Teledyne Technologies (NYSE:TDY) Price Target Raised to $600.00

Teledyne Technologies (NYSE:TDY) had its price target raised by Barclays from $599.00 to $600.00 in a research note released on Monday,Benzinga reports. They currently have an equal weight rating on the scientific and technical instruments company’s stock.

A number of other research analysts have also recently commented on the company. Needham & Company LLC increased their price target on Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Stifel Nicolaus boosted their price objective on Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Jefferies Financial Group upped their target price on Teledyne Technologies from $710.00 to $770.00 and gave the stock a “buy” rating in a report on Monday, February 23rd. Citigroup increased their target price on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, Teledyne Technologies has an average rating of “Moderate Buy” and an average target price of $656.75.

Teledyne Technologies Price Performance

TDY stock opened at $633.96 on Monday. The company has a 50 day simple moving average of $633.77 and a 200 day simple moving average of $568.56. The stock has a market cap of $29.36 billion, a price-to-earnings ratio of 33.52, a P/E/G ratio of 3.18 and a beta of 0.99. Teledyne Technologies has a 1 year low of $419.00 and a 1 year high of $693.38. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.64 and a quick ratio of 1.08.

Teledyne Technologies (NYSE:TDY) last issued its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, beating analysts’ consensus estimates of $5.83 by $0.47. The firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The company’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $5.52 earnings per share. 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. Research analysts anticipate that Teledyne Technologies will post 21.55 EPS for the current fiscal year.

Insider Activity

In other news, Vice Chairman Jason Vanwees sold 5,000 shares of the business’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total value of $3,154,600.00. Following the transaction, the insider directly owned 51,025 shares of the company’s stock, valued at $32,192,693. The trade was a 8.92% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael T. Smith sold 2,469 shares of the company’s 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 sale, the director owned 47,328 shares in the company, valued at approximately $29,390,688. The trade was a 4.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 11,500 shares of company stock valued at $7,214,750. Corporate insiders own 1.50% of the company’s stock.

Hedge Funds Weigh In On Teledyne Technologies

Institutional investors and hedge funds have recently modified their holdings of the business. Dodge & Cox bought a new stake in shares of Teledyne Technologies in the 2nd quarter valued at $767,307,000. Norges Bank bought a new position in Teledyne Technologies during the fourth quarter worth $428,664,000. Mariner LLC grew its holdings in Teledyne Technologies by 7,237.2% in the third quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock worth $181,385,000 after purchasing an additional 305,337 shares during the period. FIL Ltd increased its stake in Teledyne Technologies by 25.2% in the fourth quarter. FIL Ltd now owns 1,367,137 shares of the scientific and technical instruments company’s stock valued at $698,238,000 after purchasing an additional 274,976 shares in the last quarter. Finally, Artisan Partners Limited Partnership acquired a new position in shares of Teledyne Technologies during the third quarter valued at about $129,791,000. 91.58% of the stock is currently owned by institutional investors.

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.