Teledyne Technologies (NYSE:TDY – Free Report) had its price target lifted by Needham & Company LLC from $760.00 to $775.00 in a research note published on Friday,Benzinga reports. The firm currently has a buy rating on the scientific and technical instruments company’s stock.
TDY has been the topic of several other research reports. Zacks Research cut Teledyne Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 25th. Citigroup raised their price target on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a report on Wednesday, July 1st. Barclays raised their price target on Teledyne Technologies from $614.00 to $640.00 and gave the company an “equal weight” rating in a report on Friday, July 24th. Morgan Stanley lifted their price target on Teledyne Technologies from $680.00 to $715.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Finally, Stifel Nicolaus upped their price objective on Teledyne Technologies from $775.00 to $795.00 and gave the stock a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $729.17.
Check Out Our Latest Analysis on TDY
Teledyne Technologies Stock Up 0.0%
Shares of NYSE:TDY opened at $625.65 on Friday. The company has a market cap of $29.01 billion, a price-to-earnings ratio of 28.59, a PEG ratio of 2.30 and a beta of 0.89. The firm’s 50-day simple moving average is $616.98 and its 200-day simple moving average is $631.14. The company has a quick ratio of 1.51, a current ratio of 2.31 and a debt-to-equity ratio of 0.18. Teledyne Technologies has a fifty-two week low of $483.02 and a fifty-two week high of $697.67.
Teledyne Technologies (NYSE:TDY – Get Free Report) last issued its quarterly earnings results on Wednesday, October 21st. The scientific and technical instruments company reported $6.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.17 by $0.55. The business had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.65 billion. Teledyne Technologies had a net margin of 15.75% and a return on equity of 10.89%. The business’s revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the business posted $5.57 earnings per share. As a group, equities research analysts predict that Teledyne Technologies will post 25.59 earnings per share for the current year.
Insider Activity at Teledyne Technologies
In related news, Director Simon Lorne sold 6,449 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $680.34, for a total transaction of $4,387,512.66. Following the sale, the director owned 55,783 shares of the company’s stock, valued at approximately $37,951,406.22. The trade was a 10.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 1.36% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Core Capital Management & Research inc. purchased a new position in Teledyne Technologies in the 2nd quarter valued at approximately $3,035,000. Maren Capital LLC raised its holdings in Teledyne Technologies by 4.1% during the second quarter. Maren Capital LLC now owns 376,928 shares of the scientific and technical instruments company’s stock worth $251,373,000 after purchasing an additional 14,806 shares during the last quarter. Royal Bank of Canada boosted its position in Teledyne Technologies by 1.9% during the first quarter. Royal Bank of Canada now owns 214,721 shares of the scientific and technical instruments company’s stock worth $129,908,000 after purchasing an additional 4,062 shares in the last quarter. Nykredit A S purchased a new stake in Teledyne Technologies during the second quarter worth $12,911,000. Finally, BlackRock Inc. purchased a new stake in Teledyne Technologies during the second quarter worth $2,751,121,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting Teledyne Technologies
Here are the key news stories impacting Teledyne Technologies this week:
- Positive Sentiment: Record quarterly performance lifted guidance. Teledyne reported third-quarter earnings of $6.72 per share, above the $6.17 consensus estimate, while revenue of $1.68 billion exceeded expectations of $1.65 billion and increased 9.4% year over year. Management also raised its 2026 outlook following record profit and sales. Teledyne Technologies Q3 Earnings Lift Guidance After Record Profit
- Positive Sentiment: Analysts raised valuation targets after the results. Stifel lifted its target to $795 from $775 and retained a Buy rating; Needham raised its target to $775 from $760 and assigned a Buy rating; and BNP Paribas increased its target to $780 from $760. These targets imply substantial potential upside from the referenced trading level. Stifel Price Target Needham Price Target BNP Paribas Price Target
- Positive Sentiment: Digital imaging growth remains an upside driver. Bank of America reiterated its Buy rating, citing the record quarter, raised 2026 guidance and continued growth in digital imaging as reasons for further upside. Bank of America Rating
- Neutral Sentiment: Analyst sentiment is not unanimous across technology stocks, but the TDY-specific coverage provided is predominantly constructive, with multiple target increases following the earnings release. Analyst Sentiment Article
Teledyne Technologies Company Profile
Teledyne Technologies Incorporated (NYSE: TDY) is an industrial technology company that develops and manufactures sophisticated electronic, digital imaging, aerospace and defense products. Its offerings are used in commercial, industrial, scientific, government and defense applications where sensing, imaging, measurement and data processing are important.
The company’s businesses include digital imaging sensors and cameras, scientific instruments, environmental and marine monitoring systems, aerospace and defense electronics, communications equipment, data-acquisition systems and engineered components.
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