Key Points
- Director W. Nicholas Howley sold 10,132 TransDigm shares for approximately $12.5 million at an average price of $1,236.28, reducing his direct ownership by 31.98% to 21,548 shares.
- TransDigm reported quarterly EPS of $10.87 and revenue of $2.74 billion, exceeding analyst expectations, while revenue increased 22.5% year over year.
- The stock has a consensus rating of “Hold” with an average price target of $1,463.71; institutional investors own 95.78% of outstanding shares.
Transdigm Group Incorporated (NYSE:TDG - Get Free Report) Director W Nicholas Howley sold 10,132 shares of the company's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $1,236.28, for a total value of $12,525,988.96. Following the completion of the transaction, the director directly owned 21,548 shares in the company, valued at approximately $26,639,361.44. The trade was a 31.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
W Nicholas Howley also recently made the following trade(s):
- On Monday, July 20th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The stock was sold at an average price of $1,216.08, for a total value of $12,321,322.56.
- On Thursday, June 18th, W Nicholas Howley sold 10,132 shares of Transdigm Group stock. The stock was sold at an average price of $1,319.55, for a total value of $13,369,680.60.
Transdigm Group Stock Performance
Transdigm Group stock opened at $1,222.24 on Thursday. The business's 50-day simple moving average is $1,272.29 and its two-hundred day simple moving average is $1,248.75. The company has a market cap of $68.36 billion, a PE ratio of 37.08, a PEG ratio of 2.06 and a beta of 0.91. Transdigm Group Incorporated has a fifty-two week low of $1,123.61 and a fifty-two week high of $1,463.03.
Transdigm Group (NYSE:TDG - Get Free Report) last released its earnings results 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 company's revenue was up 22.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $9.60 earnings per share. Transdigm Group has set its FY 2026 guidance at 40.620-41.460 EPS. As a group, analysts predict that Transdigm Group Incorporated will post 38.81 EPS for the current fiscal year.
Institutional Investors Weigh In On Transdigm Group
A number of hedge funds have recently modified their holdings of TDG. IFP Advisors Inc lifted its position in Transdigm Group by 392.9% during the fourth quarter. IFP Advisors Inc now owns 1,592 shares of the aerospace company's stock worth $2,117,000 after buying an additional 1,269 shares in the last quarter. DNB Asset Management AS boosted its stake in Transdigm Group by 11.6% during the fourth quarter. DNB Asset Management AS now owns 25,824 shares of the aerospace company's stock worth $34,342,000 after buying an additional 2,685 shares during the last quarter. HighTower Advisors LLC grew its holdings in Transdigm Group by 8.0% in the 4th quarter. HighTower Advisors LLC now owns 17,230 shares of the aerospace company's stock valued at $22,914,000 after buying an additional 1,281 shares in the last quarter. Capital Research Global Investors grew its holdings in Transdigm Group by 12.2% in the 4th quarter. Capital Research Global Investors now owns 2,476,661 shares of the aerospace company's stock valued at $3,293,527,000 after buying an additional 268,824 shares in the last quarter. Finally, Pier 88 Investment Partners LLC acquired a new stake in shares of Transdigm Group in the 4th quarter worth $3,192,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on TDG. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Transdigm Group from $1,306.00 to $1,350.00 and gave the stock a "hold" rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. upped their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a "neutral" rating in a report on Monday, June 15th. Jefferies Financial Group increased their price target on Transdigm Group from $1,565.00 to $1,575.00 in a research report on Monday, May 11th. UBS Group lifted their price objective 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. Finally, BNP Paribas Exane decreased their price objective on Transdigm Group from $1,800.00 to $1,750.00 and set an "outperform" rating for the company in a report on Thursday, May 14th. Six analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Transdigm Group presently has an average rating of "Hold" and a consensus price target of $1,463.71.
View Our Latest Analysis on TDG
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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