Teledyne Technologies (NYSE:TDY) Sets New 1-Year High – Time to Buy?

Teledyne Technologies Incorporated (NYSE:TDY)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $650.00 and last traded at $647.9150, with a volume of 4108 shares trading hands. The stock had previously closed at $628.47.

Wall Street Analyst Weigh In

Several brokerages recently commented on TDY. Stifel Nicolaus boosted their price target on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Citigroup upped their price target on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Barclays lifted their price objective on Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a report on Thursday, January 22nd. Finally, Needham & Company LLC increased their target price on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Teledyne Technologies presently has a consensus rating of “Moderate Buy” and a consensus price target of $627.88.

Teledyne Technologies Stock Performance

The company has a market cap of $31.00 billion, a PE ratio of 34.92, a PEG ratio of 3.25 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64. The firm’s 50 day moving average is $557.94 and its 200-day moving average is $547.55.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping the consensus estimate of $5.83 by $0.47. The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The business’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.52 EPS. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. On average, research analysts anticipate that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $621.00, for a total value of $1,533,249.00. Following the completion of the sale, the director directly owned 47,328 shares of the company’s stock, valued at $29,390,688. This trade represents a 4.96% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Vice Chairman Jason Vanwees sold 2,500 shares of Teledyne Technologies stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total value of $1,576,150.00. Following the transaction, the insider owned 2,644 shares in the company, valued at approximately $1,666,936.24. This represents a 48.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 11,500 shares of company stock valued at $7,214,750. 1.50% of the stock is owned by company insiders.

Institutional Trading of Teledyne Technologies

Several hedge funds have recently made changes to their positions in TDY. TD Asset Management Inc raised its position in shares of Teledyne Technologies by 1.5% during the 4th quarter. TD Asset Management Inc now owns 21,548 shares of the scientific and technical instruments company’s stock valued at $11,005,000 after buying an additional 323 shares during the period. Lido Advisors LLC increased its stake in Teledyne Technologies by 4.9% during the fourth quarter. Lido Advisors LLC now owns 2,355 shares of the scientific and technical instruments company’s stock worth $1,203,000 after acquiring an additional 110 shares during the last quarter. Bowen Hanes & Co. Inc. raised its position in Teledyne Technologies by 1.1% in the fourth quarter. Bowen Hanes & Co. Inc. now owns 185,504 shares of the scientific and technical instruments company’s stock valued at $94,742,000 after purchasing an additional 1,980 shares during the period. Nvest Financial LLC raised its position in Teledyne Technologies by 30.7% in the fourth quarter. Nvest Financial LLC now owns 1,848 shares of the scientific and technical instruments company’s stock valued at $944,000 after purchasing an additional 434 shares during the period. Finally, CIBC Asset Management Inc lifted its stake in shares of Teledyne Technologies by 66.0% in the 4th quarter. CIBC Asset Management Inc now owns 11,073 shares of the scientific and technical instruments company’s stock valued at $5,655,000 after purchasing an additional 4,403 shares during the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.

About Teledyne Technologies

Teledyne Technologies (NYSE: TDY), headquartered in Thousand Oaks, California, is a diversified industrial technology company that designs, manufactures and supports sophisticated electronic systems, instruments and imaging products. Founded in 1960 by Henry Singleton and George Kozmetsky, Teledyne has grown into a multinational provider of high-performance equipment and software for commercial, scientific and government customers. Its offerings are used in markets that include aerospace and defense, marine, industrial manufacturing, environmental monitoring and scientific research.

The company operates through businesses that develop precision instrumentation, digital imaging products, engineered systems and aerospace and defense electronics.