Zacks Research Has Positive Outlook of TDY FY2025 Earnings

Key Points

• Zacks Research has raised its FY2025 earnings estimates for Teledyne Technologies to $21.49 per share, reflecting a positive outlook for the company.
• Teledyne Technologies reported earnings per share of $5.20 for its last quarter, exceeding analyst expectations of $5.05, along with a 10.2% increase in revenue compared to the prior year.
• The company has authorized a $2.00 billion share repurchase program, allowing it to buy back up to 7.7% of its stock, signaling confidence in its valuation.

Teledyne Technologies Incorporated (NYSE:TDY - Free Report) - Investment analysts at Zacks Research lifted their FY2025 earnings estimates for shares of Teledyne Technologies in a research note issued on Wednesday, August 13th. Zacks Research analyst R. Department now forecasts that the scientific and technical instruments company will earn $21.49 per share for the year, up from their previous estimate of $21.34. The consensus estimate for Teledyne Technologies' current full-year earnings is $21.55 per share. Zacks Research also issued estimates for Teledyne Technologies' Q1 2026 earnings at $5.49 EPS, Q2 2026 earnings at $5.85 EPS, Q3 2026 earnings at $5.96 EPS, Q2 2027 earnings at $6.05 EPS and FY2027 earnings at $24.76 EPS.

Several other equities research analysts have also recently weighed in on TDY. Needham & Company LLC lowered their price target on shares of Teledyne Technologies from $585.00 to $550.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Morgan Stanley upped their price target 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. UBS Group boosted their price objective on shares of Teledyne Technologies from $585.00 to $630.00 and gave the stock a "buy" rating in a research note on Thursday, July 24th. Wall Street Zen upgraded shares of Teledyne Technologies from a "hold" rating to a "buy" rating in a research note on Friday, May 9th. Finally, TD Securities reiterated a "buy" rating and set a $550.00 price objective on shares of Teledyne Technologies in a research note on Thursday, April 24th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $576.57.

Teledyne Technologies Price Performance

Shares of TDY opened at $550.26 on Thursday. The company has a 50 day moving average price of $525.22 and a 200-day moving average price of $500.86. Teledyne Technologies has a fifty-two week low of $406.42 and a fifty-two week high of $570.56. The stock has a market capitalization of $25.80 billion, a PE ratio of 30.30, a PEG ratio of 2.57 and a beta of 1.07. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.07 and a current ratio of 1.66.

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

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

Insider Buying and Selling

In other Teledyne Technologies news, Director Michael T. Smith sold 1,975 shares of the company's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $560.10, for a total transaction of $1,106,197.50. Following the transaction, the director owned 51,328 shares in the company, valued at approximately $28,748,812.80. This represents a 3.71% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Simon M. Lorne sold 6,311 shares of the company's stock in a transaction on Friday, July 25th. The shares were sold at an average price of $549.64, for a total transaction of $3,468,778.04. Following the completion of the sale, the director directly owned 61,913 shares in the company, valued at $34,029,861.32. This trade represents a 9.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,021 shares of company stock worth $8,315,662 in the last 90 days. 1.50% of the stock is owned by corporate insiders.

Institutional Trading of Teledyne Technologies

Large investors have recently made changes to their positions in the business. OneDigital Investment Advisors LLC purchased a new stake in shares of Teledyne Technologies in the 1st quarter valued at $247,000. Asset Management One Co. Ltd. raised its position in shares of Teledyne Technologies by 4.7% in the first quarter. Asset Management One Co. Ltd. now owns 38,298 shares of the scientific and technical instruments company's stock worth $19,061,000 after acquiring an additional 1,712 shares during the period. IFM Investors Pty Ltd raised its position in shares of Teledyne Technologies by 8.3% in the first quarter. IFM Investors Pty Ltd now owns 8,913 shares of the scientific and technical instruments company's stock worth $4,436,000 after acquiring an additional 681 shares during the period. SG Americas Securities LLC acquired a new position in shares of Teledyne Technologies in the first quarter worth about $6,725,000. Finally, QRG Capital Management Inc. acquired a new position in shares of Teledyne Technologies in the first quarter worth about $275,000. 91.58% of the stock is owned by hedge funds and other 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.

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