Shares of Teledyne Technologies Incorporated (NYSE:TDY – Get Free Report) have been given an average rating of “Moderate Buy” by the nine ratings firms that are currently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $656.75.
Several equities analysts recently commented on the company. Citigroup upped their target price on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research note on Tuesday, January 13th. Stifel Nicolaus raised their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Morgan Stanley lifted their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Finally, Jefferies Financial Group upped their price objective on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, February 23rd.
Get Our Latest Research Report on Teledyne Technologies
Teledyne Technologies Stock Performance
Teledyne Technologies (NYSE:TDY – Get Free Report) last announced its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (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 net margin of 14.63% and a return on equity of 10.08%. The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm 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 analysts anticipate that Teledyne Technologies will post 21.55 earnings per share for the current year.
Insider Transactions at Teledyne Technologies
In other news, Director Michael T. Smith sold 2,469 shares of Teledyne Technologies stock in a transaction dated 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. The trade was a 4.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the business’s 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 sale, the insider owned 2,644 shares of the company’s stock, valued at $1,666,936.24. The trade was a 48.60% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 11,500 shares of company stock valued at $7,214,750. 1.36% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of TDY. Dodge & Cox purchased a new position in shares of Teledyne Technologies in the 2nd quarter valued at $767,307,000. Norges Bank purchased a new stake in Teledyne Technologies during the 4th quarter worth $428,664,000. Mariner LLC increased its holdings in Teledyne Technologies by 7,237.2% in the 3rd quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after purchasing an additional 305,337 shares in the last quarter. FIL Ltd increased its holdings in 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 purchasing an additional 274,976 shares in the last quarter. Finally, Artisan Partners Limited Partnership purchased a new position in Teledyne Technologies in the third quarter valued at about $129,791,000. 91.58% of the stock is owned by institutional investors and hedge funds.
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.
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