Brokerages Set Teledyne Technologies Incorporated (NYSE:TDY) Price Target at $721.67

Shares of Teledyne Technologies Incorporated (NYSE:TDY) have been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are presently covering the company, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $721.6667.

Several research firms recently weighed in on TDY. Needham & Company LLC raised their price objective on Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Morgan Stanley boosted their target price on Teledyne Technologies from $680.00 to $715.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Barclays raised their price target on Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a research report on Friday, July 24th. Zacks Research downgraded Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Finally, Citigroup boosted their price objective on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st.

Insider Transactions at Teledyne Technologies

In other Teledyne Technologies news, Director Simon M. Lorne sold 6,449 shares of Teledyne Technologies stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the completion of the transaction, the director owned 55,783 shares in the company, valued at approximately $37,951,406.22. The trade was a 10.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.36% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of TDY. California State Teachers Retirement System lifted its stake in Teledyne Technologies by 61,950.6% in the 2nd quarter. California State Teachers Retirement System now owns 50,350,950 shares of the scientific and technical instruments company’s stock valued at $33,579,049,000 after buying an additional 50,269,805 shares in the last quarter. Vanguard Group Inc. grew its holdings in Teledyne Technologies by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 5,977,792 shares of the scientific and technical instruments company’s stock valued at $3,053,038,000 after buying an additional 66,984 shares during the last quarter. BlackRock Inc. purchased a new position in Teledyne Technologies during the second quarter worth $2,751,121,000. State Street Corp increased its position in Teledyne Technologies by 2.9% during the third quarter. State Street Corp now owns 2,204,554 shares of the scientific and technical instruments company’s stock worth $1,291,957,000 after buying an additional 61,135 shares in the last quarter. Finally, Janus Henderson Group PLC raised its holdings in shares of Teledyne Technologies by 0.6% in the fourth quarter. Janus Henderson Group PLC now owns 1,693,281 shares of the scientific and technical instruments company’s stock worth $864,811,000 after acquiring an additional 9,824 shares during the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

Teledyne Technologies Trading Down 0.9%

Shares of TDY opened at $621.17 on Thursday. 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 firm’s 50-day moving average is $648.14 and its two-hundred day moving average is $641.34. Teledyne Technologies has a twelve month low of $483.02 and a twelve month high of $697.67. The firm has a market capitalization of $28.80 billion, a P/E ratio of 29.99, a PEG ratio of 2.71 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.79 by $0.49. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.58 billion. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the firm earned $5.20 EPS. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. On average, research analysts predict that Teledyne Technologies will post 24.69 earnings per share for the current fiscal year.

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.