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

Teledyne Technologies Incorporated (NYSE:TDYGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $650.00 and last traded at $647.9150, with a volume of 4108 shares traded. The stock had previously closed at $628.47.

Analysts Set New Price Targets

TDY has been the topic of a number of recent research reports. Stifel Nicolaus lifted their price target on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Citigroup lifted their target price on shares of Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 13th. Morgan Stanley assumed coverage on shares of Teledyne Technologies in a report on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 target price on the stock. Finally, Barclays upped their target price on Teledyne Technologies from $579.00 to $599.00 and gave the company an “equal weight” rating in a research report on Thursday, January 22nd. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $627.88.

Get Our Latest Stock Analysis on TDY

Teledyne Technologies Price Performance

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 has a market capitalization of $30.64 billion, a price-to-earnings ratio of 34.55, a PEG ratio of 3.21 and a beta of 1.01. The business’s fifty day moving average price is $551.37 and its 200-day moving average price is $546.07.

Teledyne Technologies (NYSE:TDYGet Free Report) last released its quarterly 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. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The business had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same quarter in the previous year, the business earned $5.52 EPS. The company’s quarterly revenue was up 7.3% on a year-over-year basis. 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 forecast that Teledyne Technologies Incorporated will post 21.55 EPS for the current year.

Insider Buying and Selling at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the completion of the sale, the director owned 47,328 shares in the company, valued at approximately $29,390,688. This trade represents a 4.96% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the business’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 value of $1,576,150.00. Following the completion of the transaction, the insider owned 2,644 shares in the company, valued at $1,666,936.24. The trade was a 48.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 11,500 shares of company stock valued at $7,214,750. Company insiders own 1.50% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Abich Financial Wealth Management LLC purchased a new stake in Teledyne Technologies in the 3rd quarter worth about $26,000. SBI Securities Co. Ltd. grew its stake in Teledyne Technologies by 75.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 22 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Teledyne Technologies during the 4th quarter valued at $28,000. Rexford Capital Inc. purchased a new stake in shares of Teledyne Technologies during the second quarter worth $29,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Teledyne Technologies in the third quarter valued at $43,000. Institutional investors own 91.58% of the company’s stock.

Teledyne Technologies Company Profile

(Get Free Report)

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.

Further Reading

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