Zacks Research Forecasts Weaker Earnings for TransDigm Group

TransDigm Group Incorporated (NYSE:TDG - Free Report) - Analysts at Zacks Research cut their Q3 2026 earnings estimates for shares of TransDigm Group in a research report issued on Wednesday, January 15th. Zacks Research analyst R. Department now expects that the aerospace company will post earnings of $9.18 per share for the quarter, down from their prior forecast of $9.20. The consensus estimate for TransDigm Group's current full-year earnings is $34.23 per share.

A number of other equities research analysts also recently weighed in on the company. Barclays reiterated an "equal weight" rating and issued a $1,500.00 target price on shares of TransDigm Group in a report on Monday, January 6th. Citigroup boosted their target price on shares of TransDigm Group from $1,563.00 to $1,600.00 and gave the company a "buy" rating in a research report on Thursday, December 5th. Truist Financial raised their price target on shares of TransDigm Group from $1,482.00 to $1,534.00 and gave the stock a "buy" rating in a report on Tuesday. StockNews.com upgraded TransDigm Group from a "hold" rating to a "buy" rating in a report on Wednesday, January 8th. Finally, JPMorgan Chase & Co. raised their price objective on shares of TransDigm Group from $1,435.00 to $1,555.00 and gave the company a "neutral" rating in a research note on Monday, October 14th. Eight investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat, TransDigm Group has a consensus rating of "Moderate Buy" and a consensus target price of $1,455.00.

TransDigm Group Stock Up 1.2 %

TransDigm Group stock traded up $15.70 during mid-day trading on Friday, hitting $1,337.72. 113,084 shares of the stock were exchanged, compared to its average volume of 247,072. The stock has a market capitalization of $75.22 billion, a price-to-earnings ratio of 52.30, a PEG ratio of 2.84 and a beta of 1.38. TransDigm Group has a 12 month low of $1,032.43 and a 12 month high of $1,451.32. The firm's fifty day simple moving average is $1,277.95 and its two-hundred day simple moving average is $1,305.97.

Hedge Funds Weigh In On TransDigm Group

Several hedge funds have recently made changes to their positions in TDG. First Personal Financial Services bought a new position in TransDigm Group in the 3rd quarter worth about $29,000. Erste Asset Management GmbH bought a new position in shares of TransDigm Group in the third quarter valued at approximately $29,000. Trust Co. of Vermont grew its stake in TransDigm Group by 150.0% during the fourth quarter. Trust Co. of Vermont now owns 25 shares of the aerospace company's stock valued at $32,000 after acquiring an additional 15 shares in the last quarter. Versant Capital Management Inc increased its holdings in TransDigm Group by 225.0% during the 4th quarter. Versant Capital Management Inc now owns 26 shares of the aerospace company's stock worth $33,000 after acquiring an additional 18 shares during the period. Finally, DT Investment Partners LLC increased its holdings in TransDigm Group by 68.8% during the 3rd quarter. DT Investment Partners LLC now owns 27 shares of the aerospace company's stock worth $39,000 after acquiring an additional 11 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at TransDigm Group

In related news, COO Joel Reiss sold 3,000 shares of TransDigm Group stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $1,257.09, for a total value of $3,771,270.00. Following the completion of the transaction, the chief operating officer now directly owns 3,600 shares in the company, valued at approximately $4,525,524. The trade was a 45.45 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Kevin M. Stein sold 20,000 shares of the business's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $1,248.07, for a total transaction of $24,961,400.00. Following the sale, the chief executive officer now directly owns 8,158 shares in the company, valued at $10,181,755.06. The trade was a 71.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 86,525 shares of company stock worth $108,692,621 over the last ninety days. 4.96% of the stock is currently owned by company insiders.

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.