Teledyne Technologies Incorporated (NYSE:TDY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Teledyne Technologies Incorporated (NYSE:TDY) have earned a consensus rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $694.1429.

TDY has been the subject of a number of recent research reports. Barclays boosted their target price on Teledyne Technologies from $603.00 to $614.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Stifel Nicolaus raised their price target on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Needham & Company LLC boosted their price objective on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a research report on Wednesday, April 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Finally, Jefferies Financial Group upgraded shares of Teledyne Technologies to a “strong-buy” rating in a report on Wednesday, June 10th.

Teledyne Technologies Price Performance

Shares of NYSE:TDY opened at $643.37 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19. The stock has a market cap of $29.81 billion, a PE ratio of 32.54, a PEG ratio of 3.14 and a beta of 0.92. The company’s fifty day moving average is $627.61 and its 200 day moving average is $619.01. Teledyne Technologies has a 52 week low of $483.02 and a 52 week high of $693.38.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, April 22nd. The scientific and technical instruments company reported $5.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.48 by $0.32. Teledyne Technologies had a net margin of 14.99% and a return on equity of 10.24%. The business had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the business posted $4.95 earnings per share. The company’s revenue was up 7.6% on a year-over-year basis. 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. Research analysts anticipate that Teledyne Technologies will post 24.01 earnings per share for the current year.

Hedge Funds Weigh In On Teledyne Technologies

A number of hedge funds have recently modified their holdings of the company. Covea Finance lifted its holdings in 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 period. Mariner LLC increased its stake in shares of Teledyne Technologies by 7,237.2% during 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. purchased a new position in shares of Teledyne Technologies during the third quarter valued at approximately $4,923,000. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of Teledyne Technologies by 32.0% during 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 acquiring an additional 3,627 shares in the last quarter. Finally, Geode Capital Management LLC lifted its stake in Teledyne Technologies by 1.1% in the fourth quarter. Geode Capital Management LLC now owns 1,274,274 shares of the scientific and technical instruments company’s stock worth $649,524,000 after acquiring an additional 13,647 shares during the period. Hedge funds and other institutional investors own 91.58% of the company’s stock.

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.