Key Points
- Transdigm Director W. Nicholas Howley sold 10,132 shares on June 18 at an average price of $1,319.55, totaling about $13.37 million. After the sale, he still owned 21,548 shares, a 31.98% reduction in his position.
- TDG shares fell 2.6% and opened at $1,293.87, with the stock trading between a 12-month low of $1,123.61 and high of $1,623.82. The company’s market cap is about $72.37 billion.
- Transdigm beat Wall Street’s quarterly expectations with EPS of $9.85 versus estimates of $9.46 and revenue of $2.54 billion versus $2.47 billion expected. Analysts currently rate the stock a “Moderate Buy,” with an average price target of $1,513.56.
Transdigm Group Incorporated (NYSE:TDG - Get Free Report) Director W Nicholas Howley sold 10,132 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $1,319.55, for a total value of $13,369,680.60. Following the transaction, the director directly owned 21,548 shares in the company, valued at approximately $28,433,663.40. This represents a 31.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
W Nicholas Howley also recently made the following trade(s):
- On Monday, May 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The shares were sold at an average price of $1,180.82, for a total value of $11,964,068.24.
- On Monday, April 20th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The stock was sold at an average price of $1,265.06, for a total value of $12,817,587.92.
Transdigm Group Stock Down 2.6%
Shares of Transdigm Group stock opened at $1,293.87 on Tuesday. Transdigm Group Incorporated has a 12-month low of $1,123.61 and a 12-month high of $1,623.82. The stock has a 50 day moving average price of $1,226.02 and a two-hundred day moving average price of $1,275.53. The stock has a market capitalization of $72.37 billion, a P/E ratio of 40.38, a PEG ratio of 2.31 and a beta of 0.91.
Transdigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $9.85 EPS for the quarter, beating analysts' consensus estimates of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The company had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same quarter last year, the firm posted $9.11 earnings per share. The company's quarterly revenue was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Sell-side analysts anticipate that Transdigm Group Incorporated will post 37.99 earnings per share for the current year.
Institutional Trading of Transdigm Group
Hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC grew its position in Transdigm Group by 29.3% in the 1st quarter. Empowered Funds LLC now owns 5,717 shares of the aerospace company's stock worth $6,626,000 after purchasing an additional 1,296 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Transdigm Group by 0.3% during the first quarter. NewEdge Advisors LLC now owns 3,297 shares of the aerospace company's stock valued at $3,822,000 after buying an additional 11 shares during the last quarter. Optiver Holding B.V. bought a new stake in shares of Transdigm Group in the first quarter valued at about $323,000. First Nebraska Trust Co bought a new stake in shares of Transdigm Group in the first quarter valued at about $225,000. Finally, Blue Fin Capital Inc. grew its position in Transdigm Group by 7.6% during the first quarter. Blue Fin Capital Inc. now owns 1,531 shares of the aerospace company's stock worth $1,775,000 after buying an additional 108 shares in the last quarter. 95.78% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
TDG has been the topic of several recent analyst reports. BNP Paribas Exane dropped their target price on shares of Transdigm Group from $1,800.00 to $1,750.00 and set an "outperform" rating on the stock in a report on Thursday, May 14th. UBS Group lowered their price target on Transdigm Group from $1,745.00 to $1,645.00 and set a "buy" rating on the stock in a research report on Wednesday, May 6th. BMO Capital Markets dropped their price objective on Transdigm Group from $1,550.00 to $1,450.00 and set an "outperform" rating on the stock in a research note on Tuesday, March 31st. JPMorgan Chase & Co. boosted their price objective on Transdigm Group from $1,440.00 to $1,450.00 and gave the stock a "neutral" rating in a research report on Monday, June 15th. Finally, Wells Fargo & Company assumed coverage on Transdigm Group in a research note on Wednesday, April 1st. They set an "equal weight" rating and a $1,200.00 target price for the company. Nine research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $1,513.56.
Read Our Latest Stock Analysis on Transdigm Group
Transdigm Group Company Profile
(
Get Free Report)
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.
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