Teledyne Technologies (NYSE:TDY) Director Simon Lorne Sells 6,449 Shares of Stock

Teledyne Technologies Incorporated (NYSE:TDY) Director Simon Lorne sold 6,449 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the sale, the director owned 55,783 shares in the company, valued at approximately $37,951,406.22. This represents a 10.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Teledyne Technologies Stock Up 0.5%

TDY opened at $685.17 on Thursday. The company has a fifty day moving average of $641.51 and a two-hundred day moving average of $639.58. The stock has a market capitalization of $31.76 billion, a price-to-earnings ratio of 33.08, a PEG ratio of 2.97 and a beta of 0.92. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $697.67. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same period in the prior year, the company posted $5.20 EPS. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. On average, research analysts expect that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Zacks Research upgraded Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 24th. Stifel Nicolaus increased their target price on Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Needham & Company LLC boosted their price target on shares of Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Citigroup boosted their price target on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $715.83.

Institutional Investors Weigh In On Teledyne Technologies

Large investors have recently bought and sold shares of the company. US Asset Management LLC grew its holdings in shares of Teledyne Technologies by 3.5% during the fourth quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock worth $259,000 after buying an additional 17 shares in the last quarter. CX Institutional raised its position in shares of Teledyne Technologies by 2.8% in the second quarter. CX Institutional now owns 617 shares of the scientific and technical instruments company’s stock valued at $411,000 after buying an additional 17 shares during the last quarter. CENTRAL TRUST Co lifted its stake in shares of Teledyne Technologies by 24.3% in the first quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company’s stock worth $56,000 after buying an additional 18 shares in the last quarter. Assetmark Inc. lifted its stake in shares of Teledyne Technologies by 10.5% in the first quarter. Assetmark Inc. now owns 190 shares of the scientific and technical instruments company’s stock worth $115,000 after buying an additional 18 shares in the last quarter. Finally, Cresset Asset Management LLC boosted its position in Teledyne Technologies by 2.5% during the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after acquiring an additional 20 shares during the last quarter. 91.58% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Teledyne Technologies

Here are the key news stories impacting Teledyne Technologies this week:

• Positive Sentiment: $1.1 billion Varex Imaging acquisition: Teledyne agreed to acquire Varex Imaging for $18.90 per share in cash, expanding its medical and industrial X-ray imaging capabilities. The deal could broaden Teledyne’s imaging portfolio and create longer-term growth and synergy opportunities. Teledyne Technologies Agrees $1.1 Billion Imaging Deal
• Positive Sentiment: Defense order milestone: Teledyne FLIR Defense delivered its 3,000th Ranger radar, highlighting demand for its unmanned-systems and surveillance technology. The milestone supports the company’s defense growth narrative and revenue visibility. Teledyne FLIR Defense Delivers 3,000th Ranger Radar
• Positive Sentiment: Strong operating backdrop: Recent coverage points to Teledyne’s better-than-expected quarterly results, including revenue growth and EPS above consensus, while analysts continue to view the company as an S&P 500 technology stock to watch. Why Is Teledyne an S&P 500 Stock to Watch After Q2?
• Neutral Sentiment: Analyst commentary: A separate report provides market perspectives on Teledyne and other technology companies but does not indicate a clear change in TDY’s consensus rating or price target. Analysts Offer Insights on Teledyne Technologies
• Negative Sentiment: Director sells shares: Director Simon M. Lorne sold 6,449 TDY shares worth approximately $4.4 million, reducing his direct ownership by 10.36%. While insider sales do not necessarily signal deteriorating fundamentals, the transaction may weigh modestly on sentiment. SEC Insider Transaction Filing
• Negative Sentiment: Deal scrutiny: A law firm is investigating whether Varex shareholders are receiving adequate consideration and whether the sale process was proper. The inquiry introduces potential execution and legal uncertainty around Teledyne’s acquisition. Varex Imaging Investor Alert

Teledyne Technologies Company Profile

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.