Teledyne Technologies Incorporated (NYSE:TDY) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Teledyne Technologies has a consensus “Moderate Buy” rating from eight analysts, with four holds, three buys, and one strong buy. The average 12-month price target is $723.33, implying upside from the stock’s $603.79 opening price.
• The company reported strong quarterly results, with EPS of $6.28 versus a $5.79 consensus and revenue of $1.66 billion versus expectations of $1.58 billion. Revenue rose 9.8% year over year, and analysts project full-year EPS of $24.69.
• Institutional investors own 91.58% of Teledyne’s shares, while an insider recently sold 6,449 shares at an average price of $680.34; company insiders own 1.36% of the stock.

Shares of Teledyne Technologies Incorporated (NYSE:TDY - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the eight ratings firms that are presently covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $723.3333.

A number of equities analysts have recently weighed in on the company. Citigroup upped 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. Stifel Nicolaus lifted their target price 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. Zacks Research cut shares of Teledyne Technologies from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 25th. Needham & Company LLC upped their price target on shares of Teledyne Technologies from $750.00 to $760.00 and gave the stock a "buy" rating in a research note on Tuesday, September 15th. Finally, Jefferies Financial Group upgraded Teledyne Technologies to a "strong-buy" rating in a report on Wednesday, June 10th.

Teledyne Technologies Trading Up 0.1%

NYSE:TDY opened at $603.79 on Monday. Teledyne Technologies has a 12-month low of $483.02 and a 12-month high of $697.67. The firm has a market capitalization of $27.99 billion, a P/E ratio of 29.15, a P/E/G ratio of 2.62 and a beta of 0.91. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. The business has a 50 day simple moving average of $637.92 and a 200 day simple moving average of $634.50.

Teledyne Technologies (NYSE:TDY - Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, topping analysts' consensus estimates of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The business had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.58 billion. During the same quarter last year, the company earned $5.20 EPS. The company's revenue for the quarter 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. Equities research analysts predict that Teledyne Technologies will post 24.69 EPS for the current year.

Insider Buying and Selling

In related news, Director Simon Lorne sold 6,449 shares of the firm's stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total value of $4,387,512.66. Following the transaction, the director directly owned 55,783 shares in the company, valued at approximately $37,951,406.22. This trade represents a 10.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.36% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Teledyne Technologies

Several hedge funds have recently made changes to their positions in the stock. Meeder Asset Management Inc. acquired a new position in Teledyne Technologies during the 1st quarter worth $27,000. Allied Private Wealth LLC acquired a new stake in shares of Teledyne Technologies in the 2nd quarter valued at $28,000. Trust Co. of Vermont bought a new stake in shares of Teledyne Technologies during the second quarter worth $28,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of Teledyne Technologies during the second quarter worth $33,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in shares of Teledyne Technologies during the second quarter valued at $35,000. Institutional investors own 91.58% of the company's stock.

Teledyne Technologies Company Profile

Teledyne Technologies Incorporated NYSE: TDY is an industrial technology company that develops and manufactures advanced instrumentation, digital imaging products, aerospace and defense electronics, and engineered systems. Its products are used in scientific research, industrial automation, environmental monitoring, medical imaging, transportation, and government and defense applications.

The company's offerings include sensors, cameras, machine-vision systems, data-acquisition equipment, marine and environmental instruments, space and airborne imaging systems, and electronic components for aerospace and defense platforms.

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