TransDigm Group Incorporated (NYSE:TDG) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of TransDigm Group Incorporated (NYSE:TDG) have received a consensus rating of “Moderate Buy” from the eighteen research firms that are covering the firm, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $1,472.47.

A number of research firms recently issued reports on TDG. Deutsche Bank Aktiengesellschaft downgraded shares of TransDigm Group from a “buy” rating to a “hold” rating and lowered their target price for the company from $1,444.00 to $1,348.00 in a report on Thursday, January 2nd. UBS Group upgraded shares of TransDigm Group from a “neutral” rating to a “buy” rating and set a $1,595.00 price objective for the company in a research note on Monday, February 24th. Citigroup boosted their price objective on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. StockNews.com upgraded shares of TransDigm Group from a “hold” rating to a “buy” rating in a research note on Wednesday, January 8th. Finally, Truist Financial boosted their price objective on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th.

Insider Activity at TransDigm Group

In other news, Director Robert J. Small sold 38,053 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $1,248.78, for a total transaction of $47,519,825.34. Following the completion of the transaction, the director now owns 567,323 shares in the company, valued at approximately $708,461,615.94. This represents a 6.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director W Nicholas Howley sold 5,472 shares of the company’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $1,296.77, for a total transaction of $7,095,925.44. Following the transaction, the director now owns 21,548 shares of the company’s stock, valued at $27,942,799.96. This represents a 20.25 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 121,647 shares of company stock valued at $155,847,223 over the last ninety days. Corporate insiders own 4.09% of the company’s stock.

Hedge Funds Weigh In On TransDigm Group

A number of institutional investors and hedge funds have recently bought and sold shares of TDG. First Personal Financial Services acquired a new stake in TransDigm Group in the 3rd quarter valued at about $29,000. Erste Asset Management GmbH purchased a new stake in shares of TransDigm Group in the third quarter worth approximately $29,000. Capital Advisors Ltd. LLC lifted its position in shares of TransDigm Group by 200.0% in the fourth quarter. Capital Advisors Ltd. LLC now owns 24 shares of the aerospace company’s stock worth $30,000 after purchasing an additional 16 shares in the last quarter. Trust Co. of Vermont lifted its position in shares of TransDigm Group by 150.0% in the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 15 shares in the last quarter. Finally, Park Square Financial Group LLC acquired a new position in TransDigm Group in the fourth quarter worth approximately $32,000. Institutional investors own 95.78% of the company’s stock.

TransDigm Group Trading Up 0.2 %

Shares of TDG opened at $1,369.82 on Tuesday. The stock has a market cap of $76.83 billion, a P/E ratio of 48.32, a PEG ratio of 2.76 and a beta of 1.40. The company has a 50-day moving average of $1,315.70 and a two-hundred day moving average of $1,325.43. TransDigm Group has a 12-month low of $1,136.27 and a 12-month high of $1,451.32.

TransDigm Group (NYSE:TDG) last issued its quarterly earnings results on Tuesday, February 4th. The aerospace company reported $7.57 EPS for the quarter, topping analysts’ consensus estimates of $6.73 by $0.84. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.03 billion. TransDigm Group had a net margin of 20.76% and a negative return on equity of 42.87%. The company’s quarterly revenue was up 12.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $7.16 earnings per share. As a group, analysts forecast that TransDigm Group will post 35.13 EPS for the current fiscal year.

TransDigm Group Company Profile

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.