Teledyne Technologies (NYSE:TDY) Hits New 1-Year High – Time to Buy?

Teledyne Technologies Incorporated (NYSE:TDY)’s share price reached a new 52-week high on Wednesday . The company traded as high as $693.38 and last traded at $681.97, with a volume of 34932 shares changing hands. The stock had previously closed at $686.25.

Analysts Set New Price Targets

A number of research firms have recently weighed in on TDY. Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. 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 on the stock. Needham & Company LLC lifted their price target on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Citigroup increased their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Finally, Jefferies Financial Group lifted their price target on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Teledyne Technologies has an average rating of “Moderate Buy” and an average price target of $643.67.

Teledyne Technologies Stock Down 0.6%

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 stock’s 50 day simple moving average is $604.76 and its two-hundred day simple moving average is $560.31. The firm has a market cap of $31.60 billion, a P/E ratio of 36.08, a P/E/G ratio of 3.41 and a beta of 0.99.

Teledyne Technologies (NYSE:TDY) last issued 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 for 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%.The company’s revenue was up 7.3% compared to the same quarter last year. During the same period last year, the business posted $5.52 EPS. 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. As a group, research analysts forecast that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Insider Activity

In other news, Director Michael T. Smith sold 2,469 shares of the business’s 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 completion of the transaction, the director directly owned 47,328 shares of the company’s stock, valued at $29,390,688. The trade was 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 the SEC website. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was 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 owned 2,644 shares in the company, valued at $1,666,936.24. This represents a 48.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 11,500 shares of company stock valued at $7,214,750 over the last quarter. 1.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Teledyne Technologies

A number of institutional investors and hedge funds have recently modified their holdings of the company. SBI Securities Co. Ltd. lifted its holdings in shares of Teledyne Technologies by 75.9% during the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 22 shares during the period. Abich Financial Wealth Management LLC purchased a new stake in shares of Teledyne Technologies during the third quarter worth $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Teledyne Technologies in the fourth quarter valued at about $28,000. Rexford Capital Inc. acquired a new position in Teledyne Technologies during the second quarter worth about $29,000. Finally, DV Equities LLC purchased a new stake in Teledyne Technologies during the 4th quarter valued at about $33,000. 91.58% of the stock is currently owned by hedge funds and other 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.