Zacks Research Issues Pessimistic Forecast for TDY Earnings

Key Points

• Zacks Research has lowered its Q3 2025 earnings estimate for Teledyne Technologies to $5.43 per share, down from the previous forecast of $5.45.
• Teledyne's board approved a $2 billion share buyback program, signaling confidence in the stock's value.
• Institutional investors heavily back Teledyne Technologies, with over 91% of the company's stock held by hedge funds and institutional investors.

Teledyne Technologies Incorporated (NYSE:TDY - Free Report) - Equities research analysts at Zacks Research cut their Q3 2025 earnings estimates for shares of Teledyne Technologies in a research report issued to clients and investors on Wednesday, August 13th. Zacks Research analyst Team now anticipates that the scientific and technical instruments company will post earnings per share of $5.43 for the quarter, down from their prior forecast of $5.45. The consensus estimate for Teledyne Technologies' current full-year earnings is $21.55 per share. Zacks Research also issued estimates for Teledyne Technologies' Q4 2025 earnings at $5.90 EPS, Q4 2026 earnings at $6.04 EPS, FY2026 earnings at $23.34 EPS and Q1 2027 earnings at $6.33 EPS.

A number of other analysts also recently issued reports on TDY. UBS Group raised their price target on Teledyne Technologies from $585.00 to $630.00 and gave the stock a "buy" rating in a research report on Thursday, July 24th. Wall Street Zen upgraded Teledyne Technologies from a "hold" rating to a "buy" rating in a research report on Friday, May 9th. Stifel Nicolaus assumed coverage on Teledyne Technologies in a research report on Tuesday, June 24th. They issued a "buy" rating and a $626.00 price target for the company. Needham & Company LLC lowered their price target on Teledyne Technologies from $585.00 to $550.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Finally, Morgan Stanley lifted their target price on Teledyne Technologies from $535.00 to $580.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 17th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $576.57.

Teledyne Technologies Stock Down 1.4%

Shares of TDY opened at $542.57 on Friday. The company has a market cap of $25.44 billion, a PE ratio of 29.88, a P/E/G ratio of 2.55 and a beta of 1.07. The business has a fifty day moving average of $526.08 and a 200 day moving average of $501.10. Teledyne Technologies has a 52-week low of $409.06 and a 52-week high of $570.56. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 0.21.

Teledyne Technologies (NYSE:TDY - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The scientific and technical instruments company reported $5.20 earnings per share for the quarter, beating analysts' consensus estimates 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 analyst estimates of $1.47 billion. During the same period last year, the firm posted $4.58 earnings per share. Teledyne Technologies's revenue for the quarter was up 10.2% compared to the same quarter last year.

Teledyne Technologies announced that its board has approved a share buyback program on Wednesday, July 23rd that permits the company to buyback $2.00 billion in shares. This buyback authorization permits the scientific and technical instruments company to buy up to 7.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued.

Insider Transactions at Teledyne Technologies

In other news, CEO George C. Bobb III sold 6,735 shares of the firm's stock in a transaction on Wednesday, July 30th. The stock was sold at an average price of $555.41, for a total transaction of $3,740,686.35. Following the transaction, the chief executive officer owned 10,391 shares in the company, valued at approximately $5,771,265.31. This trade represents a 39.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Simon M. Lorne sold 6,311 shares of the firm's stock in a transaction on Friday, July 25th. The shares were sold at an average price of $549.64, for a total value of $3,468,778.04. Following the transaction, the director owned 61,913 shares in the company, valued at approximately $34,029,861.32. This represents a 9.25% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 15,021 shares of company stock worth $8,315,662. 1.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Teledyne Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dodge & Cox purchased a new stake in shares of Teledyne Technologies during the second quarter worth about $767,307,000. Norges Bank purchased a new stake in shares of Teledyne Technologies during the second quarter worth about $317,986,000. GAMMA Investing LLC grew its stake in shares of Teledyne Technologies by 61,911.9% during the first quarter. GAMMA Investing LLC now owns 496,715 shares of the scientific and technical instruments company's stock worth $247,220,000 after acquiring an additional 495,914 shares during the last quarter. Alyeska Investment Group L.P. lifted its holdings in shares of Teledyne Technologies by 19,605.0% during the fourth quarter. Alyeska Investment Group L.P. now owns 365,133 shares of the scientific and technical instruments company's stock worth $169,469,000 after purchasing an additional 363,280 shares during the period. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Teledyne Technologies during the fourth quarter worth about $143,524,000. 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.

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