Zacks Research Has Optimistic Outlook of TDY Q1 Earnings

Teledyne Technologies Incorporated (NYSE:TDY - Free Report) - Stock analysts at Zacks Research upped their Q1 2026 earnings estimates for shares of Teledyne Technologies in a research report issued on Wednesday, May 14th. Zacks Research analyst R. Department now anticipates that the scientific and technical instruments company will earn $6.06 per share for the quarter, up from their previous forecast of $6.03. The consensus estimate for Teledyne Technologies' current full-year earnings is $21.55 per share. Zacks Research also issued estimates for Teledyne Technologies' Q1 2027 earnings at $6.22 EPS.

Teledyne Technologies (NYSE:TDY - Get Free Report) last announced its earnings results on Wednesday, April 23rd. The scientific and technical instruments company reported $4.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.92 by $0.03. Teledyne Technologies had a net margin of 14.45% and a return on equity of 9.94%. The company had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same period in the previous year, the business posted $4.55 earnings per share. The firm's quarterly revenue was up 7.4% compared to the same quarter last year.

Other analysts have also recently issued research reports about the company. TD Securities restated a "buy" rating and issued a $550.00 price target on shares of Teledyne Technologies in a research report on Thursday, April 24th. Bank of America increased their target price on shares of Teledyne Technologies from $550.00 to $600.00 and gave the stock a "buy" rating in a report on Monday, March 17th. Needham & Company LLC lowered their price target on shares of Teledyne Technologies from $585.00 to $550.00 and set a "buy" rating on the stock in a report on Thursday, April 24th. Finally, Wall Street Zen raised shares of Teledyne Technologies from a "hold" rating to a "buy" rating in a research note on Friday, May 9th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $542.50.

Teledyne Technologies Stock Performance

Teledyne Technologies stock traded down $1.30 during trading on Monday, reaching $487.93. The company had a trading volume of 179,569 shares, compared to its average volume of 260,549. The firm has a market capitalization of $22.86 billion, a price-to-earnings ratio of 28.32, a price-to-earnings-growth ratio of 3.14 and a beta of 1.06. The company has a current ratio of 2.33, a quick ratio of 1.61 and a debt-to-equity ratio of 0.28. The firm's 50-day simple moving average is $477.97 and its 200 day simple moving average is $481.97. Teledyne Technologies has a 52 week low of $380.63 and a 52 week high of $522.50.

Insiders Place Their Bets

In other Teledyne Technologies news, EVP Melanie Susan Cibik sold 706 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $519.96, for a total transaction of $367,091.76. Following the completion of the transaction, the executive vice president now owns 26,529 shares in the company, valued at $13,794,018.84. This trade represents a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Vice Chairman Jason Vanwees sold 3,700 shares of the stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $520.06, for a total value of $1,924,222.00. Following the sale, the insider now owns 51,324 shares in the company, valued at $26,691,559.44. The trade was a 6.72% decrease in their position. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in TDY. LPL Financial LLC boosted its position in Teledyne Technologies by 8.5% in the 4th quarter. LPL Financial LLC now owns 28,366 shares of the scientific and technical instruments company's stock valued at $13,166,000 after buying an additional 2,224 shares during the period. Amundi boosted its holdings in shares of Teledyne Technologies by 11.9% in the fourth quarter. Amundi now owns 124,874 shares of the scientific and technical instruments company's stock valued at $57,687,000 after purchasing an additional 13,244 shares during the period. ING Groep NV grew its stake in Teledyne Technologies by 144.9% in the fourth quarter. ING Groep NV now owns 5,952 shares of the scientific and technical instruments company's stock worth $2,763,000 after purchasing an additional 3,522 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Teledyne Technologies by 6.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,150,065 shares of the scientific and technical instruments company's stock worth $503,338,000 after purchasing an additional 64,617 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Teledyne Technologies by 10.9% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,515 shares of the scientific and technical instruments company's stock valued at $3,024,000 after purchasing an additional 640 shares in the last quarter. 91.58% of the stock is currently owned by institutional investors.

Teledyne Technologies Company Profile

Teledyne Technologies Incorporated, together with its subsidiaries, provides enabling technologies for industrial growth markets in the United States and internationally. Its Digital Imaging segment provides visible spectrum sensors and digital cameras; and infrared, ultraviolet, visible, and X-ray spectra; as well as micro electromechanical systems and semiconductors, including analog-to-digital and digital-to-analog converters.