Teledyne Technologies (NYSE:TDY) Price Target Raised to $680.00

Teledyne Technologies (NYSE:TDY) had its price objective upped by Morgan Stanley from $620.00 to $680.00 in a report issued on Wednesday,Benzinga reports. They currently have an equal weight rating on the scientific and technical instruments company’s stock.

Several other research analysts also recently commented on TDY. Jefferies Financial Group raised their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Stifel Nicolaus increased their price objective on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Barclays boosted their target price on shares of Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a report on Thursday, January 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Finally, Citigroup lifted their price target on shares of Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Teledyne Technologies presently has an average rating of “Moderate Buy” and an average target price of $650.33.

Teledyne Technologies Stock Down 1.0%

Shares of NYSE:TDY opened at $648.40 on Wednesday. Teledyne Technologies has a 52-week low of $419.00 and a 52-week high of $693.38. The stock has a 50 day moving average price of $613.58 and a 200-day moving average price of $562.59. The firm has a market capitalization of $30.03 billion, a P/E ratio of 34.29, a P/E/G ratio of 3.24 and a beta of 0.99. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. Teledyne Technologies’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the business 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. As a group, equities research analysts anticipate that Teledyne Technologies will post 21.55 EPS for the current fiscal year.

Insider Buying and Selling at Teledyne Technologies

In other Teledyne Technologies news, Vice Chairman Jason Vanwees sold 5,000 shares of Teledyne Technologies stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total value of $3,154,600.00. Following the completion of the transaction, the insider directly owned 51,025 shares of the company’s stock, valued at $32,192,693. This trade represents a 8.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Michael T. Smith sold 2,469 shares of the stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the transaction, the director directly owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. The trade was a 4.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,500 shares of company stock valued at $7,214,750 in the last quarter. 1.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Teledyne Technologies

A number of institutional investors have recently modified their holdings of the stock. Abich Financial Wealth Management LLC acquired a new position in shares of Teledyne Technologies in the 3rd quarter valued at $26,000. SBI Securities Co. Ltd. increased its holdings in Teledyne Technologies by 75.9% in the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 22 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Teledyne Technologies in the fourth quarter worth about $28,000. Rexford Capital Inc. acquired a new position in shares of Teledyne Technologies in the second quarter worth about $29,000. Finally, DV Equities LLC purchased a new stake in shares of Teledyne Technologies during the 4th quarter worth about $33,000. 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.