Teledyne Technologies (NYSE:TDY) Rating Increased to Strong-Buy at Jefferies Financial Group

Teledyne Technologies (NYSE:TDY) was upgraded by stock analysts at Jefferies Financial Group to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

A number of other research analysts also recently issued reports on the company. Citigroup lifted their price target on Teledyne Technologies from $649.00 to $677.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. Needham & Company LLC lifted their price target on Teledyne Technologies from $700.00 to $735.00 and gave the company a “buy” rating in a report on Wednesday, April 22nd. Morgan Stanley lifted their price target on Teledyne Technologies from $620.00 to $680.00 and gave the company an “equal weight” rating in a report on Wednesday, March 4th. Weiss Ratings restated a “buy (b)” rating on shares of Teledyne Technologies in a research note on Friday, May 22nd. Finally, Barclays boosted their target price on Teledyne Technologies from $603.00 to $614.00 and gave the stock an “equal weight” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $693.71.

Teledyne Technologies Trading Down 2.6%

Shares of NYSE:TDY opened at $603.20 on Wednesday. Teledyne Technologies has a 12-month low of $483.02 and a 12-month high of $693.38. The business’s fifty day simple moving average is $630.09 and its 200-day simple moving average is $602.04. The company has a market capitalization of $27.95 billion, a PE ratio of 30.51, a P/E/G ratio of 2.97 and a beta of 0.94. The company has a current ratio of 1.76, a quick ratio of 1.16 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) last announced 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 analysts’ consensus estimates of $5.48 by $0.32. Teledyne Technologies had a return on equity of 10.24% and a net margin of 14.99%.The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period last year, the business posted $4.95 EPS. The business’s revenue was up 7.6% compared to the same quarter last year. 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. As a group, equities research analysts predict that Teledyne Technologies will post 24.01 earnings per share for the current fiscal year.

Institutional Trading of Teledyne Technologies

Several large investors have recently added to or reduced their stakes in TDY. Abich Financial Wealth Management LLC acquired a new position in shares of Teledyne Technologies in the 3rd quarter valued at about $26,000. Meeder Asset Management Inc. acquired a new position in Teledyne Technologies in the 1st quarter worth about $27,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Teledyne Technologies in the 4th quarter worth about $28,000. DV Equities LLC acquired a new position in Teledyne Technologies in the 4th quarter worth about $33,000. Finally, Board of the Pension Protection Fund acquired a new position in Teledyne Technologies in the 4th quarter worth about $41,000. 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.