Teledyne Technologies (NYSE:TDY) Price Target Raised to $770.00 at Jefferies Financial Group

Teledyne Technologies (NYSE:TDY) had its price objective hoisted by Jefferies Financial Group from $710.00 to $770.00 in a research report released on Monday,Benzinga reports. Jefferies Financial Group currently has a buy rating on the scientific and technical instruments company’s stock.

A number of other analysts also recently issued reports on TDY. Barclays lifted their target price on Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research report on Thursday, January 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Citigroup increased their price objective on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Finally, Needham & Company LLC upped their price target 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. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $643.67.

Teledyne Technologies Trading Up 0.7%

NYSE TDY opened at $673.33 on Monday. Teledyne Technologies has a 52 week low of $419.00 and a 52 week high of $675.19. 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’s 50 day moving average price is $584.06 and its two-hundred day moving average price is $554.51. The stock has a market capitalization of $31.61 billion, a price-to-earnings ratio of 35.61, a PEG ratio of 3.31 and a beta of 1.01.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data 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. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The firm’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the company earned $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. As a group, analysts anticipate that Teledyne Technologies will post 21.55 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Michael T. Smith sold 2,469 shares of the company’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 owned 47,328 shares in the company, valued at approximately $29,390,688. This represents a 4.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the completion of the transaction, the insider directly owned 51,025 shares in the company, valued at approximately $32,192,693. This represents a 8.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 11,500 shares of company stock worth $7,214,750 over the last three months. Insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Teledyne Technologies

A number of institutional investors have recently made changes to their positions in the company. Prudential Financial Inc. increased its holdings in shares of Teledyne Technologies by 9.5% during the second quarter. Prudential Financial Inc. now owns 27,290 shares of the scientific and technical instruments company’s stock worth $13,981,000 after purchasing an additional 2,369 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of Teledyne Technologies by 105.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,345 shares of the scientific and technical instruments company’s stock valued at $6,649,000 after buying an additional 5,825 shares during the period. Allianz Asset Management GmbH grew its position in Teledyne Technologies by 843.1% during the third quarter. Allianz Asset Management GmbH now owns 23,001 shares of the scientific and technical instruments company’s stock worth $13,480,000 after buying an additional 20,562 shares in the last quarter. Synergy Asset Management LLC bought a new position in Teledyne Technologies during the 3rd quarter worth $25,153,000. Finally, State of Alaska Department of Revenue increased its stake in Teledyne Technologies by 52.1% during the 3rd quarter. State of Alaska Department of Revenue now owns 8,016 shares of the scientific and technical instruments company’s stock worth $4,697,000 after acquiring an additional 2,746 shares during the period. Institutional investors 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.