Teledyne Technologies (NYSE:TDY) Sets New 52-Week High – Time to Buy?

Teledyne Technologies Incorporated (NYSE:TDY)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $632.71 and last traded at $633.3970, with a volume of 287473 shares changing hands. The stock had previously closed at $613.23.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Needham & Company LLC lifted their price target 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. Barclays boosted their price objective on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research report on Thursday, January 22nd. Morgan Stanley assumed coverage on shares of Teledyne Technologies in a research report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 target price on the stock. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $627.88.

Teledyne Technologies Price Performance

The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08. The company’s 50-day moving average is $540.30 and its 200-day moving average is $543.81. The firm has a market capitalization of $30.07 billion, a price-to-earnings ratio of 33.87, a PEG ratio of 2.65 and a beta of 1.01.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results 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. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The company had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter last year, the firm posted $5.52 earnings per share. Teledyne Technologies’s revenue was up 7.3% on a year-over-year basis. 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, research analysts expect that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Insiders Place Their Bets

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the business’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 sale, the director owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Teledyne Technologies

Hedge funds and other institutional investors have recently modified their holdings of the company. Jones Financial Companies Lllp increased its position in Teledyne Technologies by 874.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company’s stock worth $970,000 after purchasing an additional 1,749 shares in the last quarter. Empowered Funds LLC lifted its position in Teledyne Technologies by 78.6% during the first quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company’s stock valued at $772,000 after buying an additional 683 shares in the last quarter. Focus Partners Wealth lifted its position in Teledyne Technologies by 48.4% during the first quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company’s stock valued at $416,000 after buying an additional 272 shares in the last quarter. HB Wealth Management LLC grew its stake in Teledyne Technologies by 25.0% during the second quarter. HB Wealth Management LLC now owns 745 shares of the scientific and technical instruments company’s stock worth $382,000 after buying an additional 149 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in shares of Teledyne Technologies by 10.0% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,520 shares of the scientific and technical instruments company’s stock worth $2,828,000 after acquiring an additional 502 shares in the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

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.