Teledyne Technologies (NYSE:TDY) Director Michael Smith Sells 2,469 Shares

Teledyne Technologies Incorporated (NYSE:TDY) Director Michael Smith sold 2,469 shares of the company’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the transaction, the director owned 47,328 shares in the company, valued at $29,390,688. This represents a 4.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Teledyne Technologies Stock Up 0.3%

NYSE TDY traded up $1.84 during trading on Thursday, hitting $622.15. The company’s stock had a trading volume of 123,109 shares, compared to its average volume of 427,307. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. Teledyne Technologies Incorporated has a fifty-two week low of $419.00 and a fifty-two week high of $630.76. The company has a market cap of $29.21 billion, a PE ratio of 32.91, a P/E/G ratio of 2.63 and a beta of 1.03. The business’s 50 day simple moving average is $532.55 and its 200-day simple moving average is $542.19.

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 for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. The company had revenue of $1.61 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $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. On average, equities analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Abich Financial Wealth Management LLC purchased a new stake in Teledyne Technologies in the 3rd quarter worth approximately $26,000. SBI Securities Co. Ltd. raised its holdings in Teledyne Technologies by 75.9% in the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 22 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Teledyne Technologies in the fourth quarter worth $28,000. Rexford Capital Inc. purchased a new stake in shares of Teledyne Technologies during the second quarter valued at $29,000. Finally, Banque Cantonale Vaudoise bought a new position in Teledyne Technologies during the 3rd quarter valued at about $43,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on TDY shares. Barclays boosted their target price on Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a report on Thursday, January 22nd. Morgan Stanley initiated coverage on shares of Teledyne Technologies in a research report on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price target on the stock. Citigroup raised their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Stifel Nicolaus raised their price objective on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Finally, Needham & Company LLC upped their price objective on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $627.88.

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.