Teledyne Technologies Incorporated (NYSE:TDY) has been given a consensus broker rating score of 2.50 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. Teledyne Technologies’ rating score has improved by 16.7% from 90 days ago as a result of various analysts’ upgrades and downgrades.

Analysts have set a 1-year consensus price objective of $150.00 for the company and are anticipating that the company will post $1.57 EPS for the current quarter, according to Zacks. Zacks has also assigned Teledyne Technologies an industry rank of 94 out of 265 based on the ratings given to related companies.

Several equities analysts have recently weighed in on the stock. ValuEngine raised shares of Teledyne Technologies from a “hold” rating to a “buy” rating in a research note on Friday, September 8th. Jefferies Group LLC reissued a “hold” rating and issued a $150.00 price target (up from $145.00) on shares of Teledyne Technologies in a research note on Wednesday, August 9th. Needham & Company LLC reissued a “buy” rating and issued a $157.00 price target (up from $148.00) on shares of Teledyne Technologies in a research note on Wednesday, August 9th. BidaskClub raised shares of Teledyne Technologies from a “hold” rating to a “buy” rating in a research note on Tuesday, August 8th. Finally, Zacks Investment Research raised shares of Teledyne Technologies from a “hold” rating to a “buy” rating and set a $166.00 price target on the stock in a research note on Tuesday, August 8th.

In other news, VP Thomas H. Reslewic bought 5,000 shares of Teledyne Technologies stock in a transaction on Thursday, June 29th. The shares were bought at an average cost of $124.50 per share, with a total value of $622,500.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Roxanne S. Austin sold 4,000 shares of Teledyne Technologies stock in a transaction dated Wednesday, August 30th. The stock was sold at an average price of $148.30, for a total transaction of $593,200.00. Following the transaction, the director now directly owns 11,458 shares in the company, valued at $1,699,221.40. The disclosure for this sale can be found here. Insiders have sold 14,000 shares of company stock worth $2,060,420 over the last ninety days. 3.30% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of the business. Ironwood Investment Management LLC raised its stake in Teledyne Technologies by 0.7% during the second quarter. Ironwood Investment Management LLC now owns 2,711 shares of the scientific and technical instruments company’s stock worth $346,000 after purchasing an additional 18 shares during the period. Envestnet Asset Management Inc. raised its stake in Teledyne Technologies by 2.5% during the first quarter. Envestnet Asset Management Inc. now owns 1,188 shares of the scientific and technical instruments company’s stock worth $149,000 after purchasing an additional 29 shares during the period. Teacher Retirement System of Texas raised its stake in Teledyne Technologies by 1.3% during the second quarter. Teacher Retirement System of Texas now owns 2,651 shares of the scientific and technical instruments company’s stock worth $338,000 after purchasing an additional 35 shares during the period. Northwestern Mutual Investment Management Company LLC raised its stake in Teledyne Technologies by 0.8% during the first quarter. Northwestern Mutual Investment Management Company LLC now owns 6,069 shares of the scientific and technical instruments company’s stock worth $767,000 after purchasing an additional 47 shares during the period. Finally, World Asset Management Inc raised its stake in Teledyne Technologies by 2.8% during the second quarter. World Asset Management Inc now owns 2,199 shares of the scientific and technical instruments company’s stock worth $281,000 after purchasing an additional 59 shares during the period. 82.85% of the stock is currently owned by institutional investors.

Shares of Teledyne Technologies (NYSE:TDY) opened at 158.25 on Tuesday. The company’s 50-day moving average is $147.50 and its 200 day moving average is $134.63. The firm has a market cap of $5.59 billion, a price-to-earnings ratio of 29.18 and a beta of 0.96. Teledyne Technologies has a 52-week low of $101.90 and a 52-week high of $158.33.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Thursday, August 3rd. The scientific and technical instruments company reported $1.74 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.25 by $0.49. The firm had revenue of $671.10 million for the quarter, compared to the consensus estimate of $636.18 million. Teledyne Technologies had a net margin of 8.44% and a return on equity of 13.80%. The company’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same period last year, the firm posted $1.32 earnings per share. On average, analysts expect that Teledyne Technologies will post $5.69 earnings per share for the current fiscal year.

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About Teledyne Technologies

Teledyne Technologies Incorporated provides enabling technologies for industrial growth markets. The Company’s segments include Instrumentation, Digital Imaging, Aerospace and Defense Electronics, and Engineered Systems. Instrumentation segment provides monitoring and control instruments for marine, environmental, industrial and other applications, as well as electronic test and measurement equipment.

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