Teledyne Technologies Incorporated (NYSE:TDY) Receives $721.67 Average PT from Analysts

Shares of Teledyne Technologies Incorporated (NYSE:TDY) have earned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $721.6667.

Several brokerages recently issued reports on TDY. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Barclays boosted their price target on Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Morgan Stanley upped their price objective on shares of Teledyne Technologies from $680.00 to $715.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Needham & Company LLC increased their price objective on shares of Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, Zacks Research downgraded shares of Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th.

Teledyne Technologies Trading Down 0.5%

NYSE TDY opened at $607.30 on Thursday. Teledyne Technologies has a 52 week low of $483.02 and a 52 week high of $697.67. The company has a 50 day moving average price of $647.93 and a 200 day moving average price of $640.26. The company has a quick ratio of 1.39, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. The firm has a market cap of $28.15 billion, a PE ratio of 29.32, a price-to-earnings-growth ratio of 2.66 and a beta of 0.91.

Teledyne Technologies (NYSE:TDY) last announced its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, beating the consensus estimate of $5.79 by $0.49. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.58 billion. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. Teledyne Technologies’s revenue was up 9.8% compared to the same quarter last year. During the same period last year, the firm earned $5.20 earnings per share. 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. As a group, sell-side analysts forecast that Teledyne Technologies will post 24.69 EPS for the current fiscal year.

Insider Activity at Teledyne Technologies

In related news, Director Simon M. Lorne sold 6,449 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total value of $4,387,512.66. Following the transaction, the director directly owned 55,783 shares of the company’s stock, valued at $37,951,406.22. This represents a 10.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 1.36% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Meeder Asset Management Inc. acquired a new stake in shares of Teledyne Technologies during the first quarter worth about $27,000. Allied Private Wealth LLC purchased a new stake in Teledyne Technologies in the second quarter valued at approximately $28,000. Trust Co. of Vermont acquired a new position in Teledyne Technologies in the 2nd quarter worth approximately $28,000. Pin Oak Investment Advisors Inc. purchased a new position in Teledyne Technologies during the 2nd quarter worth approximately $33,000. Finally, DV Equities LLC purchased a new position in Teledyne Technologies during the 4th quarter worth approximately $33,000. 91.58% of the stock is owned by institutional investors and hedge funds.

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.