Brokerages Set Teledyne Technologies Incorporated (NYSE:TDY) PT at $721.67

Teledyne Technologies Incorporated (NYSE:TDY) has earned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $721.6667.

A number of research firms have commented on TDY. Needham & Company LLC raised their target price on Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Zacks Research cut shares of Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Morgan Stanley increased their price target on shares of Teledyne Technologies from $680.00 to $715.00 and gave the company an “equal weight” rating in a report on Thursday, August 13th. Stifel Nicolaus raised their price objective on shares of Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Finally, Citigroup boosted their price objective on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st.

Teledyne Technologies Price Performance

Shares of NYSE:TDY opened at $613.67 on Thursday. The company has a quick ratio of 1.39, a current ratio of 2.18 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average price of $648.09 and a 200 day moving average price of $640.91. Teledyne Technologies has a 52 week low of $483.02 and a 52 week high of $697.67. The company has a market cap of $28.45 billion, a P/E ratio of 29.63, a PEG ratio of 2.71 and a beta of 0.92.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 EPS for the quarter, beating the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%.The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same period last year, the firm earned $5.20 EPS. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. 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. Research analysts predict that Teledyne Technologies will post 24.69 earnings per share for the current year.

Insider Activity

In other news, Director Simon M. Lorne sold 6,449 shares of the business’s stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the sale, the director owned 55,783 shares of the company’s stock, valued at $37,951,406.22. The trade was a 10.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.36% of the company’s stock.

Hedge Funds Weigh In On Teledyne Technologies

Several hedge funds have recently bought and sold shares of the company. Trust Co. of Vermont acquired a new stake in Teledyne Technologies in the second quarter valued at $28,000. Allied Private Wealth LLC acquired a new position in shares of Teledyne Technologies during the 2nd quarter worth $28,000. Meeder Asset Management Inc. purchased a new stake in shares of Teledyne Technologies in the 1st quarter worth about $27,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Teledyne Technologies in the 2nd quarter worth about $33,000. Finally, C M Bidwell & Associates Ltd. acquired a new stake in Teledyne Technologies in the 2nd quarter valued at about $35,000. 91.58% of the stock is owned by hedge funds and other 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.