Teledyne Technologies (NYSE:TDY – Get Free Report) had its price objective upped by research analysts at Needham & Company LLC from $760.00 to $775.00 in a report released on Friday, Benzinga reports. The firm currently has a “buy” rating on the scientific and technical instruments company’s stock. Needham & Company LLC‘s price objective would indicate a potential upside of 25.06% from the stock’s current price.
Several other analysts have also weighed in on the company. Barclays upped their price objective on Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a research note on Friday, July 24th. Morgan Stanley lifted 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. Citigroup lifted their target price on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Zacks Research downgraded Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Finally, Stifel Nicolaus upped their price target on Teledyne Technologies from $775.00 to $795.00 and gave the company a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $729.17.
Get Our Latest Analysis on TDY
Teledyne Technologies Stock Performance
Shares of Teledyne Technologies stock opened at $619.71 on Friday. The firm has a market cap of $28.73 billion, a PE ratio of 25.10, a price-to-earnings-growth ratio of 2.66 and a beta of 0.89. The firm’s 50-day simple moving average is $618.06 and its 200-day simple moving average is $631.19. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.39 and a current ratio of 2.31. Teledyne Technologies has a 1 year low of $483.02 and a 1 year high of $697.67.
Teledyne Technologies (NYSE:TDY – Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The scientific and technical instruments company reported $6.72 EPS for the quarter, topping the consensus estimate of $6.17 by $0.55. The business had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.65 billion. Teledyne Technologies had a net margin of 15.75% and a return on equity of 10.89%. The company’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same quarter last year, the company posted $5.57 earnings per share. Equities analysts forecast that Teledyne Technologies will post 25.45 earnings per share for the current fiscal year.
Insider Activity at Teledyne Technologies
In related news, Director Simon Lorne sold 6,449 shares of the business’s 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 sale, the director owned 55,783 shares of the company’s stock, valued at $37,951,406.22. This represents a 10.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.36% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Gibbs Wealth Management grew its holdings in Teledyne Technologies by 4.3% in the 3rd quarter. Gibbs Wealth Management now owns 1,515 shares of the scientific and technical instruments company’s stock worth $919,000 after buying an additional 62 shares in the last quarter. Sterling Capital Management LLC increased its position in Teledyne Technologies by 122.5% in the 3rd quarter. Sterling Capital Management LLC now owns 3,081 shares of the scientific and technical instruments company’s stock valued at $1,870,000 after acquiring an additional 1,696 shares during the period. Yousif Capital Management LLC increased its position in Teledyne Technologies by 5.0% in the 3rd quarter. Yousif Capital Management LLC now owns 4,559 shares of the scientific and technical instruments company’s stock valued at $2,766,000 after acquiring an additional 218 shares during the period. Compass Wealth Management LLC acquired a new stake in Teledyne Technologies in the 3rd quarter valued at approximately $150,000. Finally, Root Financial Partners LLC bought a new stake in Teledyne Technologies during the 3rd quarter valued at $81,000. 91.58% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting Teledyne Technologies
Here are the key news stories impacting Teledyne Technologies this week:
- Positive Sentiment: Record quarterly performance and raised outlook: Teledyne reported Q3 adjusted earnings of $6.72 per share, exceeding estimates of roughly $6.15–$6.17, while revenue rose 9.4% year over year to $1.68 billion, ahead of the $1.65 billion consensus. Management increased full-year 2026 sales guidance to $6.625 billion after another record-profit quarter. Teledyne Technologies Q3 Earnings Lift Guidance After Record Profit
- Positive Sentiment: Strong demand visibility: Funded backlog reached $5.3 billion following 12 consecutive quarters of order growth, supporting expectations for continued sales momentum. Analysts also highlighted digital-imaging growth as a potential upside driver. Teledyne Three Key Takeaways for Long-Term Investors
- Positive Sentiment: Higher analyst price targets: Stifel raised its target to $795 from $775 and retained a Buy rating. BNP Paribas lifted its target to $780 from $760, while BofA increased its target to $780 from $770 and reiterated its Buy view. These targets imply substantial potential upside from the referenced share price. Stifel Raises Teledyne Price Target
- Neutral Sentiment: Analyst views are not unanimous: While several firms remain bullish after the earnings beat, Morgan Stanley maintained a Hold rating, creating a more cautious backdrop for the stock. Morgan Stanley Maintains Hold Rating
- Negative Sentiment: Valuation may be limiting the immediate reaction: TDY trades at roughly 25 times earnings, so investors may require continued earnings upgrades to justify further gains despite the strong quarter and improved guidance.
Teledyne Technologies Company Profile
Teledyne Technologies Incorporated (NYSE: TDY) is an industrial technology company that develops and manufactures sophisticated electronic, digital imaging, aerospace and defense products. Its offerings are used in commercial, industrial, scientific, government and defense applications where sensing, imaging, measurement and data processing are important.
The company’s businesses include digital imaging sensors and cameras, scientific instruments, environmental and marine monitoring systems, aerospace and defense electronics, communications equipment, data-acquisition systems and engineered components.
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