Teledyne Technologies (NYSE:TDY) Hits New 52-Week High – Here’s What Happened

Teledyne Technologies Incorporated (NYSE:TDY)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $691.87 and last traded at $678.0120, with a volume of 330120 shares traded. The stock had previously closed at $683.22.

Analyst Upgrades and Downgrades

Several analysts have commented on TDY shares. Jefferies Financial Group raised their target price on shares of Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday. Stifel Nicolaus lifted their target price on Teledyne Technologies from $645.00 to $720.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Needham & Company LLC boosted their price objective on shares of Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Morgan Stanley initiated coverage on shares of Teledyne Technologies in a research report on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 target price for the company. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research report on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $643.67.

Teledyne Technologies Trading Down 0.8%

The business’s 50 day simple moving average is $591.12 and its 200 day simple moving average is $556.34. The stock has a market cap of $31.40 billion, a price-to-earnings ratio of 35.85, a PEG ratio of 3.39 and a beta of 1.01. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.83 by $0.47. The company had revenue of $1.61 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. Teledyne Technologies’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. On average, research analysts expect that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Insider Activity at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the company’s 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 transaction, the director directly owned 47,328 shares of the company’s stock, valued at $29,390,688. This represents a 4.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total value of $3,154,600.00. Following the transaction, the insider owned 51,025 shares in the company, valued at $32,192,693. The trade was a 8.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 11,500 shares of company stock worth $7,214,750 in the last ninety days. 1.50% of the stock is owned by company insiders.

Institutional Trading of Teledyne Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in Teledyne Technologies by 1.1% in 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 acquiring an additional 66,984 shares in the last quarter. State Street Corp lifted 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 purchasing an additional 61,135 shares during the period. Janus Henderson Group PLC grew its stake in Teledyne Technologies by 0.6% during 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 buying an additional 9,824 shares in the last quarter. Dodge & Cox increased its holdings in Teledyne Technologies by 0.3% in the 4th quarter. Dodge & Cox now owns 1,685,340 shares of the scientific and technical instruments company’s stock valued at $860,754,000 after buying an additional 4,378 shares during the period. Finally, FIL Ltd raised its position in shares of Teledyne Technologies by 25.2% in 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 in the last quarter. Institutional investors and hedge funds own 91.58% of the company’s stock.

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.