Teledyne Technologies (NYSE:TDY) Sets New 12-Month High Following Better-Than-Expected Earnings

Teledyne Technologies Incorporated (NYSE:TDY)’s stock price hit a new 52-week high during mid-day trading on Wednesday following a better than expected earnings announcement. The stock traded as high as $627.60 and last traded at $618.8850, with a volume of 237562 shares. The stock had previously closed at $566.23.

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 business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. Teledyne Technologies had a net margin of 13.62% and a return on equity of 9.95%. The firm’s revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.52 earnings per share. 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.

Key Teledyne Technologies News

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

• Positive Sentiment: Q4 results beat consensus: non‑GAAP EPS $6.30 vs. $5.83 expected and revenue $1.61B vs. ~$1.57B consensus; company set FY2026 EPS guidance of $23.45–23.85 and Q1 EPS guidance of $5.40–5.50. This combination of a beat plus clear guidance is the primary catalyst for the rally. Investing.com article
• Positive Sentiment: Defense and aerospace electronics were standout drivers — segment sales surged roughly 40%, helping overall revenue and margins and supporting confidence in out-year earnings. Investors.com article
• Positive Sentiment: Operational strength: company reported record quarterly and full‑year sales, solid operating profit expansion and strong operating cash flow ($379M in Q4). These fundamentals underpin the positive investor reaction. Press release
• Positive Sentiment: Product wins / mission exposure: Teledyne’s detectors launched on NASA’s BlackCAT CubeSat, highlighting space imaging revenue potential and technology validation. BusinessWire article
• Neutral Sentiment: New coverage: Morgan Stanley initiated coverage with an “equal weight” rating and a $620 target — essentially in line with current levels, so this is less likely to move the stock materially.
• Neutral Sentiment: Full earnings call and transcript available — provides detail on segment trends (digital imaging, instrumentation, aerospace/defense) for investors who want to re‑cast estimates. Earnings call transcript
• Negative Sentiment: Insider selling and some balance‑sheet notes are being highlighted by data providers (notable insider sales reported and cash balance down year‑over‑year), which could give cautious investors pause on valuation despite the beat. QuiverQuant article

Analysts Set New Price Targets

TDY has been the topic of a number of research reports. Citigroup upped 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, January 13th. Barclays reduced their price target on Teledyne Technologies from $584.00 to $579.00 and set an “equal weight” rating for the company in a report on Monday, January 12th. Needham & Company LLC increased their price objective on Teledyne Technologies from $585.00 to $615.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Stifel Nicolaus lifted their target price on shares of Teledyne Technologies from $626.00 to $645.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Finally, Morgan Stanley started coverage on shares of Teledyne Technologies in a research note on Wednesday. They set an “equal weight” rating and a $620.00 price target on the stock. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $605.38.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of TDY. Abich Financial Wealth Management LLC bought a new position in shares of Teledyne Technologies during the third quarter valued at $26,000. SBI Securities Co. Ltd. boosted its position in Teledyne Technologies by 75.9% in the 2nd 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 during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Teledyne Technologies during the fourth quarter valued at $28,000. Rexford Capital Inc. bought a new stake in Teledyne Technologies during the 2nd quarter worth about $29,000. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Teledyne Technologies during the 3rd quarter worth approximately $43,000. 91.58% of the stock is owned by institutional investors.

Teledyne Technologies Price Performance

The company’s fifty day moving average is $521.11 and its two-hundred day moving average is $538.92. 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 has a market capitalization of $29.25 billion, a price-to-earnings ratio of 36.07, a price-to-earnings-growth ratio of 2.41 and a beta of 1.03.

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.