Teledyne Technologies (NYSE:TDY) Updates FY 2025 Earnings Guidance

Teledyne Technologies (NYSE:TDY - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 21.200-21.50 for the period, compared to the consensus estimate of 21.372. The company issued revenue guidance of -. Teledyne Technologies also updated its Q3 2025 guidance to 5.350-5.45 EPS.

Teledyne Technologies Price Performance

Shares of Teledyne Technologies stock traded up $6.07 on Friday, hitting $556.00. 552,984 shares of the company traded hands, compared to its average volume of 328,833. The firm's 50-day simple moving average is $509.44 and its 200 day simple moving average is $493.77. The company has a current ratio of 1.66, a quick ratio of 1.44 and a debt-to-equity ratio of 0.21. The company has a market cap of $26.05 billion, a P/E ratio of 30.62, a P/E/G ratio of 2.58 and a beta of 1.04. Teledyne Technologies has a 12-month low of $397.78 and a 12-month high of $570.56.

Teledyne Technologies (NYSE:TDY - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The scientific and technical instruments company reported $5.20 EPS for the quarter, topping analysts' consensus estimates of $5.05 by $0.15. The company had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.47 billion. Teledyne Technologies had a net margin of 14.54% and a return on equity of 9.96%. The firm's revenue was up 10.2% compared to the same quarter last year. During the same quarter last year, the company earned $4.58 EPS. Analysts expect that Teledyne Technologies will post 21.55 earnings per share for the current fiscal year.

Teledyne Technologies declared that its Board of Directors has approved a share repurchase program on Wednesday, July 23rd that allows the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization allows the scientific and technical instruments company to reacquire up to 7.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

Wall Street Analysts Forecast Growth

TDY has been the topic of a number of analyst reports. Morgan Stanley lifted their target price on shares of Teledyne Technologies from $535.00 to $580.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 17th. TD Securities reissued a "buy" rating and issued a $550.00 price target on shares of Teledyne Technologies in a report on Thursday, April 24th. Wall Street Zen raised shares of Teledyne Technologies from a "hold" rating to a "buy" rating in a report on Friday, May 9th. Stifel Nicolaus assumed coverage on shares of Teledyne Technologies in a report on Tuesday, June 24th. They issued a "buy" rating and a $626.00 price target on the stock. Finally, Needham & Company LLC cut 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. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, Teledyne Technologies presently has a consensus rating of "Moderate Buy" and an average target price of $576.57.

Institutional Investors Weigh In On Teledyne Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Focus Partners Wealth grew its holdings in Teledyne Technologies by 48.4% in the first quarter. Focus Partners Wealth now owns 834 shares of the scientific and technical instruments company's stock worth $416,000 after purchasing an additional 272 shares during the period. Empowered Funds LLC grew its holdings in Teledyne Technologies by 78.6% in the first quarter. Empowered Funds LLC now owns 1,552 shares of the scientific and technical instruments company's stock worth $772,000 after purchasing an additional 683 shares during the period. Finally, Jones Financial Companies Lllp grew its holdings in Teledyne Technologies by 874.5% in the first quarter. Jones Financial Companies Lllp now owns 1,949 shares of the scientific and technical instruments company's stock worth $970,000 after purchasing an additional 1,749 shares during the period. Hedge funds and other institutional investors own 91.58% of the company's stock.

About Teledyne Technologies

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.