Teledyne Technologies (NYSE:TDY) Sets New 1-Year High – Still a Buy?

Teledyne Technologies Incorporated (NYSE:TDY) shares reached a new 52-week high on Wednesday . The company traded as high as $693.50 and last traded at $692.86, with a volume of 45908 shares traded. The stock had previously closed at $684.76.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Barclays lifted their price target on shares of Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Stifel Nicolaus raised their target price on Teledyne Technologies from $750.00 to $775.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Zacks Research raised Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a report on Friday, July 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Finally, Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $715.83.

Teledyne Technologies Trading Down 0.3%

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 firm has a market cap of $31.79 billion, a price-to-earnings ratio of 33.08, a price-to-earnings-growth ratio of 2.97 and a beta of 0.92. The firm’s fifty day moving average is $635.85 and its 200-day moving average is $637.07.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings results 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. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.58 billion. The business’s revenue was up 9.8% compared to the same quarter last year. During the same period last year, the business posted $5.20 EPS. 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. Equities analysts anticipate that Teledyne Technologies Incorporated will post 24.69 earnings per share for the current year.

Hedge Funds Weigh In On Teledyne Technologies

Institutional investors have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. acquired a new stake in shares of Teledyne Technologies during the 1st quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Teledyne Technologies during the 4th quarter valued at $28,000. Allied Private Wealth LLC bought a new position in Teledyne Technologies during the second quarter worth $28,000. DV Equities LLC bought a new position in Teledyne Technologies during the fourth quarter worth $33,000. Finally, Banque Cantonale Vaudoise acquired a new stake in Teledyne Technologies in the third quarter worth $43,000. 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.