Teledyne Technologies (NYSE:TDY) Reaches New 1-Year High – Here’s What Happened

Teledyne Technologies Incorporated (NYSE:TDY)’s share price reached a new 52-week high during trading on Friday . The company traded as high as $675.19 and last traded at $669.7390, with a volume of 48999 shares. The stock had previously closed at $666.35.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TDY. 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 stock an “equal weight” rating in a research note on Thursday, January 22nd. Morgan Stanley assumed coverage on Teledyne Technologies in a research note on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 target price on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Finally, Citigroup raised their price target on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Teledyne Technologies has a consensus rating of “Moderate Buy” and a consensus price target of $627.88.

Teledyne Technologies Price Performance

The company has a market capitalization of $31.39 billion, a PE ratio of 35.36, a P/E/G ratio of 3.31 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64. The stock has a 50 day moving average price of $580.88 and a two-hundred day moving average price of $553.61.

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

Insiders Place Their Bets

In related news, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the completion of the sale, the director owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. The trade was a 4.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the completion of the sale, the insider owned 51,025 shares of the company’s stock, valued at $32,192,693. This represents a 8.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 11,500 shares of company stock worth $7,214,750 in the last 90 days. 1.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Teledyne Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Abich Financial Wealth Management LLC acquired a new position in Teledyne Technologies during the third quarter valued at approximately $26,000. SBI Securities Co. Ltd. boosted its holdings in shares of Teledyne Technologies by 75.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock worth $26,000 after buying an additional 22 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Teledyne Technologies in the 4th quarter valued at $28,000. Rexford Capital Inc. bought a new position in Teledyne Technologies in the 2nd quarter worth $29,000. Finally, DV Equities LLC acquired a new position in Teledyne Technologies during the 4th quarter worth $33,000. 91.58% of the stock is currently 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.