Teledyne Technologies (NYSE:TDY) Stock Gets Price Target Increase from Stifel Nicolaus

Key Points

• Stifel Nicolaus raised Teledyne Technologies’ price target to $795 from $775 while maintaining a Buy rating, implying 25.61% upside from the prior close.
• Teledyne exceeded quarterly expectations, reporting EPS of $6.72 versus the $6.17 consensus and revenue of $1.68 billion, up 9.4% year over year.
• Analyst sentiment remains generally positive, with a consensus rating of Moderate Buy and an average target of $726.67, although some firms maintain Hold ratings; institutional investors own 91.58% of the stock.

Teledyne Technologies (NYSE:TDY - Get Free Report) had its target price increased by Stifel Nicolaus from $775.00 to $795.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has a "buy" rating on the scientific and technical instruments company's stock. Stifel Nicolaus' target price would indicate a potential upside of 25.61% from the company's previous close.

Other analysts also recently issued research reports about the stock. Zacks Research downgraded shares of Teledyne Technologies from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Weiss Ratings restated a "buy (b)" rating on shares of Teledyne Technologies in a report on Wednesday, August 19th. Citigroup boosted their price target 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. Needham & Company LLC upped their price objective on shares of Teledyne Technologies from $750.00 to $760.00 and gave the stock a "buy" rating in a research report on Tuesday, September 15th. Finally, Morgan Stanley increased 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. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $726.67.

Teledyne Technologies Trading Up 0.1%

NYSE TDY opened at $632.93 on Thursday. The firm has a market capitalization of $29.34 billion, a P/E ratio of 30.56, a PEG ratio of 2.75 and a beta of 0.89. The business has a fifty day simple moving average of $619.14 and a 200 day simple moving average of $631.22. Teledyne Technologies has a 12 month low of $483.02 and a 12 month high of $697.67. The company has a current ratio of 2.18, a quick ratio of 1.39 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY - Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The scientific and technical instruments company reported $6.72 earnings per share for the quarter, beating the consensus estimate of $6.17 by $0.55. The business had revenue of $1.68 billion for the quarter, compared to analysts' expectations of $1.65 billion. Teledyne Technologies had a return on equity of 10.56% and a net margin of 15.29%. The business's revenue was up 9.4% on a year-over-year basis. During the same period last year, the business earned $5.57 EPS. On average, analysts predict that Teledyne Technologies will post 24.69 EPS for the current fiscal year.

Insiders Place Their Bets

In other Teledyne Technologies news, Director Simon Lorne sold 6,449 shares of the business's stock in a transaction on 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 of the company's stock, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.36% of the company's stock.

Institutional Investors Weigh In On Teledyne Technologies

Several large investors have recently made changes to their positions in TDY. Root Financial Partners LLC bought a new stake in Teledyne Technologies during the 3rd quarter worth approximately $81,000. Cardinal Capital Management boosted its holdings in Teledyne Technologies by 2.1% in the 3rd quarter. Cardinal Capital Management now owns 7,762 shares of the scientific and technical instruments company's stock valued at $4,710,000 after purchasing an additional 159 shares during the period. Axxcess Wealth Management LLC boosted its holdings in Teledyne Technologies by 59.8% in the 3rd quarter. Axxcess Wealth Management LLC now owns 759 shares of the scientific and technical instruments company's stock valued at $461,000 after purchasing an additional 284 shares during the period. Crossmark Global Holdings Inc. grew its position in shares of Teledyne Technologies by 9.2% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 5,128 shares of the scientific and technical instruments company's stock valued at $3,112,000 after purchasing an additional 431 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of Teledyne Technologies by 10.8% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,820 shares of the scientific and technical instruments company's stock valued at $1,104,000 after purchasing an additional 178 shares in the last quarter. 91.58% of the stock is owned by hedge funds and other institutional investors.

More Teledyne Technologies News

Here are the key news stories impacting Teledyne Technologies this week:

• Positive Sentiment: Q3 results exceeded expectations. Teledyne reported adjusted earnings of $6.72 per share versus the $6.17 consensus estimate, while revenue increased 9.4% year over year to $1.68 billion, ahead of the $1.65 billion forecast. EPS also rose from $5.57 a year earlier. Teledyne Technologies earnings report
• Positive Sentiment: Management raised full-year 2026 sales guidance to $6.625 billion. The higher outlook, combined with 12 consecutive quarters of order growth, helped push funded backlog to $5.3 billion and signals strong forward visibility. Teledyne long-term investor takeaways
• Positive Sentiment: Digital imaging growth is viewed as an additional catalyst. Bank of America reiterated its Buy rating and maintained a $770 price target, citing the record quarter, increased guidance and digital imaging momentum as drivers of potential upside. Bank of America Teledyne rating
• Positive Sentiment: A new government order reinforces defense-related demand. Teledyne FLIR Defense received a $6 million order from the Department of Homeland Security for handheld radiation-detection devices, extending its support for the Securing the Cities initiative. Teledyne FLIR Defense DHS order
• Neutral Sentiment: Analyst views are not unanimous. Morgan Stanley retained its Hold rating, contrasting with Bank of America’s Buy recommendation. TDY trades at a relatively elevated earnings multiple, making execution against the higher outlook important for further appreciation. Morgan Stanley Teledyne rating

About Teledyne Technologies

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.