Teledyne Technologies Incorporated (NYSE:TDY) Receives $723.33 Average Target Price from Analysts

Shares of Teledyne Technologies Incorporated (NYSE:TDY) have been assigned an average rating of “Moderate Buy” from the eight ratings firms that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $723.3333.

Several equities research analysts have commented on the company. Needham & Company LLC boosted their price objective on Teledyne Technologies from $750.00 to $760.00 and gave the stock a “buy” rating in a research note on Tuesday, September 15th. Citigroup boosted their price target on Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 1st. Stifel Nicolaus lifted their target price on shares of Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Wednesday, August 19th. Finally, Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th.

Insider Buying and Selling at Teledyne Technologies

In other news, Director Simon Lorne sold 6,449 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total value of $4,387,512.66. Following the completion of the sale, the director directly owned 55,783 shares in the company, valued at $37,951,406.22. This represents a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.36% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Teledyne Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TDY. QRG Capital Management Inc. grew its holdings in Teledyne Technologies by 13.5% in the 2nd quarter. QRG Capital Management Inc. now owns 3,257 shares of the scientific and technical instruments company’s stock valued at $2,172,000 after buying an additional 388 shares in the last quarter. Andra AP fonden raised its holdings in shares of Teledyne Technologies by 300.0% during the 2nd quarter. Andra AP fonden now owns 5,280 shares of the scientific and technical instruments company’s stock worth $3,521,000 after acquiring an additional 3,960 shares during the period. Security National Bank of SO Dak acquired a new position in shares of Teledyne Technologies during the 2nd quarter valued at about $37,000. Anchor Investment Management LLC boosted its position in shares of Teledyne Technologies by 9.1% during the 2nd quarter. Anchor Investment Management LLC now owns 276 shares of the scientific and technical instruments company’s stock valued at $184,000 after acquiring an additional 23 shares during the last quarter. Finally, Core Capital Management & Research inc. purchased a new stake in shares of Teledyne Technologies in the second quarter valued at about $3,035,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Trading Up 1.5%

Shares of TDY stock opened at $622.15 on Monday. Teledyne Technologies has a 1-year low of $483.02 and a 1-year high of $697.67. The company has a market cap of $28.84 billion, a price-to-earnings ratio of 30.04, a PEG ratio of 2.67 and a beta of 0.91. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. The stock has a 50 day simple moving average of $637.39 and a 200-day simple moving average of $633.25.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, topping analysts’ consensus estimates of $5.79 by $0.49. The company had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.58 billion. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the prior year, the business posted $5.20 earnings per share. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. On average, equities research analysts expect that Teledyne Technologies will post 24.69 EPS for the current fiscal year.

About Teledyne Technologies

Teledyne Technologies Incorporated (NYSE: TDY) is an industrial technology company that develops and manufactures advanced instrumentation, digital imaging products, aerospace and defense electronics, and engineered systems. Its products are used in scientific research, industrial automation, environmental monitoring, medical imaging, transportation, and government and defense applications.

The company’s offerings include sensors, cameras, machine-vision systems, data-acquisition equipment, marine and environmental instruments, space and airborne imaging systems, and electronic components for aerospace and defense platforms.