Teledyne Technologies Incorporated (NYSE:TDY) Stock Has Average Price Target of $723.33 According to Brokerages

Key Points

• Teledyne Technologies has a “Moderate Buy” consensus among eight analysts, with an average 12-month price target of $723.33 compared with the stock’s reported $619.86 opening price.
• The company exceeded quarterly expectations, reporting $6.28 in EPS versus a $5.79 estimate and $1.66 billion in revenue, up 9.8% year over year.
• Institutional investors own 91.58% of Teledyne’s shares, while director Simon Lorne sold 6,449 shares for approximately $4.39 million, reducing his position by 10.36%.

Teledyne Technologies Incorporated (NYSE:TDY - Get Free Report) has received a consensus recommendation 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 given a strong buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $723.33.

Several equities research analysts recently issued reports on the company. Zacks Research lowered Teledyne Technologies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, August 25th. Needham & Company LLC raised their price objective on Teledyne Technologies from $750.00 to $760.00 and gave the stock a "buy" rating in a research note on Tuesday, September 15th. Citigroup lifted 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. Morgan Stanley boosted their target price 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. Finally, Barclays raised their price target on shares of Teledyne Technologies from $614.00 to $640.00 and gave the stock an "equal weight" rating in a research report on Friday, July 24th.

Teledyne Technologies Stock Up 1.8%

NYSE:TDY opened at $619.86 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.39 and a current ratio of 2.18. The company has a market capitalization of $28.74 billion, a price-to-earnings ratio of 29.93, a price-to-earnings-growth ratio of 2.65 and a beta of 0.89. Teledyne Technologies has a one year low of $483.02 and a one year high of $697.67. The stock has a 50-day simple moving average of $624.17 and a 200 day simple moving average of $630.75.

Teledyne Technologies (NYSE:TDY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (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 firm had revenue of $1.66 billion for the quarter, compared to analysts' expectations of $1.58 billion. During the same quarter in the prior year, the firm posted $5.20 earnings per share. Teledyne Technologies'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. Sell-side analysts predict that Teledyne Technologies will post 24.69 EPS for the current fiscal year.

Insider Activity at Teledyne Technologies

In related news, Director Simon Lorne sold 6,449 shares of the business's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the completion of the sale, the director owned 55,783 shares of the company's stock, valued at $37,951,406.22. This represents a 10.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.36% of the company's stock.

Hedge Funds Weigh In On Teledyne Technologies

Large investors have recently bought and sold shares of the business. Meeder Asset Management Inc. bought a new position in shares of Teledyne Technologies during the first quarter valued at approximately $27,000. Elevation Wealth Partners LLC lifted its holdings in shares of Teledyne Technologies by 1,025.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 45 shares of the scientific and technical instruments company's stock worth $27,000 after purchasing an additional 41 shares during the last quarter. Allied Private Wealth LLC bought a new stake in shares of Teledyne Technologies in the 2nd quarter worth approximately $28,000. Trust Co. of Vermont acquired a new position in Teledyne Technologies during the 2nd quarter valued at approximately $28,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in Teledyne Technologies during the 2nd quarter valued at approximately $33,000. 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, aviation, space, defense, and other specialized applications.

The company's offerings include sensors, cameras, machine-vision systems, data-acquisition equipment, test and measurement instruments, marine and airborne imaging systems, and monitoring and control technologies.

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