Teledyne Technologies (NYSE:TDY) Director Sells $1,533,249.00 in Stock

Teledyne Technologies Incorporated (NYSE:TDY) Director Michael Smith sold 2,469 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $621.00, for a total transaction of $1,533,249.00. Following the completion of the transaction, the director owned 47,328 shares of the company’s stock, valued at $29,390,688. The trade was a 4.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Teledyne Technologies Stock Performance

NYSE TDY opened at $619.75 on Friday. The firm’s 50 day simple moving average is $537.88 and its 200 day simple moving average is $543.40. The firm has a market capitalization of $29.10 billion, a price-to-earnings ratio of 32.77, a P/E/G ratio of 2.67 and a beta of 1.03. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. Teledyne Technologies Incorporated has a 1 year low of $419.00 and a 1 year high of $630.76.

Teledyne Technologies (NYSE:TDY) last released its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share for the quarter, topping the consensus estimate of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The firm had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same period in the prior year, the company earned $5.52 earnings per share. The company’s quarterly revenue was up 7.3% on a year-over-year basis. 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. As a group, research analysts expect that Teledyne Technologies Incorporated will post 21.55 earnings per share for the current fiscal year.

Institutional Trading of Teledyne Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Personal CFO Solutions LLC raised its position in shares of Teledyne Technologies by 2.0% during the fourth quarter. Personal CFO Solutions LLC now owns 808 shares of the scientific and technical instruments company’s stock worth $413,000 after acquiring an additional 16 shares during the last quarter. US Asset Management LLC increased its position in Teledyne Technologies by 3.5% during the 4th quarter. US Asset Management LLC now owns 508 shares of the scientific and technical instruments company’s stock valued at $259,000 after purchasing an additional 17 shares during the period. Modera Wealth Management LLC raised its holdings in Teledyne Technologies by 1.2% during the 4th quarter. Modera Wealth Management LLC now owns 1,519 shares of the scientific and technical instruments company’s stock worth $776,000 after purchasing an additional 18 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in shares of Teledyne Technologies by 3.2% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 636 shares of the scientific and technical instruments company’s stock worth $373,000 after purchasing an additional 20 shares during the period. Finally, Cresset Asset Management LLC boosted its stake in shares of Teledyne Technologies by 2.5% in the 2nd quarter. Cresset Asset Management LLC now owns 830 shares of the scientific and technical instruments company’s stock valued at $425,000 after purchasing an additional 20 shares during the last quarter. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TDY. Morgan Stanley initiated 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 target on the stock. Stifel Nicolaus boosted their target price on shares of Teledyne Technologies from $645.00 to $720.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Teledyne Technologies in a report on Monday, December 29th. Citigroup raised their price objective on Teledyne Technologies from $567.00 to $604.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Finally, Needham & Company LLC upped their target price on Teledyne Technologies from $615.00 to $700.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, Teledyne Technologies currently has a consensus rating of “Moderate Buy” and an average target price of $627.88.

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.