Teledyne Technologies Incorporated (NYSE:TDY) Receives Average Rating of “Moderate Buy” from Analysts

Teledyne Technologies Incorporated (NYSE:TDY) has been assigned an average recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $606.2857.

A number of brokerages have recently issued reports on TDY. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research report on Wednesday, October 8th. Morgan Stanley lifted their price objective on shares of Teledyne Technologies from $580.00 to $620.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 15th. Needham & Company LLC increased their target price on shares of Teledyne Technologies from $585.00 to $615.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Barclays lowered their target price on shares of Teledyne Technologies from $606.00 to $584.00 and set an “equal weight” rating on the stock in a report on Thursday, October 23rd. Finally, Stifel Nicolaus boosted their price target on Teledyne Technologies from $626.00 to $645.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd.

Teledyne Technologies Stock Down 0.4%

TDY opened at $492.92 on Tuesday. The stock’s fifty day simple moving average is $543.83 and its 200 day simple moving average is $530.68. Teledyne Technologies has a 1-year low of $419.00 and a 1-year high of $595.99. The stock has a market cap of $23.14 billion, a PE ratio of 28.54, a price-to-earnings-growth ratio of 2.43 and a beta of 1.12. The company has a current ratio of 1.79, a quick ratio of 1.20 and a debt-to-equity ratio of 0.20.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data on Wednesday, October 22nd. The scientific and technical instruments company reported $5.57 EPS for the quarter, beating the consensus estimate of $5.47 by $0.10. The firm had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.53 billion. Teledyne Technologies had a net margin of 13.62% and a return on equity of 9.95%. The company’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $5.10 earnings per share. Teledyne Technologies has set its FY 2025 guidance at 21.450-21.600 EPS. Q4 2025 guidance at 5.730-5.880 EPS. As a group, research analysts expect that Teledyne Technologies will post 21.55 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Teledyne Technologies by 1.2% during the third quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock worth $3,463,970,000 after purchasing an additional 69,284 shares during the period. State Street Corp raised its position in shares of Teledyne Technologies by 2.9% in the 3rd quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company’s stock valued at $1,291,957,000 after buying an additional 61,135 shares in the last quarter. Dodge & Cox raised its position in shares of Teledyne Technologies by 12.2% in the 3rd quarter. Dodge & Cox now owns 1,680,962 shares of the scientific and technical instruments company’s stock valued at $985,111,000 after buying an additional 183,222 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in shares of Teledyne Technologies by 10.9% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,459,422 shares of the scientific and technical instruments company’s stock worth $726,369,000 after acquiring an additional 143,062 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Teledyne Technologies by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 1,242,610 shares of the scientific and technical instruments company’s stock worth $635,107,000 after acquiring an additional 28,461 shares in the last quarter. Institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Company Profile

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.