Teledyne Technologies (NYSE:TDY) Hits New 12-Month High – Here’s Why

Shares of Teledyne Technologies Incorporated (NYSE:TDY) reached a new 52-week high on Monday . The company traded as high as $650.00 and last traded at $647.9150, with a volume of 4108 shares changing hands. The stock had previously closed at $628.47.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on TDY shares. Citigroup increased their price target 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 increased their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Barclays raised their price target on shares of Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a report on Thursday, January 22nd. Morgan Stanley initiated coverage on shares of Teledyne Technologies in a report on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price target on the stock. Finally, Needham & Company LLC lifted their price objective on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $627.88.

Teledyne Technologies Stock Performance

The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64. The stock has a market cap of $30.64 billion, a PE ratio of 34.55, a PEG ratio of 3.21 and a beta of 1.01. The company’s 50-day moving average price is $551.37 and its two-hundred day moving average price is $546.07.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The business had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter in the prior year, the firm earned $5.52 earnings per share. The firm’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, equities research analysts forecast that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Insider Buying and Selling

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the transaction, the director directly owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $630.46, for a total transaction of $1,576,150.00. Following the completion of the sale, the insider directly owned 2,644 shares of the company’s stock, valued at $1,666,936.24. This trade represents a 48.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 11,500 shares of company stock valued at $7,214,750 in the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Teledyne Technologies

Several hedge funds have recently added to or reduced their stakes in the business. Personal CFO Solutions LLC grew its stake in shares of Teledyne Technologies by 2.0% during the fourth quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock valued at $413,000 after buying an additional 16 shares during the last quarter. US Asset Management LLC grew its position in Teledyne Technologies by 3.5% during the 4th quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock worth $259,000 after acquiring an additional 17 shares during the last quarter. Modera Wealth Management LLC increased 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 purchasing an additional 18 shares during the period. Hennion & Walsh Asset Management Inc. lifted its position in Teledyne Technologies by 3.2% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock valued at $373,000 after purchasing an additional 20 shares during the last quarter. Finally, Cresset Asset Management LLC boosted its stake in shares of Teledyne Technologies by 2.5% during the second quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock valued at $425,000 after purchasing an additional 20 shares during the period. 91.58% of the stock is owned by institutional investors.

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.