Teledyne Technologies (NYSE:TDY – Free Report) had its price objective increased by Stifel Nicolaus from $750.00 to $775.00 in a report released on Thursday morning,Benzinga reports. They currently have a buy rating on the scientific and technical instruments company’s stock.
Other equities research analysts also recently issued reports about the company. Barclays increased their price target on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Needham & Company LLC raised their target price on Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Citigroup lifted their price target on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Teledyne Technologies has a consensus rating of “Moderate Buy” and an average target price of $711.50.
Get Our Latest Analysis on TDY
Teledyne Technologies Stock Up 0.1%
Teledyne Technologies (NYSE:TDY – Get Free Report) last issued its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.79 by $0.49. The firm had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The firm’s revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the company posted $5.20 earnings per share. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. As a group, equities research analysts forecast that Teledyne Technologies will post 24.55 earnings per share for the current year.
Institutional Investors Weigh In On Teledyne Technologies
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp raised its position in Teledyne Technologies by 874.5% during the first quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock worth $970,000 after acquiring an additional 1,749 shares during the period. Empowered Funds LLC lifted its holdings in Teledyne Technologies by 78.6% during the first quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock valued at $772,000 after purchasing an additional 683 shares in the last quarter. Focus Partners Wealth grew its position in shares of Teledyne Technologies by 48.4% in the first quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock valued at $416,000 after purchasing an additional 272 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Teledyne Technologies during the second quarter worth about $5,590,000. Finally, Cresset Asset Management LLC increased its stake in shares of Teledyne Technologies by 2.5% during the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock worth $425,000 after purchasing an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 91.58% of the company’s stock.
More Teledyne Technologies News
Here are the key news stories impacting Teledyne Technologies this week:
- Positive Sentiment: Teledyne reported better-than-expected Q2 results, with non-GAAP EPS of $6.28 versus estimates near $5.79 and revenue of $1.66 billion versus $1.58 billion expected, helped by broad-based sales growth and record orders. Teledyne Technologies Reports Second Quarter Results
- Positive Sentiment: The company raised full-year 2026 EPS guidance to $24.45-$24.65 and Q3 guidance to $6.05-$6.15, both above consensus, signaling management expects momentum to continue. Teledyne Technologies Reports Second Quarter Results
- Positive Sentiment: Several analysts responded by lifting price targets and reiterating buy ratings, including Stifel to $775 and Needham to $750, suggesting Wall Street sees more upside after the earnings beat. Benzinga analyst updates
- Positive Sentiment: Teledyne also announced a five-year partnership with the RNLI to provide navigation and thermal imaging technology, a modestly positive contract win that supports its marine and sensing businesses. RNLI partnership announcement
- Neutral Sentiment: Some commentary notes the stock is trading at a premium valuation after the rally, which may limit near-term upside even as fundamentals improve. Teledyne (TDY) Stock Trades At A Premium To Fair Value
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.
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