Teledyne Technologies (NYSE:TDY) Hits New 12-Month High – What’s Next?

Teledyne Technologies Incorporated (NYSE:TDY)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $675.19 and last traded at $669.7390, with a volume of 48999 shares. The stock had previously closed at $666.35.

Wall Street Analyst Weigh In

Several research analysts have commented on TDY shares. Citigroup upped their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Needham & Company LLC increased their price objective on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Morgan Stanley began coverage on Teledyne Technologies in a research report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price target for the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Finally, Stifel Nicolaus raised 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. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Teledyne Technologies has an average rating of “Moderate Buy” and a consensus price target of $627.88.

Teledyne Technologies Trading Up 0.3%

The firm has a 50 day moving average price of $577.86 and a two-hundred day moving average price of $552.80. The firm has a market capitalization of $31.38 billion, a P/E ratio of 35.31, a price-to-earnings-growth ratio of 3.28 and a beta of 1.01. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64.

Teledyne Technologies (NYSE:TDY) last announced its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating the consensus estimate of $5.83 by $0.47. The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.Teledyne Technologies’s revenue was up 7.3% compared to the same quarter last year. 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 research analysts expect that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Insider Buying and Selling at Teledyne Technologies

In other news, Director Michael T. Smith sold 2,469 shares of the stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $621.00, for a total value of $1,533,249.00. Following the completion of the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $630.46, for a total value 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 approximately $1,666,936.24. This represents a 48.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 11,500 shares of company stock worth $7,214,750. Company insiders own 1.50% of the company’s stock.

Institutional Investors Weigh In On Teledyne Technologies

Institutional investors have recently modified their holdings of the stock. Dodge & Cox purchased a new stake in shares of Teledyne Technologies during the second quarter worth $767,307,000. Norges Bank acquired a new position in Teledyne Technologies in the 4th quarter worth about $428,664,000. Mariner LLC raised its stake in shares of Teledyne Technologies by 7,237.2% during the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock worth $181,385,000 after purchasing an additional 305,337 shares in the last quarter. FIL Ltd lifted its holdings in shares of Teledyne Technologies by 25.2% during the 4th quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock valued at $698,238,000 after buying an additional 274,976 shares during the last quarter. Finally, Artisan Partners Limited Partnership bought a new stake in shares of Teledyne Technologies in the 3rd quarter valued at approximately $129,791,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

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.