Teledyne Technologies Incorporated (NYSE:TDY) Receives $650.33 Consensus Target Price from Brokerages

Teledyne Technologies Incorporated (NYSE:TDY) has received an average rating of “Moderate Buy” from the ten research firms that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $650.3333.

TDY has been the subject of a number of research reports. Jefferies Financial Group upped their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Barclays upped their price objective on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research note on Thursday, January 22nd. Citigroup raised their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Finally, Needham & Company LLC upped their price target on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd.

Insiders Place Their Bets

In related news, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the completion of the sale, the insider directly owned 51,025 shares in the company, valued at approximately $32,192,693. This trade represents a 8.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the transaction, the director directly owned 47,328 shares in the company, valued at $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 11,500 shares of company stock worth $7,214,750 in the last three months. 1.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Teledyne Technologies

Several institutional investors have recently made changes to their positions in TDY. Prudential Financial Inc. grew its stake in shares of Teledyne Technologies by 9.5% in the second quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock worth $13,981,000 after purchasing an additional 2,369 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Teledyne Technologies by 105.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock valued at $6,649,000 after buying an additional 5,825 shares in the last quarter. Vanguard Group Inc. increased its stake in Teledyne Technologies by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock valued at $3,463,970,000 after buying an additional 69,284 shares during the period. Allianz Asset Management GmbH lifted its stake in shares of Teledyne Technologies by 843.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock worth $13,480,000 after acquiring an additional 20,562 shares during the period. Finally, Synergy Asset Management LLC acquired a new stake in shares of Teledyne Technologies in the 3rd quarter worth approximately $25,153,000. Hedge funds and other institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Stock Performance

NYSE TDY opened at $654.03 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. The stock’s 50 day simple moving average is $616.33 and its 200-day simple moving average is $563.67. The company has a market cap of $30.29 billion, a PE ratio of 34.59, a price-to-earnings-growth ratio of 3.20 and a beta of 0.99. Teledyne Technologies has a 1-year low of $419.00 and a 1-year high of $693.38.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, topping the consensus estimate of $5.83 by $0.47. The firm had revenue of $1.61 billion during 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 firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the previous year, the business earned $5.52 earnings per share. 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. As a group, equities research analysts anticipate that Teledyne Technologies will post 21.55 EPS for the current fiscal year.

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.