Teledyne Technologies (NYSE:TDY) Hits New 1-Year High – Time to Buy?

Shares of Teledyne Technologies Incorporated (NYSE:TDY) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $693.38 and last traded at $681.97, with a volume of 34932 shares changing hands. The stock had previously closed at $686.25.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on TDY shares. Jefferies Financial Group increased their price objective on shares of Teledyne Technologies from $710.00 to $770.00 and gave the company a “buy” rating in a research note on Monday, February 23rd. Stifel Nicolaus increased their target price on Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Citigroup raised their price target on 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 started coverage on shares of Teledyne Technologies in a research report on Wednesday, January 21st. They set an “equal weight” rating and a $620.00 price target on the stock. Finally, Barclays boosted their price objective on Teledyne Technologies from $579.00 to $599.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 22nd. Seven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $643.67.

Teledyne Technologies Price Performance

The firm has a market capitalization of $31.60 billion, a P/E ratio of 36.08, a P/E/G ratio of 3.41 and a beta of 0.99. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.08 and a current ratio of 1.64. The stock has a 50 day moving average of $604.76 and a two-hundred day moving average of $560.31.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, beating the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter in the prior year, the firm posted $5.52 EPS. The company’s revenue for the quarter 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. Sell-side analysts predict that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Insider Buying and Selling at Teledyne Technologies

In other Teledyne Technologies news, Director Michael T. Smith sold 2,469 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the transaction, the director directly owned 47,328 shares in the company, valued at $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Vice Chairman Jason Vanwees sold 2,500 shares of the business’s stock in a transaction 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 transaction, the insider directly owned 2,644 shares of the company’s stock, valued at $1,666,936.24. This trade represents a 48.60% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 11,500 shares of company stock valued at $7,214,750 over the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Teledyne Technologies

Hedge funds have recently modified their holdings of the business. Abich Financial Wealth Management LLC acquired a new position in Teledyne Technologies in the third quarter valued at approximately $26,000. SBI Securities Co. Ltd. increased its stake in Teledyne Technologies by 75.9% in the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after purchasing an additional 22 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Teledyne Technologies during the 4th quarter worth about $28,000. Rexford Capital Inc. acquired a new position in shares of Teledyne Technologies during the second quarter worth approximately $29,000. Finally, DV Equities LLC bought a new position in shares of Teledyne Technologies in the 4th quarter worth $33,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

About Teledyne Technologies

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.