Teledyne Technologies (NYSE:TDY) Price Target Raised to $680.00 at Citigroup

Teledyne Technologies (NYSE:TDY) had its target price upped by stock analysts at Citigroup from $677.00 to $680.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the scientific and technical instruments company’s stock. Citigroup’s target price would suggest a potential upside of 1.19% from the stock’s current price.

A number of other brokerages have also issued reports on TDY. Morgan Stanley raised their price objective on shares of Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a research note on Wednesday, June 10th. Stifel Nicolaus lifted their price target on shares of Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a report on Thursday, April 23rd. Finally, Barclays boosted their price objective on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $694.14.

Teledyne Technologies Price Performance

Shares of TDY traded up $5.07 during trading hours on Wednesday, reaching $671.97. The stock had a trading volume of 60,235 shares, compared to its average volume of 350,022. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.16 and a current ratio of 1.76. Teledyne Technologies has a 12 month low of $483.02 and a 12 month high of $693.38. The stock has a market capitalization of $31.13 billion, a PE ratio of 34.00, a PEG ratio of 3.08 and a beta of 0.94. The company’s 50-day moving average is $627.21 and its two-hundred day moving average is $614.08.

Teledyne Technologies (NYSE:TDY) last issued its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share for the quarter, topping analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same quarter in the previous year, the company posted $4.95 EPS. Teledyne Technologies’s quarterly revenue was up 7.6% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. Research analysts expect that Teledyne Technologies will post 24.01 EPS for the current year.

Hedge Funds Weigh In On Teledyne Technologies

Institutional investors have recently made changes to their positions in the stock. Redwood Investment Management LLC bought a new stake in Teledyne Technologies in the 1st quarter valued at about $1,052,000. DV Trading LLC bought a new stake in shares of Teledyne Technologies during the first quarter valued at approximately $242,000. Parallel Advisors LLC raised its position in shares of Teledyne Technologies by 25.4% during the first quarter. Parallel Advisors LLC now owns 677 shares of the scientific and technical instruments company’s stock worth $410,000 after purchasing an additional 137 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Teledyne Technologies by 183.1% in the 1st quarter. NewEdge Advisors LLC now owns 470 shares of the scientific and technical instruments company’s stock worth $284,000 after purchasing an additional 304 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new stake in Teledyne Technologies in the 1st quarter valued at $88,000. Institutional investors and hedge funds own 91.58% of the company’s stock.

Teledyne Technologies Company Profile

Teledyne Technologies (NYSE: TDY), headquartered in Thousand Oaks, California, is a diversified industrial technology company that designs, manufactures and supports sophisticated electronic systems, instruments and imaging products. Founded in 1960 by Henry Singleton and George Kozmetsky, Teledyne has grown into a multinational provider of high-performance equipment and software for commercial, scientific and government customers. Its offerings are used in markets that include aerospace and defense, marine, industrial manufacturing, environmental monitoring and scientific research.

The company operates through businesses that develop precision instrumentation, digital imaging products, engineered systems and aerospace and defense electronics.