Q4 2024 EPS Estimates for TransDigm Group Incorporated (NYSE:TDG) Lifted by Analyst

TransDigm Group Incorporated (NYSE:TDG) – Equities research analysts at William Blair lifted their Q4 2024 earnings per share estimates for TransDigm Group in a research report issued on Wednesday, June 26th. William Blair analyst L. Dipalma now expects that the aerospace company will post earnings per share of $8.29 for the quarter, up from their prior estimate of $8.03. The consensus estimate for TransDigm Group’s current full-year earnings is $30.04 per share. William Blair also issued estimates for TransDigm Group’s FY2025 earnings at $36.29 EPS.

Several other equities analysts have also weighed in on the company. Morgan Stanley increased their price objective on TransDigm Group from $1,275.00 to $1,550.00 and gave the company an “overweight” rating in a report on Thursday, May 9th. Wells Fargo & Company raised their price target on TransDigm Group from $1,260.00 to $1,390.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 8th. The Goldman Sachs Group raised their price target on TransDigm Group from $1,285.00 to $1,518.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. Robert W. Baird raised their price target on TransDigm Group from $1,290.00 to $1,357.00 and gave the stock an “outperform” rating in a report on Wednesday, May 8th. Finally, Stifel Nicolaus raised their price target on TransDigm Group from $1,300.00 to $1,325.00 and gave the stock a “hold” rating in a report on Friday, June 7th. Six analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,414.06.

TransDigm Group Trading Down 1.9 %

Shares of NYSE TDG opened at $1,252.72 on Monday. The stock has a fifty day simple moving average of $1,303.77 and a two-hundred day simple moving average of $1,186.89. TransDigm Group has a 1-year low of $802.46 and a 1-year high of $1,369.57. The firm has a market cap of $70.10 billion, a price-to-earnings ratio of 49.69, a price-to-earnings-growth ratio of 2.16 and a beta of 1.38.

TransDigm Group (NYSE:TDG) last announced its quarterly earnings data on Tuesday, May 7th. The aerospace company reported $7.99 earnings per share for the quarter, beating the consensus estimate of $7.42 by $0.57. TransDigm Group had a negative return on equity of 63.35% and a net margin of 21.22%. The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $1.88 billion. During the same period in the prior year, the company earned $5.39 earnings per share. TransDigm Group’s revenue was up 20.5% compared to the same quarter last year.

Insider Activity at TransDigm Group

In related news, Director Robert J. Small sold 30,000 shares of TransDigm Group stock in a transaction on Friday, June 7th. The stock was sold at an average price of $1,323.86, for a total transaction of $39,715,800.00. Following the completion of the sale, the director now owns 112,381 shares of the company’s stock, valued at $148,776,710.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other TransDigm Group news, Director Robert J. Small sold 30,000 shares of the firm’s stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $1,323.86, for a total transaction of $39,715,800.00. Following the sale, the director now owns 112,381 shares in the company, valued at $148,776,710.66. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Kevin M. Stein sold 10,000 shares of the firm’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $1,216.16, for a total value of $12,161,600.00. Following the sale, the chief executive officer now owns 8,158 shares in the company, valued at approximately $9,921,433.28. The disclosure for this sale can be found here. Over the last quarter, insiders sold 100,833 shares of company stock valued at $131,249,183. Company insiders own 4.96% of the company’s stock.

Institutional Investors Weigh In On TransDigm Group

A number of large investors have recently added to or reduced their stakes in TDG. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of TransDigm Group by 0.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 966 shares of the aerospace company’s stock worth $1,190,000 after buying an additional 8 shares during the period. Team Hewins LLC increased its holdings in shares of TransDigm Group by 3.0% in the first quarter. Team Hewins LLC now owns 275 shares of the aerospace company’s stock worth $339,000 after buying an additional 8 shares during the period. Souders Financial Advisors increased its holdings in shares of TransDigm Group by 1.1% in the first quarter. Souders Financial Advisors now owns 767 shares of the aerospace company’s stock worth $945,000 after buying an additional 8 shares during the period. Coldstream Capital Management Inc. increased its holdings in shares of TransDigm Group by 1.6% in the fourth quarter. Coldstream Capital Management Inc. now owns 570 shares of the aerospace company’s stock worth $577,000 after buying an additional 9 shares during the period. Finally, Checchi Capital Advisers LLC increased its holdings in shares of TransDigm Group by 1.0% in the first quarter. Checchi Capital Advisers LLC now owns 918 shares of the aerospace company’s stock worth $1,131,000 after buying an additional 9 shares during the period. Hedge funds and other institutional investors own 95.78% of the company’s stock.

About TransDigm Group

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.