Teledyne Technologies (NYSE:TDY) Price Target Raised to $600.00 at Barclays

Teledyne Technologies (NYSE:TDY) had its price target hoisted by Barclays from $599.00 to $600.00 in a report published on Monday,Benzinga reports. The brokerage currently has an equal weight rating on the scientific and technical instruments company’s stock.

A number of other equities analysts have also recently weighed in on the stock. Stifel Nicolaus upped their price objective on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Needham & Company LLC lifted their target price on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Jefferies Financial Group boosted their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Morgan Stanley upped their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $656.75.

Teledyne Technologies Stock Up 1.0%

Shares of TDY opened at $645.04 on Monday. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. Teledyne Technologies has a 12 month low of $419.00 and a 12 month high of $693.38. The stock’s 50 day moving average is $629.50 and its two-hundred day moving average is $567.35. The firm has a market cap of $29.87 billion, a P/E ratio of 34.11, a PEG ratio of 3.16 and a beta of 0.99.

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

Insiders Place Their Bets

In other news, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total transaction of $1,576,150.00. Following the transaction, the insider owned 2,644 shares in the company, valued at $1,666,936.24. The trade was a 48.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 11,500 shares of company stock valued at $7,214,750 in the last ninety days. Insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Hsbc Holdings PLC grew its position in shares of Teledyne Technologies by 81.8% in the fourth quarter. Hsbc Holdings PLC now owns 216,171 shares of the scientific and technical instruments company’s stock valued at $110,495,000 after purchasing an additional 97,281 shares in the last quarter. SHP Wealth Management purchased a new position in Teledyne Technologies during the fourth quarter worth approximately $98,000. Caitong International Asset Management Co. Ltd boosted its stake in Teledyne Technologies by 262.5% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 116 shares of the scientific and technical instruments company’s stock worth $59,000 after buying an additional 84 shares during the last quarter. BDFS Capital LLC acquired a new position in Teledyne Technologies during the fourth quarter worth $225,000. Finally, Pacer Advisors Inc. grew its holdings in Teledyne Technologies by 27.7% in the 4th quarter. Pacer Advisors Inc. now owns 5,639 shares of the scientific and technical instruments company’s stock valued at $2,880,000 after buying an additional 1,224 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.