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

Shares of Teledyne Technologies Incorporated (NYSE:TDY) have been given an average recommendation of “Moderate Buy” by the nine research firms that are currently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $656.75.

Several research analysts have weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Stifel Nicolaus lifted their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Jefferies Financial Group boosted their price target on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a report on Monday, February 23rd. 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. Finally, Barclays increased their price objective on Teledyne Technologies from $599.00 to $600.00 and gave the stock an “equal weight” rating in a report on Monday, March 16th.

Insider Activity

In other news, Director Michael T. Smith sold 2,469 shares of the firm’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the sale, the director directly owned 47,328 shares of the company’s stock, valued at $29,390,688. This trade represents a 4.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Vice Chairman Jason Vanwees sold 5,000 shares of Teledyne Technologies stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total value of $3,154,600.00. Following the sale, the insider owned 51,025 shares of the company’s stock, valued at approximately $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. Over the last ninety days, insiders sold 11,500 shares of company stock worth $7,214,750. Insiders own 1.36% of the company’s stock.

Institutional Trading of Teledyne Technologies

Institutional investors have recently added to or reduced their stakes in the business. Abich Financial Wealth Management LLC acquired a new position in shares of Teledyne Technologies during the 3rd quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Teledyne Technologies in the 4th quarter valued at $28,000. Rexford Capital Inc. acquired a new stake in shares of Teledyne Technologies in the 2nd quarter valued at $29,000. DV Equities LLC bought a new stake in Teledyne Technologies in the fourth quarter worth $33,000. Finally, Banque Cantonale Vaudoise bought a new stake in Teledyne Technologies in the third quarter worth $43,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Teledyne Technologies Trading Up 0.1%

Shares of NYSE TDY opened at $594.08 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 one year low of $419.00 and a one year high of $693.38. The business has a 50-day moving average price of $642.12 and a two-hundred day moving average price of $572.43. The firm has a market capitalization of $27.51 billion, a PE ratio of 31.42, a PEG ratio of 2.93 and a beta of 0.99.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, beating analysts’ consensus estimates of $5.83 by $0.47. The company 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 quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.52 EPS. 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. As a group, analysts predict that Teledyne Technologies will post 21.55 earnings per share for the current fiscal year.

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.