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

Jefferies Financial Group upgraded shares of Teledyne Technologies (NYSE:TDY) to a strong-buy rating in a research note published on Wednesday morning,Zacks.com reports.

Other analysts also recently issued reports about the company. Stifel Nicolaus increased their price objective on Teledyne Technologies from $720.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Barclays increased their price objective 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. Morgan Stanley increased their price objective on Teledyne Technologies from $620.00 to $680.00 and gave the stock an “equal weight” rating in a research note on Wednesday, March 4th. Citigroup increased their price objective on Teledyne Technologies from $649.00 to $677.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $693.71.

Teledyne Technologies Stock Performance

Shares of Teledyne Technologies stock opened at $603.20 on Wednesday. The company has a market cap of $27.95 billion, a PE ratio of 30.51, a price-to-earnings-growth ratio of 2.97 and a beta of 0.94. Teledyne Technologies has a 52 week low of $483.02 and a 52 week high of $693.38. The business has a 50 day moving average price of $630.09 and a 200-day moving average price of $602.04. The company has a quick ratio of 1.16, a current ratio of 1.76 and a debt-to-equity ratio of 0.19.

Teledyne Technologies (NYSE:TDY) 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.

Institutional Trading of Teledyne Technologies

A number of large investors have recently bought and sold shares of TDY. Abich Financial Wealth Management LLC purchased a new stake in Teledyne Technologies in the third quarter worth $26,000. Meeder Asset Management Inc. purchased a new stake in Teledyne Technologies in the first quarter worth $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Teledyne Technologies in the fourth quarter worth $28,000. DV Equities LLC purchased a new stake in Teledyne Technologies in the fourth quarter worth $33,000. Finally, Board of the Pension Protection Fund purchased a new stake in Teledyne Technologies in the fourth quarter worth $41,000. 91.58% of the stock is owned by hedge funds and other institutional investors.

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.