Teledyne Technologies (NYSE:TDY) Hits New 52-Week High – Time to Buy?

Shares of Teledyne Technologies Incorporated (NYSE:TDY) reached a new 52-week high during trading on Friday . The stock traded as high as $675.19 and last traded at $669.7390, with a volume of 48999 shares. The stock had previously closed at $666.35.

Wall Street Analyst Weigh In

Several equities analysts have commented on TDY shares. Stifel Nicolaus increased their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of Teledyne Technologies in a research note on Monday, December 29th. Citigroup upped their target price on Teledyne Technologies from $567.00 to $604.00 and gave the stock a “neutral” rating in a research report on Tuesday, January 13th. Morgan Stanley began coverage on shares of Teledyne Technologies in a research note on Wednesday, January 21st. They issued an “equal weight” rating and a $620.00 price objective for the company. Finally, Needham & Company LLC raised their target price on shares of Teledyne Technologies from $615.00 to $700.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Teledyne Technologies has a consensus rating of “Moderate Buy” and an average target price of $627.88.

Teledyne Technologies Trading Up 0.3%

The firm has a market capitalization of $31.38 billion, a P/E ratio of 35.31, a PEG ratio of 3.28 and a beta of 1.01. The company has a quick ratio of 1.08, a current ratio of 1.64 and a debt-to-equity ratio of 0.19. The business has a 50-day moving average price of $577.86 and a 200-day moving average price of $552.80.

Teledyne Technologies (NYSE:TDY) last released its quarterly earnings data on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 EPS for the quarter, topping analysts’ consensus estimates of $5.83 by $0.47. The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.57 billion. Teledyne Technologies had a net margin of 14.63% and a return on equity of 10.08%. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the firm earned $5.52 EPS. Teledyne Technologies has set its FY 2026 guidance at 23.450-23.850 EPS and its Q1 2026 guidance at 5.40-5.500 EPS. Analysts anticipate that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Michael T. Smith sold 2,469 shares of the company’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $621.00, for a total value of $1,533,249.00. Following the sale, the director owned 47,328 shares of the company’s stock, valued at approximately $29,390,688. This represents a 4.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Vice Chairman Jason Vanwees sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $630.92, for a total transaction of $3,154,600.00. Following the sale, the insider directly owned 51,025 shares of the company’s stock, valued at approximately $32,192,693. The trade was a 8.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 11,500 shares of company stock valued at $7,214,750. 1.50% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Teledyne Technologies

Several institutional investors have recently bought and sold shares of TDY. Abich Financial Wealth Management LLC acquired a new stake in shares of Teledyne Technologies in the third quarter valued at $26,000. SBI Securities Co. Ltd. increased its stake in shares of Teledyne Technologies by 75.9% in the 2nd quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock valued at $26,000 after buying an additional 22 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Teledyne Technologies during the fourth quarter worth $28,000. Rexford Capital Inc. bought a new position in Teledyne Technologies in the second quarter valued at about $29,000. Finally, DV Equities LLC acquired a new stake in Teledyne Technologies in the fourth quarter worth about $33,000. Institutional investors own 91.58% of the company’s stock.

About Teledyne Technologies

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.