Teledyne Technologies (NYSE:TDY – Get Free Report) had its price target lifted by equities research analysts at Stifel Nicolaus from $775.00 to $795.00 in a research report issued to clients and investors on Thursday, Benzinga reports. The brokerage presently has a “buy” rating on the scientific and technical instruments company’s stock. Stifel Nicolaus’ price target suggests a potential upside of 25.61% from the company’s current price.
Other equities research analysts have also issued reports about the stock. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Wednesday, August 19th. Barclays increased their price target on shares of Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Zacks Research cut shares of Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Morgan Stanley lifted their price objective on shares of Teledyne Technologies from $680.00 to $715.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Finally, Needham & Company LLC lifted their price objective on shares of Teledyne Technologies from $750.00 to $760.00 and gave the stock a “buy” rating in a report on Tuesday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Teledyne Technologies has an average rating of “Moderate Buy” and a consensus price target of $726.67.
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Teledyne Technologies Stock Performance
Shares of TDY opened at $632.93 on Thursday. The company has a market cap of $29.34 billion, a PE ratio of 30.56, a price-to-earnings-growth ratio of 2.75 and a beta of 0.89. The company has a current ratio of 2.18, a quick ratio of 1.39 and a debt-to-equity ratio of 0.19. The stock has a 50-day moving average price of $619.14 and a 200-day moving average price of $631.22. Teledyne Technologies has a 12-month low of $483.02 and a 12-month high of $697.67.
Teledyne Technologies (NYSE:TDY – Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The scientific and technical instruments company reported $6.72 EPS for the quarter, topping the consensus estimate of $6.17 by $0.55. The company had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.65 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%. Teledyne Technologies’s revenue was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.57 earnings per share. As a group, equities analysts forecast that Teledyne Technologies will post 24.69 earnings per share for the current fiscal year.
Insider Buying and Selling at Teledyne Technologies
In other news, Director Simon Lorne sold 6,449 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total value of $4,387,512.66. Following the completion of the sale, the director directly owned 55,783 shares in the company, valued at approximately $37,951,406.22. The trade was a 10.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 1.36% of the company’s stock.
Hedge Funds Weigh In On Teledyne Technologies
Several institutional investors and hedge funds have recently made changes to their positions in the business. Root Financial Partners LLC bought a new stake in Teledyne Technologies in the third quarter worth $81,000. Cardinal Capital Management boosted its position in Teledyne Technologies by 2.1% during the third quarter. Cardinal Capital Management now owns 7,762 shares of the scientific and technical instruments company’s stock valued at $4,710,000 after buying an additional 159 shares during the period. Axxcess Wealth Management LLC grew its stake in shares of Teledyne Technologies by 59.8% during the third quarter. Axxcess Wealth Management LLC now owns 759 shares of the scientific and technical instruments company’s stock valued at $461,000 after buying an additional 284 shares during the last quarter. Crossmark Global Holdings Inc. grew its stake in shares of Teledyne Technologies by 9.2% during the third quarter. Crossmark Global Holdings Inc. now owns 5,128 shares of the scientific and technical instruments company’s stock valued at $3,112,000 after buying an additional 431 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its stake in shares of Teledyne Technologies by 10.8% during the third quarter. Nisa Investment Advisors LLC now owns 1,820 shares of the scientific and technical instruments company’s stock valued at $1,104,000 after buying an additional 178 shares during the last quarter. Institutional investors own 91.58% of the company’s stock.
Teledyne Technologies News Summary
Here are the key news stories impacting Teledyne Technologies this week:
- Positive Sentiment: Q3 results exceeded expectations. Teledyne reported adjusted earnings of $6.72 per share versus the $6.17 consensus estimate, while revenue increased 9.4% year over year to $1.68 billion, ahead of the $1.65 billion forecast. EPS also rose from $5.57 a year earlier. Teledyne Technologies earnings report
- Positive Sentiment: Management raised full-year 2026 sales guidance to $6.625 billion. The higher outlook, combined with 12 consecutive quarters of order growth, helped push funded backlog to $5.3 billion and signals strong forward visibility. Teledyne long-term investor takeaways
- Positive Sentiment: Digital imaging growth is viewed as an additional catalyst. Bank of America reiterated its Buy rating and maintained a $770 price target, citing the record quarter, increased guidance and digital imaging momentum as drivers of potential upside. Bank of America Teledyne rating
- Positive Sentiment: A new government order reinforces defense-related demand. Teledyne FLIR Defense received a $6 million order from the Department of Homeland Security for handheld radiation-detection devices, extending its support for the Securing the Cities initiative. Teledyne FLIR Defense DHS order
- Neutral Sentiment: Analyst views are not unanimous. Morgan Stanley retained its Hold rating, contrasting with Bank of America’s Buy recommendation. TDY trades at a relatively elevated earnings multiple, making execution against the higher outlook important for further appreciation. Morgan Stanley Teledyne rating
Teledyne Technologies Company Profile
Teledyne Technologies Incorporated (NYSE: TDY) is an industrial technology company that develops and manufactures sophisticated electronic, digital imaging, aerospace and defense products. Its offerings are used in commercial, industrial, scientific, government and defense applications where sensing, imaging, measurement and data processing are important.
The company’s businesses include digital imaging sensors and cameras, scientific instruments, environmental and marine monitoring systems, aerospace and defense electronics, communications equipment, data-acquisition systems and engineered components.
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