Teledyne Technologies (NYSE:TDY) Price Target Raised to $750.00 at Needham & Company LLC

Teledyne Technologies (NYSE:TDY) had its target price upped by Needham & Company LLC from $735.00 to $750.00 in a report released on Thursday,Benzinga reports. The firm currently has a buy rating on the scientific and technical instruments company’s stock.

A number of other research firms have also issued reports on TDY. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Citigroup increased their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Stifel Nicolaus raised their target price on Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Barclays boosted their price target on shares of Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a report on Friday, April 24th. Finally, Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $711.50.

Teledyne Technologies Stock Performance

Shares of NYSE TDY opened at $650.87 on Thursday. The company has a quick ratio of 1.16, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. The firm’s 50-day moving average price is $627.09 and its two-hundred day moving average price is $629.20. Teledyne Technologies has a 52-week low of $483.02 and a 52-week high of $693.38. The stock has a market capitalization of $30.15 billion, a P/E ratio of 31.43, a P/E/G ratio of 3.05 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 EPS for the quarter, beating the consensus estimate of $5.79 by $0.49. The company had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.58 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The business’s revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the company earned $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, sell-side analysts forecast that Teledyne Technologies will post 24.55 earnings per share for the current year.

Hedge Funds Weigh In On Teledyne Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Personal CFO Solutions LLC boosted its position in shares of Teledyne Technologies by 2.0% in the fourth quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after buying an additional 16 shares during the period. US Asset Management LLC raised its position in Teledyne Technologies by 3.5% during the fourth quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock valued at $259,000 after buying an additional 17 shares during the period. CX Institutional raised its position in Teledyne Technologies by 2.8% during the second quarter. CX Institutional now owns 617 shares of the scientific and technical instruments company’s stock valued at $411,000 after buying an additional 17 shares during the period. Modera Wealth Management LLC lifted its stake in Teledyne Technologies by 1.2% in the 4th quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock worth $776,000 after acquiring an additional 18 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its stake in Teledyne Technologies by 24.3% in the 1st quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company’s stock worth $56,000 after acquiring an additional 18 shares in the last quarter. 91.58% of the stock is owned by institutional investors.

Teledyne Technologies News Summary

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

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.