Teledyne Technologies (NYSE:TDY) Director Sells $950,751.00 in Stock

Teledyne Technologies Incorporated (NYSE:TDY) Director Michael Smith sold 1,531 shares of Teledyne Technologies stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $621.00, for a total transaction of $950,751.00. Following the transaction, the director directly owned 49,797 shares in the company, valued at approximately $30,923,937. This trade represents a 2.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Teledyne Technologies Stock Down 0.9%

Shares of NYSE TDY opened at $619.75 on Friday. Teledyne Technologies Incorporated has a 12-month low of $419.00 and a 12-month high of $630.76. The stock has a fifty day moving average price of $537.88 and a 200 day moving average price of $543.40. The company has a current ratio of 1.64, a quick ratio of 1.08 and a debt-to-equity ratio of 0.19. The company has a market cap of $29.10 billion, a P/E ratio of 32.77, a P/E/G ratio of 2.67 and a beta of 1.03.

Teledyne Technologies (NYSE:TDY) last posted its earnings results on Wednesday, January 21st. The scientific and technical instruments company reported $6.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.83 by $0.47. Teledyne Technologies had a return on equity of 10.08% and a net margin of 14.63%.The business had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same quarter last year, the firm earned $5.52 earnings per share. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. 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. Research analysts anticipate that Teledyne Technologies Incorporated will post 21.55 EPS for the current fiscal year.

Analyst Ratings Changes

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

Institutional Trading of Teledyne Technologies

Several large investors have recently added to or reduced their stakes in the company. Abich Financial Wealth Management LLC acquired a new position in Teledyne Technologies during the third quarter valued at $26,000. SBI Securities Co. Ltd. boosted its holdings in Teledyne Technologies by 75.9% in the second quarter. SBI Securities Co. Ltd. now owns 51 shares of the scientific and technical instruments company’s stock worth $26,000 after purchasing an additional 22 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Teledyne Technologies in the 4th quarter valued at approximately $28,000. Rexford Capital Inc. bought a new position in shares of Teledyne Technologies in the second quarter valued at approximately $29,000. Finally, Banque Cantonale Vaudoise acquired a new position in Teledyne Technologies in the 3rd quarter valued at $43,000. 91.58% of the stock is owned by institutional investors and hedge funds.

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.