Brokerages Set Teledyne Technologies Incorporated (NYSE:TDY) Target Price at $693.71

Shares of Teledyne Technologies Incorporated (NYSE:TDY) have been given an average recommendation of “Moderate Buy” by the eight ratings firms that are presently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $693.7143.

TDY has been the subject of several analyst reports. Barclays raised their price target on shares of Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Morgan Stanley raised their price target on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a research note on Wednesday, March 4th. Citigroup raised their price target on shares of Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a research note on Thursday, April 2nd. Stifel Nicolaus raised their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Finally, Needham & Company LLC raised their price target on shares of Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Wednesday, April 22nd.

Hedge Funds Weigh In On Teledyne Technologies

Hedge funds have recently made changes to their positions in the stock. Abich Financial Wealth Management LLC bought a new position in shares of Teledyne Technologies during the third quarter worth about $26,000. Meeder Asset Management Inc. bought a new position in shares of Teledyne Technologies during the first quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Teledyne Technologies during the fourth quarter worth about $28,000. DV Equities LLC bought a new position in shares of Teledyne Technologies during the fourth quarter worth about $33,000. Finally, Banque Cantonale Vaudoise bought a new position in shares of Teledyne Technologies during the third quarter worth about $43,000. 91.58% of the stock is currently owned by institutional investors.

Teledyne Technologies Price Performance

Shares of TDY opened at $615.50 on Friday. Teledyne Technologies has a 12-month low of $483.02 and a 12-month high of $693.38. The business has a 50-day simple moving average of $630.42 and a two-hundred day simple moving average of $606.55. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The stock has a market cap of $28.52 billion, a PE ratio of 31.13, a PEG ratio of 3.02 and a beta of 0.94.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the prior year, the firm earned $4.95 EPS. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. Analysts anticipate that Teledyne Technologies will post 24.01 earnings per share for the current fiscal year.

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.