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

Shares of Teledyne Technologies Incorporated (NYSE:TDY) have been assigned a consensus rating of “Moderate Buy” from the nine ratings firms that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $605.3750.

TDY has been the subject of several analyst reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Barclays decreased their price objective on Teledyne Technologies from $584.00 to $579.00 and set an “equal weight” rating for the company in a research note on Monday. Stifel Nicolaus boosted their price objective on Teledyne Technologies from $626.00 to $645.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Citigroup lifted their price target on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Morgan Stanley boosted their price target on shares of Teledyne Technologies from $580.00 to $620.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 15th.

Teledyne Technologies Price Performance

Shares of TDY opened at $554.48 on Wednesday. The company has a market cap of $26.03 billion, a P/E ratio of 32.11, a PEG ratio of 2.34 and a beta of 1.03. Teledyne Technologies has a fifty-two week low of $419.00 and a fifty-two week high of $595.99. The company has a quick ratio of 1.20, a current ratio of 1.79 and a debt-to-equity ratio of 0.20. The firm’s 50 day moving average price is $513.14 and its 200 day moving average price is $536.27.

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

Institutional Trading of Teledyne Technologies

Institutional investors have recently bought and sold shares of the business. Swedbank AB grew its holdings in shares of Teledyne Technologies by 7.4% during the second quarter. Swedbank AB now owns 17,496 shares of the scientific and technical instruments company’s stock worth $8,963,000 after buying an additional 1,200 shares in the last quarter. Lecap Asset Management Ltd. acquired a new stake in Teledyne Technologies during the 2nd quarter worth approximately $808,000. Prudential Financial Inc. raised its stake in shares of Teledyne Technologies by 9.5% in the 2nd quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock valued at $13,981,000 after acquiring an additional 2,369 shares during the period. Synergy Asset Management LLC purchased a new stake in shares of Teledyne Technologies in the third quarter worth about $25,153,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Teledyne Technologies by 86.6% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 12,201 shares of the scientific and technical instruments company’s stock valued at $6,251,000 after acquiring an additional 5,663 shares in the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

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.