Teledyne Technologies (NYSE:TDY) Price Target Raised to $603.00 at Barclays

Teledyne Technologies (NYSE:TDY) had its price objective raised by Barclays from $600.00 to $603.00 in a report released on Monday morning,Benzinga reports. They currently have an equal weight rating on the scientific and technical instruments company’s stock.

Several other equities analysts have also recently issued reports on the stock. Jefferies Financial Group boosted their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Stifel Nicolaus lifted their price objective on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Needham & Company LLC upped their price objective on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Morgan Stanley increased their target price on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $666.25.

Teledyne Technologies Stock Up 1.6%

Teledyne Technologies stock opened at $656.33 on Monday. The business’s 50-day moving average price is $646.81 and its 200 day moving average price is $577.82. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19. The firm has a market cap of $30.39 billion, a price-to-earnings ratio of 34.71, a price-to-earnings-growth ratio of 3.19 and a beta of 1.01. Teledyne Technologies has a 52 week low of $438.86 and a 52 week high of $693.38.

Teledyne Technologies (NYSE:TDY) last announced its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period in the previous year, the company posted $5.52 earnings per share. Teledyne Technologies’s revenue for the quarter 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. As a group, sell-side analysts anticipate that Teledyne Technologies will post 21.55 earnings per share for the current year.

Insiders Place Their Bets

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the transaction, the director directly owned 47,328 shares in the company, valued at approximately $29,390,688. This represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $630.46, for a total transaction of $1,576,150.00. Following the transaction, the insider directly owned 2,644 shares in the company, valued at approximately $1,666,936.24. The trade was a 48.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 11,500 shares of company stock worth $7,214,750 in the last three months. 1.36% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of TDY. Abich Financial Wealth Management LLC purchased a new stake in Teledyne Technologies during the 3rd quarter worth approximately $26,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Teledyne Technologies in the fourth quarter valued at approximately $28,000. Rexford Capital Inc. acquired a new stake in shares of Teledyne Technologies in the second quarter worth approximately $29,000. DV Equities LLC acquired a new stake in shares of Teledyne Technologies in the fourth quarter worth approximately $33,000. Finally, Board of the Pension Protection Fund purchased a new stake in shares of Teledyne Technologies during the fourth quarter worth approximately $41,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

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.