TransDigm Group Stock Performance
Shares of TDG stock opened at $755.68 on Wednesday. TransDigm Group Incorporated has a 1 year low of $499.63 and a 1 year high of $766.71. The stock has a market cap of $41.26 billion, a PE ratio of 51.09, a price-to-earnings-growth ratio of 1.70 and a beta of 1.38. The business’s fifty day moving average is $665.82 and its 200-day moving average is $620.38.
Analyst Upgrades and Downgrades
TDG has been the topic of a number of research reports. Truist Financial increased their price target on TransDigm Group from $710.00 to $810.00 in a research report on Wednesday, February 8th. Susquehanna increased their price target on TransDigm Group from $665.00 to $750.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 8th. Morgan Stanley increased their price target on TransDigm Group from $765.00 to $793.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 8th. Royal Bank of Canada increased their price target on TransDigm Group from $750.00 to $800.00 in a research report on Wednesday, February 8th. Finally, Credit Suisse Group increased their price target on TransDigm Group from $765.00 to $830.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 8th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $750.42.
Hedge Funds Weigh In On TransDigm Group
Several hedge funds have recently modified their holdings of TDG. Vanguard Group Inc. boosted its stake in shares of TransDigm Group by 2.1% during the 1st quarter. Vanguard Group Inc. now owns 5,602,332 shares of the aerospace company’s stock worth $3,650,144,000 after acquiring an additional 117,137 shares in the last quarter. BlackRock Inc. boosted its stake in shares of TransDigm Group by 1.3% during the 3rd quarter. BlackRock Inc. now owns 4,790,298 shares of the aerospace company’s stock worth $2,514,044,000 after acquiring an additional 60,702 shares in the last quarter. Principal Financial Group Inc. boosted its stake in shares of TransDigm Group by 5.6% during the 2nd quarter. Principal Financial Group Inc. now owns 3,257,661 shares of the aerospace company’s stock worth $1,748,289,000 after acquiring an additional 173,413 shares in the last quarter. Altarock Partners LLC boosted its stake in shares of TransDigm Group by 2.6% during the 2nd quarter. Altarock Partners LLC now owns 1,458,679 shares of the aerospace company’s stock worth $782,829,000 after acquiring an additional 37,400 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of TransDigm Group by 2.7% during the 4th quarter. Geode Capital Management LLC now owns 1,036,174 shares of the aerospace company’s stock worth $651,215,000 after acquiring an additional 27,640 shares in the last quarter. 96.00% of the stock is currently owned by institutional investors and hedge funds.
TransDigm Group Company Profile
(Get Rating)
TransDigm Group, Inc engages in the production of engineered aerospace components, systems and subsystems. It operates through the following segments: Power and Control, Airframe, and Non-Aviation. The Power and Control segment includes operations that primarily develop, produce and market systems and components that provide power to or control power of the aircraft utilizing electronic, fluid, power and mechanical motion control technologies.
Read More
Receive News & Ratings for TransDigm Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for TransDigm Group and related companies with MarketBeat.com’s FREE daily email newsletter.