Teledyne Technologies (NYSE:TDY – Get Free Report) had its price target lifted by equities researchers at Needham & Company LLC from $760.00 to $775.00 in a note issued to investors on Friday, Benzinga reports. The firm presently has a “buy” rating on the scientific and technical instruments company’s stock. Needham & Company LLC‘s price target would indicate a potential upside of 25.06% from the company’s previous close.
Several other equities research analysts also recently commented on TDY. Citigroup raised their target price on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Barclays upped their price target on Teledyne Technologies from $614.00 to $640.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. Zacks Research downgraded shares of Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Morgan Stanley lifted their price objective on shares of Teledyne Technologies from $680.00 to $715.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Finally, Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $775.00 to $795.00 and gave the stock a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $729.17.
Read Our Latest Analysis on TDY
Teledyne Technologies Stock Performance
Teledyne Technologies (NYSE:TDY – Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The scientific and technical instruments company reported $6.72 EPS for the quarter, beating the consensus estimate of $6.17 by $0.55. The company had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. Teledyne Technologies had a return on equity of 10.89% and a net margin of 15.75%. The firm’s revenue was up 9.4% compared to the same quarter last year. During the same period last year, the company posted $5.57 earnings per share. As a group, equities research analysts expect that Teledyne Technologies will post 25.45 earnings per share for the current fiscal year.
Insider Activity
In related news, Director Simon Lorne sold 6,449 shares of the business’s stock in a transaction dated 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 transaction, the director owned 55,783 shares in the company, valued at approximately $37,951,406.22. The trade was a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 1.36% of the company’s stock.
Institutional Investors Weigh In On Teledyne Technologies
Hedge funds have recently bought and sold shares of the business. Gibbs Wealth Management increased its holdings in Teledyne Technologies by 4.3% during the 3rd quarter. Gibbs Wealth Management now owns 1,515 shares of the scientific and technical instruments company’s stock worth $919,000 after purchasing an additional 62 shares during the last quarter. Sterling Capital Management LLC boosted its stake in shares of Teledyne Technologies by 122.5% during the 3rd quarter. Sterling Capital Management LLC now owns 3,081 shares of the scientific and technical instruments company’s stock valued at $1,870,000 after buying an additional 1,696 shares during the last quarter. Yousif Capital Management LLC boosted its stake in shares of Teledyne Technologies by 5.0% during the 3rd quarter. Yousif Capital Management LLC now owns 4,559 shares of the scientific and technical instruments company’s stock valued at $2,766,000 after buying an additional 218 shares during the last quarter. Compass Wealth Management LLC purchased a new position in shares of Teledyne Technologies during the 3rd quarter valued at approximately $150,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Teledyne Technologies during the third quarter worth approximately $81,000. Institutional investors and hedge funds own 91.58% of the company’s stock.
Teledyne Technologies News Roundup
Here are the key news stories impacting Teledyne Technologies this week:
- Positive Sentiment: Record quarterly performance and raised outlook: Teledyne reported Q3 adjusted earnings of $6.72 per share, exceeding estimates of roughly $6.15–$6.17, while revenue rose 9.4% year over year to $1.68 billion, ahead of the $1.65 billion consensus. Management increased full-year 2026 sales guidance to $6.625 billion after another record-profit quarter. Teledyne Technologies Q3 Earnings Lift Guidance After Record Profit
- Positive Sentiment: Strong demand visibility: Funded backlog reached $5.3 billion following 12 consecutive quarters of order growth, supporting expectations for continued sales momentum. Analysts also highlighted digital-imaging growth as a potential upside driver. Teledyne Three Key Takeaways for Long-Term Investors
- Positive Sentiment: Higher analyst price targets: Stifel raised its target to $795 from $775 and retained a Buy rating. BNP Paribas lifted its target to $780 from $760, while BofA increased its target to $780 from $770 and reiterated its Buy view. These targets imply substantial potential upside from the referenced share price. Stifel Raises Teledyne Price Target
- Neutral Sentiment: Analyst views are not unanimous: While several firms remain bullish after the earnings beat, Morgan Stanley maintained a Hold rating, creating a more cautious backdrop for the stock. Morgan Stanley Maintains Hold Rating
- Negative Sentiment: Valuation may be limiting the immediate reaction: TDY trades at roughly 25 times earnings, so investors may require continued earnings upgrades to justify further gains despite the strong quarter and improved guidance.
Teledyne Technologies Company Profile
Teledyne Technologies Incorporated (NYSE: TDY) is an industrial technology company that develops and manufactures sophisticated electronic, digital imaging, aerospace and defense products. Its offerings are used in commercial, industrial, scientific, government and defense applications where sensing, imaging, measurement and data processing are important.
The company’s businesses include digital imaging sensors and cameras, scientific instruments, environmental and marine monitoring systems, aerospace and defense electronics, communications equipment, data-acquisition systems and engineered components.
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