Michael Smith Sells 2,469 Shares of Teledyne Technologies (NYSE:TDY) Stock

Teledyne Technologies Incorporated (NYSE:TDY) Director Michael Smith sold 2,469 shares of the business’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $621.00, for a total value of $1,533,249.00. Following the transaction, the director directly owned 47,328 shares of the company’s stock, valued at $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Teledyne Technologies Price Performance

TDY stock opened at $619.75 on Friday. The business’s 50-day moving average is $537.88 and its two-hundred day moving average is $543.34. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. The firm has a market capitalization of $29.10 billion, a P/E ratio of 32.77, a P/E/G ratio of 2.67 and a beta of 1.03. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $630.76.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same period in the prior year, the firm earned $5.52 earnings per share. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. 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. Analysts anticipate that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Lecap Asset Management Ltd. acquired a new stake in shares of Teledyne Technologies in the 2nd quarter worth approximately $808,000. Prudential Financial Inc. boosted its position in Teledyne Technologies by 9.5% during the second quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock worth $13,981,000 after purchasing an additional 2,369 shares in the last quarter. Synergy Asset Management LLC acquired a new stake in Teledyne Technologies in the third quarter valued at $25,153,000. State of Alaska Department of Revenue increased its position in shares of Teledyne Technologies by 52.1% in the third quarter. State of Alaska Department of Revenue now owns 8,016 shares of the scientific and technical instruments company’s stock valued at $4,697,000 after buying an additional 2,746 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Teledyne Technologies by 84.6% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 22,522 shares of the scientific and technical instruments company’s stock worth $13,199,000 after buying an additional 10,321 shares during the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

Analyst Ratings Changes

TDY has been the topic of several recent analyst reports. Needham & Company LLC increased their target price on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Barclays increased their price objective on Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Stifel Nicolaus boosted their target price on Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Citigroup increased their price target on shares of Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Finally, Morgan Stanley began coverage on shares of Teledyne Technologies in a report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price objective on the stock. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $627.88.

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.