Teledyne Technologies (NYSE:TDY) Announces Quarterly Earnings Results

Teledyne Technologies (NYSE:TDY) posted its quarterly earnings data on Wednesday. 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, FiscalAI reports. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.58 billion. Teledyne Technologies updated its FY 2026 guidance to 24.450-24.650 EPS and its Q3 2026 guidance to 6.050-6.150 EPS.

Teledyne Technologies Trading Up 2.9%

Shares of TDY stock opened at $644.77 on Wednesday. Teledyne Technologies has a fifty-two week low of $483.02 and a fifty-two week high of $693.38. The stock’s fifty day moving average price is $626.56 and its two-hundred day moving average price is $627.29. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76. The company has a market cap of $29.87 billion, a PE ratio of 32.61, a P/E/G ratio of 3.00 and a beta of 0.92.

Institutional Trading of Teledyne Technologies

Several large investors have recently bought and sold shares of TDY. State Street Corp raised its stake 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 acquiring an additional 61,135 shares in the last quarter. Dodge & Cox boosted its stake in shares of 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 purchasing an additional 4,378 shares in the last quarter. FIL Ltd boosted its stake 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 purchasing an additional 274,976 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Teledyne Technologies by 3.0% during the 4th quarter. Invesco Ltd. now owns 787,477 shares of the scientific and technical instruments company’s stock valued at $402,188,000 after purchasing an additional 22,572 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Teledyne Technologies by 3.2% during the 3rd quarter. Bank of America Corp DE now owns 660,368 shares of the scientific and technical instruments company’s stock worth $387,002,000 after purchasing an additional 20,304 shares in the last quarter. 91.58% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TDY. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Citigroup raised their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Barclays upped their target price on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Finally, Stifel Nicolaus raised their price target on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $694.14.

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.