Zacks Research Expects Higher Earnings for TransDigm Group

TransDigm Group Incorporated (NYSE:TDG) – Zacks Research upped their Q4 2024 earnings per share (EPS) estimates for shares of TransDigm Group in a research note issued on Tuesday, October 22nd. Zacks Research analyst R. Department now anticipates that the aerospace company will earn $8.50 per share for the quarter, up from their prior estimate of $8.49. The consensus estimate for TransDigm Group’s current full-year earnings is $30.71 per share. Zacks Research also issued estimates for TransDigm Group’s Q2 2025 earnings at $8.52 EPS, Q4 2025 earnings at $9.86 EPS and Q3 2026 earnings at $9.93 EPS.

TransDigm Group (NYSE:TDG) last posted its earnings results on Tuesday, August 6th. The aerospace company reported $9.00 EPS for the quarter, topping the consensus estimate of $7.77 by $1.23. TransDigm Group had a net margin of 21.83% and a negative return on equity of 66.70%. The firm had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.01 billion. During the same quarter last year, the firm earned $6.55 EPS. The company’s quarterly revenue was up 17.3% compared to the same quarter last year.

TDG has been the topic of several other research reports. Morgan Stanley increased their target price on shares of TransDigm Group from $1,550.00 to $1,575.00 and gave the company an “overweight” rating in a report on Wednesday, August 7th. StockNews.com lowered shares of TransDigm Group from a “buy” rating to a “hold” rating in a report on Monday, August 5th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of TransDigm Group from $1,524.00 to $1,577.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. Truist Financial increased their target price on shares of TransDigm Group from $1,425.00 to $1,483.00 and gave the stock a “buy” rating in a report on Wednesday, July 17th. Finally, KeyCorp upped their price target on shares of TransDigm Group from $1,440.00 to $1,500.00 and gave the company an “overweight” rating in a research note on Thursday. Eight analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,451.94.

TransDigm Group Stock Up 0.5 %

Shares of NYSE TDG opened at $1,357.59 on Thursday. TransDigm Group has a 52 week low of $811.42 and a 52 week high of $1,451.32. The company has a market cap of $76.17 billion, a P/E ratio of 50.23, a P/E/G ratio of 1.84 and a beta of 1.43. The business has a 50-day simple moving average of $1,363.90 and a two-hundred day simple moving average of $1,306.84.

Institutional Trading of TransDigm Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in TDG. Capital World Investors lifted its stake in TransDigm Group by 14.3% during the first quarter. Capital World Investors now owns 3,535,539 shares of the aerospace company’s stock valued at $4,354,369,000 after purchasing an additional 442,182 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of TransDigm Group by 13.1% during the first quarter. JPMorgan Chase & Co. now owns 1,669,460 shares of the aerospace company’s stock valued at $2,056,109,000 after acquiring an additional 192,962 shares during the period. Darsana Capital Partners LP acquired a new stake in shares of TransDigm Group during the second quarter valued at approximately $210,806,000. Vanguard Group Inc. raised its holdings in shares of TransDigm Group by 1.0% during the first quarter. Vanguard Group Inc. now owns 6,047,083 shares of the aerospace company’s stock valued at $7,447,587,000 after acquiring an additional 58,243 shares during the period. Finally, International Assets Investment Management LLC raised its holdings in shares of TransDigm Group by 108,517.8% during the third quarter. International Assets Investment Management LLC now owns 48,878 shares of the aerospace company’s stock valued at $69,755,000 after acquiring an additional 48,833 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CEO Kevin M. Stein sold 10,000 shares of the business’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $1,228.24, for a total transaction of $12,282,400.00. Following the completion of the sale, the chief executive officer now owns 8,158 shares of the company’s stock, valued at $10,019,981.92. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other TransDigm Group news, Director W Nicholas Howley sold 5,472 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $1,402.85, for a total transaction of $7,676,395.20. Following the completion of the transaction, the director now directly owns 21,548 shares of the company’s stock, valued at $30,228,611.80. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Kevin M. Stein sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $1,228.24, for a total transaction of $12,282,400.00. Following the completion of the sale, the chief executive officer now directly owns 8,158 shares of the company’s stock, valued at approximately $10,019,981.92. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 26,944 shares of company stock worth $35,823,485 in the last quarter. 4.96% of the stock is owned by corporate insiders.

TransDigm Group Increases Dividend

The firm also recently announced a special dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 4th were issued a dividend of $75.00 per share. This is a positive change from TransDigm Group’s previous special dividend of $32.50. The ex-dividend date of this dividend was Friday, October 4th.

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.