Teledyne Technologies (NYSE:TDY) Given New $775.00 Price Target at Stifel Nicolaus

Teledyne Technologies (NYSE:TDYGet Free Report) had its price target increased by Stifel Nicolaus from $750.00 to $775.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the scientific and technical instruments company’s stock. Stifel Nicolaus’ price objective points to a potential upside of 18.00% from the stock’s previous close.

A number of other equities research analysts also recently weighed in on the company. Needham & Company LLC raised their price target on Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a research report on Thursday. Citigroup increased their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research report on Wednesday, July 1st. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Jefferies Financial Group upgraded Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday, June 10th. Finally, Barclays increased their price target on shares of Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $699.86.

View Our Latest Research Report on Teledyne Technologies

Teledyne Technologies Price Performance

Teledyne Technologies stock opened at $656.78 on Thursday. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The business has a 50-day simple moving average of $626.84 and a 200 day simple moving average of $628.27. The stock has a market cap of $30.43 billion, a price-to-earnings ratio of 33.16, a PEG ratio of 3.09 and a beta of 0.92. Teledyne Technologies has a 52 week low of $483.02 and a 52 week high of $693.38.

Teledyne Technologies (NYSE:TDYGet Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share for the quarter, beating the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The firm had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter last year, the company posted $5.20 EPS. The business’s quarterly revenue was up 9.8% on a year-over-year basis. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. On average, research analysts forecast that Teledyne Technologies will post 24.1 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Teledyne Technologies

Hedge funds have recently made changes to their positions in the company. Meeder Asset Management Inc. bought a new stake in shares of Teledyne Technologies during the 1st quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Teledyne Technologies in the fourth quarter worth $28,000. Allied Private Wealth LLC purchased a new position in shares of Teledyne Technologies in the 2nd quarter worth about $28,000. DV Equities LLC purchased a new stake in Teledyne Technologies during the 4th quarter valued at about $33,000. Finally, Banque Cantonale Vaudoise purchased a new position in Teledyne Technologies in the third quarter worth about $43,000. 91.58% of the stock is currently owned by institutional investors.

Teledyne Technologies News Summary

Here are the key news stories impacting Teledyne Technologies this week:

Teledyne Technologies Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Teledyne Technologies (NYSE:TDY)

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