Teledyne Technologies (NYSE:TDY – Free Report) had its price objective upped by Barclays from $614.00 to $640.00 in a research note published on Friday morning,Benzinga reports. They currently have an equal weight rating on the scientific and technical instruments company’s stock.
A number of other research firms have also issued reports on TDY. Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a report on Friday, May 22nd. Needham & Company LLC lifted their price target on shares of Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday. Stifel Nicolaus boosted their price objective on shares of Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Citigroup upped their price objective on shares of Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Teledyne Technologies presently has an average rating of “Moderate Buy” and a consensus target price of $715.83.
Read Our Latest Research Report on TDY
Teledyne Technologies Trading Up 0.6%
Teledyne Technologies (NYSE:TDY – Get Free Report) last posted its earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, beating the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The business had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.58 billion. During the same quarter in the previous year, the business posted $5.20 EPS. The business’s quarterly revenue was up 9.8% on a year-over-year basis. 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. On average, sell-side analysts predict that Teledyne Technologies will post 24.4 EPS for the current year.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of TDY. Personal CFO Solutions LLC lifted its holdings in Teledyne Technologies by 2.0% in the 4th quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock valued at $413,000 after acquiring an additional 16 shares during the last quarter. US Asset Management LLC raised its holdings in shares of Teledyne Technologies by 3.5% in the 4th quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock worth $259,000 after purchasing an additional 17 shares in the last quarter. CX Institutional raised its holdings in shares of Teledyne Technologies by 2.8% in the 2nd quarter. CX Institutional now owns 617 shares of the scientific and technical instruments company’s stock worth $411,000 after purchasing an additional 17 shares in the last quarter. Modera Wealth Management LLC lifted its stake in Teledyne Technologies by 1.2% during the fourth quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock valued at $776,000 after purchasing an additional 18 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its holdings in Teledyne Technologies by 24.3% during the first quarter. CENTRAL TRUST Co now owns 92 shares of the scientific and technical instruments company’s stock worth $56,000 after buying an additional 18 shares in the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.
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 EPS of $6.28 beating estimates and revenue of $1.66 billion topping forecasts, while revenue rose 9.8% year over year. The company also raised its guidance, which is helping reinforce optimism around the stock. Article Title
- Positive Sentiment: Analysts have been raising their forecasts following the upbeat earnings report, including Stifel, which increased its price target to $775 and maintained a buy rating, and Needham, which lifted its target to $750 with a buy rating. Article Title
- Positive Sentiment: Teledyne announced a five-year partnership between its Raymarine and FLIR Marine businesses and the Royal National Lifeboat Institution, expanding its marine technology footprint and adding another potential long-term commercial relationship. Article Title
- Neutral Sentiment: Some coverage suggests the stock is trading at a premium to fair value, and Barclays kept an equal-weight rating even while raising its target to $640, which implies limited upside from current levels. Article Title
- Neutral Sentiment: Other valuation-focused articles are questioning whether TDY is still undervalued after the earnings-driven rally, indicating the market is reassessing the stock’s multiple rather than reacting to a new fundamental setback. Article Title
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.
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