Teledyne Technologies (NYSE:TDY – Free Report) had its price target upped by Stifel Nicolaus from $750.00 to $775.00 in a research report sent to investors on Thursday morning,Benzinga reports. The firm currently has a buy rating on the scientific and technical instruments company’s stock.
Several other research firms also recently weighed in on TDY. Barclays boosted their target price on shares of Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research report on Friday, April 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Needham & Company LLC lifted their price target on Teledyne Technologies from $735.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday. Jefferies Financial Group raised Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th. Finally, Citigroup upped their price objective on Teledyne Technologies from $677.00 to $680.00 and gave the company a “neutral” rating in a research note on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $715.83.
Read Our Latest Stock Analysis on TDY
Teledyne Technologies Stock Up 0.6%
Teledyne Technologies (NYSE:TDY – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The firm had revenue of $1.66 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same period in the prior year, the company posted $5.20 earnings per share. The firm’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, equities research analysts anticipate that Teledyne Technologies will post 24.71 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in Teledyne Technologies by 1.1% in the 4th quarter. Geode Capital Management LLC now owns 1,274,274 shares of the scientific and technical instruments company’s stock valued at $649,524,000 after purchasing an additional 13,647 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Teledyne Technologies by 32.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 14,972 shares of the scientific and technical instruments company’s stock valued at $7,647,000 after purchasing an additional 3,627 shares during the period. Defender Capital LLC. bought a new position in Teledyne Technologies in the 4th quarter worth about $17,250,000. LBP AM SA grew its position in Teledyne Technologies by 24.8% in the 4th quarter. LBP AM SA now owns 34,983 shares of the scientific and technical instruments company’s stock worth $17,867,000 after purchasing an additional 6,961 shares during the last quarter. Finally, Swedbank AB increased its stake in shares of Teledyne Technologies by 26.6% in the fourth quarter. Swedbank AB now owns 22,155 shares of the scientific and technical instruments company’s stock valued at $11,315,000 after purchasing an additional 4,659 shares during the period. 91.58% of the stock is currently owned by institutional investors.
Key Teledyne Technologies News
Here are the key news stories impacting Teledyne Technologies this week:
- Positive Sentiment: Teledyne reported better-than-expected Q2 results, with EPS of $6.28 beating estimates and revenue of $1.66 billion topping forecasts, while revenue rose 9.8% year over year. The company also raised its guidance, which is helping reinforce optimism around the stock. Article Title
- Positive Sentiment: Analysts have been raising their forecasts following the upbeat earnings report, including Stifel, which increased its price target to $775 and maintained a buy rating, and Needham, which lifted its target to $750 with a buy rating. Article Title
- Positive Sentiment: Teledyne announced a five-year partnership between its Raymarine and FLIR Marine businesses and the Royal National Lifeboat Institution, expanding its marine technology footprint and adding another potential long-term commercial relationship. Article Title
- Neutral Sentiment: Some coverage suggests the stock is trading at a premium to fair value, and Barclays kept an equal-weight rating even while raising its target to $640, which implies limited upside from current levels. Article Title
- Neutral Sentiment: Other valuation-focused articles are questioning whether TDY is still undervalued after the earnings-driven rally, indicating the market is reassessing the stock’s multiple rather than reacting to a new fundamental setback. Article Title
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.
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