a beta of 0.91. Transdigm Group has a 52 week low of $1,102.37 and a 52 week high of $1,463.03. The stock has a 50 day moving average of $1,218.52 and a 200-day moving average of $1,229.77.

Transdigm Group (NYSE:TDG) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $10.87 EPS for the quarter, topping analysts’ consensus estimates of $10.30 by $0.57. The firm had revenue of $2.74 billion during the quarter, compared to the consensus estimate of $2.68 billion. Transdigm Group had a negative return on equity of 23.65% and a net margin of 19.69%.The firm’s revenue was up 22.5% on a year-over-year basis. During the same period in the prior year, the business earned $9.60 EPS. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, analysts predict that Transdigm Group will post 38.81 EPS for the current fiscal year.

Insider Buying and Selling at Transdigm Group

In other news, COO Joel Reiss sold 3,900 shares of the company’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 sale, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,459,536. This represents a 52.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director W. Howley sold 10,132 shares of the business’s stock in a transaction on Monday, July 20th. The shares were sold at an average price of $1,216.08, for a total transaction of $12,321,322.56. Following the completion of the sale, the director owned 21,548 shares in the company, valued at $26,204,091.84. This represents a 31.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 34,296 shares of company stock valued at $43,048,156. Corporate insiders own 3.20% of the company’s stock.

Institutional Investors Weigh In On Transdigm Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System boosted its position in shares of Transdigm Group by 120,385.0% in the 2nd quarter. California State Teachers Retirement System now owns 112,352,246 shares of the aerospace company’s stock worth $149,657,686,000 after purchasing an additional 112,258,996 shares during the last quarter. BlackRock Inc. bought a new position in shares of Transdigm Group in the 2nd quarter valued at about $6,489,039,000. Norges Bank bought a new position in Transdigm Group during the fourth quarter worth $1,025,591,000. Stockbridge Partners LLC bought a new stake in Transdigm Group in the 2nd quarter valued at $578,480,000. Finally, Primecap Management Co. CA bought a new position in Transdigm Group during the second quarter worth about $546,425,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

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.