Teledyne Technologies Incorporated (NYSE:TDY – Get Free Report) has been assigned an average rating of “Moderate Buy” from the eight research firms that are covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $693.7143.
TDY has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Morgan Stanley upped their price objective on shares of Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 4th. Barclays upped their price objective 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. Jefferies Financial Group raised shares of Teledyne Technologies to a “strong-buy” rating in a research report on Wednesday. Finally, Needham & Company LLC upped their price objective on shares of Teledyne Technologies from $700.00 to $735.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd.
View Our Latest Stock Report on Teledyne Technologies
Teledyne Technologies Stock Performance
Teledyne Technologies (NYSE:TDY – Get Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 EPS for the quarter, topping the consensus estimate of $5.48 by $0.32. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the business posted $4.95 earnings per share. Teledyne Technologies has set its FY 2026 guidance at 23.850-24.150 EPS and its Q2 2026 guidance at 5.700-5.800 EPS. Equities analysts anticipate that Teledyne Technologies will post 24.01 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Teledyne Technologies
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Teledyne Technologies by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 5,910,808 shares of the scientific and technical instruments company’s stock worth $3,463,970,000 after buying an additional 69,284 shares during the last quarter. Covea Finance boosted its holdings in shares of Teledyne Technologies by 7.5% in the 4th quarter. Covea Finance now owns 51,834 shares of the scientific and technical instruments company’s stock worth $26,473,000 after buying an additional 3,600 shares during the last quarter. Mariner LLC raised its stake in shares of Teledyne Technologies by 7,237.2% in the third quarter. Mariner LLC now owns 309,556 shares of the scientific and technical instruments company’s stock valued at $181,385,000 after buying an additional 305,337 shares during the period. Jefferies Financial Group Inc. bought a new stake in shares of Teledyne Technologies in the third quarter valued at $4,923,000. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Teledyne Technologies by 32.0% in the fourth 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 buying an additional 3,627 shares during the period. 91.58% of the stock is owned by hedge funds and other institutional investors.
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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